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Gustav downgraded again
Gustav is now quickly losing strength and has been downgraded to a tropical storm with winds of 60mph (95km/h), according to the Florida-based National Hurricane Center (NHC).
British Insurance launches new MPPI product
British Insurance has launched a new low-cost Mortgage Payment Protection Insurance product offering premiums for a 25 year old at £1.60.
Bahamas govt issues hurricane warning for Hanna
The government of the Bahamas has issued a hurricane warning as it faces Tropical Storm Hanna, the US National Hurricane Centre has reported.
Gustav makes landfall
Hurricane Gustav has arrived on the Louisiana coastline, the US National Hurricane Center has reported.
£9.4m contract to strengthen IMR
Scheduled improvements for the Insurers’ Market Repository will see the service double its speed and resilience and increase its capacity fivefold in line with projected volumes for the next four years. .
Lockton promotes within construction division
Lockton’s real estate and construction division has promoted Michael Lewis to the role of associate director
Highway subsidiary announces new deal
1st Quote, which is a trading style of Highway broking arm Hero Insurance Services, has been added to the Confused household panel.
AI appoints claims manager
AI Claims Solutions has appointed Steve Hunter to the position of claims manager.
RSA share price climbs 4.5%
Insurer RSA's share price has climbed over 4.5% today amid speculation in the press of a takeover bid.
Hurricane Gustav downgraded to Cat 2 hurricane
The US National Hurricane Center has downgraded Hurricane Gustav to a "Category 2" hurricane.
Self-employed are self-assured at success
RSA has released survey results which it said shows that a large number of self-employed business people are optimistic about their future, despite recent gloomy news regarding the UK's 0% economic growth.
Farm Web boss says it is ahead of schedule
Farm Web is on track to beat its business growth targets, according to its chief executive, Elaine Pyke.
Clarification: XL and Burma
Earlier this month Reinsurance Magazine reported that Bermudian-based insurer XL had pulled out of doing business in Burma after being named in a report by the Burma Campaign UK.
Heath Lambert wins train supplier contract
Heath Lambert has been appointed as broker to Alstom in the UK including West Coast Traincare.
Ace selects non-claims legal panel
Ace European Group has selected a panel of law firms to handle its non-claims work.
Finch flees Cunningham Lindsey for Crawford
Alex Finch has left Cunningham Lindsey to become managing director for Crawford and Company's national building services unit, with immediate effect.
Ifs offers certificate in long term care insurance
The IFS School of Finance will soon be offering a new qualification in long term care insurance.
Moorhouse creates role to boost growth
Moorhouse has created the new role of sales and marketing director and appointed Tim Larden to the post to oversee its "hypergrowth" strategy.
MMC linked with Benfield counter bid
US broking giant Marsh and McLennan is considering trumping Aon’s agreed £844m takeover deal for Benfield.
RMS: Gustav will be "critical test" of New Orleans flood defences
Hurricane Gustav could offer a "critical test" of whether New Orleans could handle such a powerful surge without being overwhelmed, as happened during Hurricane Katrina, RMS has claimed.
Bollington appoints ex-Aviva manager to head up arm
Bollington has appointed Chris Patterson as managing director of its wholesale operations.
Liberty gets new chief risk officer from Beazley
Liberty Syndicates said that it has appointed Jonathan Matthews as its new chief risk officer.
Legal & General double immediate cover
Legal & General has increased cover for its immediate protection cover facility from 30 to 60 days and has doubled business critical illness cover to £1million.