All the headlines from our Lloyd's Topic Page, ordered by recency.
Jul 20 2004 // EnPro Industries of Charlotte, N.C., and London-based Equitas announced they have reached a comprehensive agreement to settle the current and future insurance claims of EnPro subsidiaries against certain underwriters at...
Jul 15 2004 // Nothing succeeds like success, and Lloyd’s recent successes have apparently attracted the attention of the world’s premier investor, Berkshire Hathaway’s Warren Buffett.Berkshire is sitting on a mountain...
Jul 5 2004 // Like a commercial airline scrambling to squeeze out a profit in the face of increased competition and skyrocketing fuel prices, many insurance agents find themselves caught in the downward spiral of another soft market...
Jul 5 2004 // Lloyd’s America revealed it is investigating allegedly bogus umbrella trucking liability policies reportedly placed through the Oakland, Calif.-based broker Ambassador Insurance Services and/or GIO International of...
Jul 5 2004 // Lloyd’s America has revealed exclusively to Insurance Journal that an investigation is currently underway for allegedly bogus umbrella trucking liability policies reportedly placed through the Oakland, Calif.-based...
Jul 5 2004 // A number of Lloyd’s of London underwriters filed a lawsuit June 15 against an aircraft insurance group and several of its members, alleging the group refused to assist in the defense of companies involved in a deadly...
Jun 23 2004 // Lloyd’s America has revealed exclusively to Insurance Journal that an investigation is currently underway for allegedly bogus umbrella trucking liability policies reportedly placed through the Oakland, Calif.-based...
Jun 23 2004 // The Toronto-based RS Group of Companies, Inc. (RSGC), formerly Rent Shield Corp., a provider of pass-through risk specialty insurance and reinsurance products, announced that it has completed the purchase of 49 percent of...
Jun 22 2004 // Guy Carpenter & Company Ltd., Marsh & McLennan’s global risk and reinsurance specialist, announced that it has released its annual, comprehensive review of the Lloyd’s Market – The Lloyd’s...
Jun 21 2004 // Richard W. Peterson, 63, of San Francisco, a former insurance broker/agent, was arrested at Miami International Airport on federal fraud charges for allegedly selling approximately $4 million of fake insurance policies...
Jun 17 2004 // Nearly every news service in the world has picked up on the story about Lloyd’s underwriter Jonathan Thomas, who created a policy covering the loss of an unnamed male model’s chest hair.Thomas, who underwrites...
Jun 10 2004 // Lloyd’s has released its first report on slip quality since mandating the use of the LMP (London Market Principles) slip at the start of the year.The study analyzes overall market performance, using a balanced...
May 21 2004 // Lloyd’s has issued its 2003 Annual Report, giving details of the year’s results, and describing the London market’s general financial condition and future prospects.The introduction described 2003 as a...
May 18 2004 // Lloyd’s announced that it will donate $300,000 to the Derek Hughes/NAPSLO Educational Foundation, Ltd. to encourage the educational development of students and professionals interested in the excess and surplus lines...
May 13 2004 // As part of its ongoing efforts to strengthen its presence in the European insurance market, Lloyd’s announced that it has appointed David Battman as a full-time representative, as part of its strategy to expand in...
May 10 2004 // Lloyd’s Chairman Lord Peter Levene announced that the U.K.’s Financial Services Authority (FSA) has given Lloyd’s authorization to write direct business in eight of the new European Union accession...
May 3 2004 // Nofio Pecoraro Jr. ran a pub in England while on the lam from Louisiana’s 1990s insurance scandals. Now back in New Orleans, he has pleaded guilty to a federal charge of conspiring to commit mail fraud and...
May 3 2004 // International News • March 30 “These parties obviously want to bring a reparations test case. I think the courts will continue to resist cases in which principals are deceased. All of our descendants were abused by...
May 3 2004 // International News • March 30 “These parties obviously want to bring a reparations test case. I think the courts will continue to resist cases in which principals are deceased. All of our descendants were abused by...
May 3 2004 // XL Capital Ltd. announced that Nicholas J. Metcalf, Chief Executive Officer of the Company’s Lloyd’s operation, XL London Market Ltd., has decided to leave the Company to pursue other business interests. Clive...