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Risk managers ranked FM Global first in handling claims in a recent Greenwich Associates survey, and FM Global was one of four winners of the 2010 Greenwich Claims Excellence Awards.

After surveying 683 U.S. corporate risk managers, Greenwich Associates announced the winners of its 2010 Claims Excellence Awards: FM Global, The Harford, Travelers, and Chubb.

W.R. Berkley Corp. named Douglas J. Powers as president and chief executive officer of Carolina Casualty Insurance Company.

Short Hills, N.J.-based insurance broker Bollinger Inc. said it has acquired David Szerlip and Associates of Berkeley Heights, N.J.

Corporate risk managers are generally dissatisfied with the level of service they get from both brokers and insurers, and very few of these insurance providers distinguish themselves in the marketplace, a consulting service survey found.

Corporate risk managers are generally dissatisfied with the level of service they get from both brokers and insurers, and very few of these insurance providers distinguish themselves in the marketplace, a consulting service survey found.

Retail brokers may start seeking larger cuts of the commissions paid out on surplus lines transactions as the soft market continues, a specialty lines insurance executive suggested recently.

Proposed legislation denying tax deductions for reinsurance premiums paid to offshore affiliates will likely pass through Congress, a Bermuda executive predicted recently, but he criticized the measure as a restriction of free trade.