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Current Marine Insurance News Today

AMB: Could it have been saved?
A former board director of American Marine Bank claims that its Jan. 29 closure was unnecessary, and AMB was a victim of the Federal Deposit Insurance Corporation's recent trend to target small banks that are struggling because of the real estate market downturn.

Fri, 12 Mar 2010 01:04:50 GMT

Despite recession, Hawaii companies finance employees' education
Romella Feliciano earned an MBA from Chaminade University while working full time for First Insurance Co.

Mon, 14 Sep 2009 07:00:00 GMT

RSA Acquires Renewal Rights to TrygVesta's Marine Portfolio
The UK's RSA Insurance Group announced that its Danish subsidiary Codan Forsikring A/S has acquired the renewal rights to TrygVesta's marine hull portfolio for DKK 50 million [app; 6 million - $9 million]. RSA said the transaction is in line with its "focus on targeted growth in Specialty lines and strengthens Codan's position as the third largest ...

Thu, 11 Mar 2010 13:49:42 GMT

'It's wonderful that we got this vehicle': Insurance details still being negotiated, says mayor
The Baie Verte Volunteer Fire Department has yet to receive any assistance from the provincial government to help them replace their fire hall and equipment, but what they have received from other fire departments has been remarkable.

Thu, 11 Mar 2010 08:17:00 GMT

RSA Ins Grp UK Regulatory Announcement: Acquisition
RSA acquires renewal rights to Marine portfolio from TrygVesta RSA Insurance Group plc today announces that its Danish subsidiary Codan Forsikring A/S has acquired the renewal rights to TrygVesta's marine hull portfolio for DKK 50m in cash.

Thu, 11 Mar 2010 09:16:34 GMT