Commercial Lines

A major shareholder of British-based insurance broker Jardine Lloyd Thompson will increase its holdings in the firm and invest an additional $260 million to strengthen the firms independence, the brokerage says.

The risks being taken by students today make football look blas, says Shirl Hedges, underwriting manager for schools at Philadelphia Insurance Cos. On the activity list these days: survival weekends, rock climbing, bronco bull riding and flying to a field-trip destination in a parents private airplane.

Market conditions in the airline-insurance market are not expected to change, as the industry has demonstrated increasing attention to safety, according to Willis Group Holdings.

Pierre Wauthier has been named Zurich Financial Services Groups chief financial officer and member of the group executive committee.

The past few weeks have marked a number of memorable events for many of us living in the Northeast, offering us unforgettable experiences, some of which we would rather not have had.

Insurance leaders will gather in Atlanta to determine how to more effectively recruit the best and brightest into the business.