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Berkshire Hathaway Specialty names Min Ong Asia energy head

Published March 16, 2015 - 9:25am CST

(Reuters) — Berkshire Hathaway Specialty Insurance, a part of Warren Buffett's Berkshire Hathaway Inc., appointed Min Ong regional head of energy for Asia.

Companies under threat in more dangerous world

By: Mark A. Hofmann

Published March 15, 2015 - 6:00am CST

NEW YORK — The world situation is “a little bit depressing,” the former chairman of the U.S. House Intelligence Committee said.

UP CLOSE: Cory Isaacson

Published March 15, 2015 - 6:00am CST

NEWARK, CALIFORNIA-BASED CHIEF TECHNOLOGY OFFICER

Q&A: Elizabeth Haar, Accident Fund Holdings Inc.

By: Sheena Harrison

Published March 15, 2015 - 6:00am CST

Elizabeth Haar is president and CEO of Lansing, Michigan-based workers compensation insurer Accident Fund Holdings Inc. and chairwoman of the National Council on Compensation Insurance Inc., a Boca Raton, Florida-based workers comp ratemaking agency. She recently spoke with Business Insurance Associate Editor Sheena Harrison about projections for the workers comp sector and developments in comp...

Chicago mayor seeks to phase in higher pension payments

Published March 13, 2015 - 3:49pm CST

(Reuters) — Chicago Mayor Rahm Emanuel on Friday called for phasing in higher, state-mandated payments to city pension funds to avoid a shock to the city’s budget and a big property tax hike.

India's Modi passes first major economic reform with insurance overhaul

Published March 12, 2015 - 11:37am CST

(Reuters) — Indian Prime Minister Narendra Modi passed his first major economic reform almost a year after coming to power, as parliament voted late on Thursday to allow more foreign investment in the insurance sector.

FERMA president joins Airmic as technical director

By: Mark A. Hofmann

Published March 12, 2015 - 11:01am CST

Julia Graham will join Airmic Ltd. as technical director on May 1, the U.K. risk management association announced Wednesday.

Captive insurers can mitigate political, trade credit risks

By: Matthew Lerner

Published March 10, 2015 - 3:26pm CST

ORLANDO, Fla. — As political and trade credit risk rise in importance to multinational corporations, captives can be used to help mitigate such risks, according to a panel speaking at the Captive Insurance Companies Association conference Monday in Orlando.

QBE names North American president of field operations

By: Shelby Livingston

Published March 10, 2015 - 2:11pm CST

Mark Cantin has joined QBE North America as president of field operations, the New York-based unit of QBE Insurance Group Ltd. announced Tuesday.

Towers Watson promotes exec to lead risk and financial services business

By: Shelby Livingston

Published March 10, 2015 - 12:38pm CST

Towers Watson & Co. has appointed Eric Speer to lead its risk and financial services business, effective July 1.

XL and Catlin choose reinsurance leaders for combined company

By: Sarah Veysey

Published March 10, 2015 - 10:13am CST

The reinsurance operations of the combined XL Catlin will be led by Charles Cooper in Bermuda, Jonathan Gale in London and John Welch in North America once the companies merge later this year, Business Insurance has learned.

Best Off Beat stories from February

Published March 09, 2015 - 5:46pm CST

This month: a Jay-Z song lands Live Nation in hot water, Tiger Woods gets hit with a slip-and-fall lawsuit, Lance Armstrong's lies earn him a $10 million penalty, and more.

Ex-Aon Benfield director to lead Capsicum Re's Bermuda operations

By: Shelby Livingston

Published March 09, 2015 - 2:23pm CST

Former Aon Benfield Bermuda managing director Neville Ching will lead the Bermuda operations of reinsurance brokerage Capsicum Reinsurance Brokers L.L.P.

Risk management students will attend RIMS annual conference

By: Shelby Livingston

Published March 09, 2015 - 12:02pm CST

The Risk & Insurance Management Society Inc. has awarded 30 undergraduate and graduate risk management students with an Anita Benedetti Student Involvement Program grant, the society announced Monday.

Tax reforms could target benefits offered by employers

By: Mark A. Hofmann

Published March 06, 2015 - 2:43pm CST

NEW YORK — The tax treatment of employer-provided health benefits could be affected by future tax reform, according to a veteran Washington lobbyist.

Schinnerer names senior professional liability leaders

By: Shelby Livingston

Published March 03, 2015 - 3:14pm CST

Managing general underwriter Victor O. Schinnerer & Co. Inc. has named Jill Tellez and Kevin Collins to senior professional liability posts.

Piracy claims hold up bank robber film before U.S. release

Published March 03, 2015 - 10:33am CST

To the dismay of film distributor Osiris Entertainment, viewers could watch “Electric Slide” online before it hits the domestic box office next month.

AIG former CEO remembered for leading the insurer’s revival

By: Mark A. Hofmann

Published March 03, 2015 - 10:16am CST

Former American International Group Inc. President and CEO Robert H. Benmosche, who died Friday in New York after battling cancer for five years, will go down in history as the executive who led the well-documented turnaround of the insurance giant.

2015 Risk Manager of the Year, Risk Management Honor Roll announced

Published March 02, 2015 - 2:42pm CST

Business Insurance announced Monday that Kathleen M. Ireland, vice president of global risk and insurance management at technology giant IBM Corp. in Armonk, New York, is the 2015 Risk Manager of the YearŽ.

Berkshire insurance 'superstar' could fill Buffett's shoes

Published March 02, 2015 - 9:52am CST

(Reuters) — Warren Buffett, at a news conference in Bengaluru, India, in 2011, lavishly praised Berkshire Hathaway executive Ajit Jain for smoothly running much of the conglomerate's insurance businesses.

Former AIG chief Robert Benmosche dies at 70

By: Mark A. Hofmann

Published March 01, 2015 - 6:00am CST

Former American International Group Inc. President and CEO Robert H. Benmosche, who had battled cancer for five years, died Friday in New York. He was 70.

UP CLOSE: Lincoln Pan

Published March 01, 2015 - 6:00am CST

PUDONG, SHANGHAI-BASED CEO

Q&A: Ashok Subramanian, Liazon Corp.

Published March 01, 2015 - 6:00am CST

Ashok Subramanian is CEO of Liazon Corp. After co-founding the company in 2007, Mr. Subramanian sold Liazon to Towers Watson & Co. in November 2013 for $215 million. As of February, more than 900 employers were offering health care coverage to active employees and/or retirees through Liazon's “Bright Choices” exchange platform. Mr.

Ex-AIG leader Benmosche dies at 70

By: Mark A. Hofmann

Published February 27, 2015 - 1:20pm CST

Former American International Group Inc. President and CEO Robert H. Benmosche, who had battled cancer for five years, died Friday in New York. He was 70.

Lloyd's insurer names new executive following bid

By: Sarah Veysey

Published February 25, 2015 - 10:02am CST

Brit P.L.C. has appointed Matthew Wilson to the newly created role of group deputy CEO, the Lloyd's of London insurer announced Wednesday.

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