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Moody’s Investor Services said it will take no immediate action on New Zealand and Australia issuers as a result of the Christchurch earthquake on Feb. 21 but that losses could hinge on whether this quake is considered a new event.
The upheaval in the Middle East is rattling political risk clients who are relying on rumors and sparse pieces of information to determine if they will be subject to losses in the region, according to brokers familiar with the risk.
This spring the Insurance Agents & Brokers (IA&B) will offer courses in “Navigating Contractual Liability & Certificates of Insurance” and “Insuring Contractors.”
Catlin U.S. said it has appointed Steven Ensign as director of the Direct Property Facultative Department for Catlin’s U.S. Reinsurance Operations in Hartford.
Welcome to Morning Minute, a 60 second or less podcast that gives you a preview of the breaking news we’re covering today, Feb. 24, on PropertyCasualty360.com.
Images of the devastation wrought by the earthquake that occurred in New Zealand on Feb. 22, 2011, show a scene of complete destruction and devastation.
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