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Highway boss resigns

Highway Insurance this morning announced that Andrew Gibson, chief executive officer, has resigned wi...

Bruce Stevenson acquires Glasgow broker

Edinburgh-based Bruce Stevenson, one of Scotland’s largest insurance brokers, has made its seventh acquisition in as many years by taking over Glasgow insurance broker Downes Cameron.

Cox: offer update

The Cox acquisition vehicle Fieldstreet today announced that by 9.00 am on 24 June 2005, it had received valid acceptances of 90.44% of the motor insurance specilaist’s shares. The offer will remain open until further notice.

Saga in major travel insurance push

Saga has launched annual travel insurance to cater for the increasing number of over-50s in the UK who frequently travel abroad.  

AA outsourcing decision

The AA, Britainís biggest home and car insurance broker, is to invest in new IT and telephony systems for its two UK insurance call centres, after ruling out offshoring parts of the business.

OFT report - ABI calls for action on legal costs

The Association of British Insurers has welcomed the Office of Fair Trading's recognition of the insurance industry's efforts in its reveiw into the competitiveness of the liability insurance market but called for moves to reduce the level of legal and…

Connecticut AG confirms finite risk subpoenas

Connecticut’s State Attorney General Richard Blumenthal has said he has issued subpoenas to 18 companies in recent months in a widening investigation into whether a type of insurance was used to manipulate earnings.

OFT liability report fudges ATE

The volunteering and equestrian sectors have been identified as two areas in need of further investigation with regards to the availability of liability insurance, reports Jonathan Swift. This is one of the points identified by the Office of Fair Trading…

AIG names comptroller

American International Group (AIG) has named David Herzog as comptroller and Robert Gender as treasurer.

Corvus drops RSA takeover

Corvus Capital, the takeover vehicle of financier Andrew Regan, confirmed it has abandoned tentative...

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