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Katrina class action suit filed against State Farm
A lawsuit has been filed on behalf of homeowners covered by an “all risk” policy with State Farm Fire and Casualty on 4 January as the fallout from Hurricane Katrina continues.
09 January 2006
Near North founder Segal guilty of fraud
Michael Segal, the colourful founder of Chicago based Near North Insurance Brokerage Inc, was imprisoned last week following his conviction on multiple counts of mail fraud, wire fraud, tax conspiracy and racketeering.
28 June 2004
Cook joins Benfield
Reinsurer broker Benfield has appointed Chris Cook to its aviation insurance team, where he will focus on major aviation risks.
07 June 2004
Aon denies complacency
World's second largest broker Aon has made public efforts this month to clear up comments attributed to outgoing CEO Pat Ryan that he was "not fazed" by the Spitzer and other investigations into the industry, and that he was "very comfortable" with the be
01 December 2004
Xchanging’s ‘phenomenal’ deal with Deutsche Bank
The British outsourcing company Xchanging is on the way to becoming a “global phenomenon” following its €40mn deal with Deutsche Bank, claims company founder David Andrews.
01 June 2004
Cox and Highway: motor marriage made in heaven?
Lloyd’s Insurer Cox is in takeover talks with rival motor insurer Highway, it has emerged.
15 March 2004
AIG raises Q1 dividend
World’s largest insurer AIG announced last Wednesday (19 May) that it had raised its quarterly dividend by 15 percent from 6.5 to 7.5 cents a share, the third increase in the last year.
24 May 2004
GoshawK co-founder steps down
Andrew Gammell, the co-founder of troubled insurer GoshawK stepped down from the board of its quoted parent GoshawK Insurance Holdings plc last week.
01 March 2004
Percy retires… Kiln announces replacement
Lloyd’s listed vehicle Kiln plc announced last week that Professor Ian Percy will retire as chairman with effect from 4 March 2005 and as a director from 31 March 2005.
15 November 2004
French buy into London
London market IT service provider Intech was acquired this month by the expanding French company Sword Group.
12 December 2005
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