All the headlines from our London Topic Page, ordered by recency.
Jan 8 2002 // Lord, Bissell & Brook, a legal firm representing London Market Insurers in a lawsuit filed against the insurers by The B.F. Goodrich Company, announced that a Summit County, Ohio court has granted summary judgment and...
Dec 21 2001 // The London Insurance Community presented a check for $400,000 to the New York Firefighters’ 9-11 Disaster Relief Fund to help families of firefighters killed in the attack on the World Trade Center. The money was...
Nov 2 2001 // Underwriters at Lloyd’s of London and London Market insurance companies won an important reinsurance case recently when the New York Court of Appeals ruled that Travelers Casualty & Surety Company could not...
Oct 29 2001 // Lloyd’s of London, the world’s oldest and most visible insurer, has set about dealing with the aftermath of the terrorist attacks of Sept. 11. Two weeks after the event, it released its projected net loss...
Oct 1 2001 // The St. Paul Companies announced that its wholly owned subsidiary, St. Paul Fire and Marine Insurance Company, has completed the sale of Fidelity and Guaranty Life Insurance Company (F&G Life), a life, annuity and...
Sep 30 2001 // What did you know, and when did you know it?” Those questions from the Watergate era are increasingly being asked of the U.K.’s Financial Services Authority, which oversees the country’s insurance...
Sep 28 2001 // The most recent loss estimates from the attacks on the United States show the scope of the tragedy, as insurers in London, Canada, and Bermuda made estimates of their potential damage exposures. Lloyd’s Cox Insurance...
Sep 20 2001 // According to a report from Reuters News Agency, insurers in the London market, including Lloyd’s, have given the airlines they insure notice that coverage for war risks and terrorist attacks will no longer be...
Sep 11 2001 // Lloyd’s of London cleared its offices in the traditional financial center in the City of London following terrorist attacks on New York City and Washington, D.C. Reuters reported that the staff of other large...
Sep 4 2001 // Seattle-based SAFECO announced that Ralph Bailey has resigned as managing director of its London-based insurance subsidiary, R.F. Bailey (Underwriting Agencies) Ltd. In making the announcement, SAFECO reaffirmed its full...
Sep 3 2001 // What did you know, and when did you know it?” Those questions from the Watergate era are increasingly being asked of the U.K.’s Financial Services Authority, which oversees the country’s insurance...
Sep 3 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
Sep 3 2001 // Texas has a statute, section 21.02 of the Insurance Code, which makes insurance intermediaries the legal agents of carriers for many purposes. Lots of people believe producers are always the agents of insurers with respect...
Aug 29 2001 // A.M. Best Co. downgraded the financial strength rating of CNA Reinsurance Co. Ltd., London, to “B+ ” (Very Good) from “A-” (Excellent). The company remains under review with developing...
Aug 20 2001 // The decision on August 10th by the 7th Circuit Court of Appeals in favor of Lloyd’s and other London-based underwriters found them not liable for an additional $100 million in settlement payments arising from...
Aug 13 2001 // The St. Paul Companies finalized a definitive agreement to purchase London Guarantee Insurance Company for $80 million. The transaction is expected to close within three to five months, after regulatory approval has been...
Aug 9 2001 // Fiserv Inc. has acquired Catapult Technology Limited, a London-based provider of private banking, treasury management and international banking technology solutions and services. Terms of the agreement were not...
Aug 9 2001 // Eagle International Associates, an international network of insurance defense attorneys and claims adjusters throughout North America and Europe, has announced that it will be offering two unique conferences on the subject...
Aug 6 2001 // The St. Paul Companies has finalized a definitive agreement to purchase London Guarantee Insurance Company for $80 million. The transaction is expected to close within three to five months, after regulatory approval has...
Aug 6 2001 // Officials with Lloyd’s of London announced the names of the first-ever independent brokers in the U.S. to be accredited for direct access to the London-based insurance market.The historic selection of The Hanleigh...