Sirius replacementInsurance software specialist Sirius has confirmed that its non-executive director Mike Anstee has replaced Ian Bullen as chief executive of Solutions at Sirius. The company said this was a temporary position while it found a permanent replacement.
St Paul settlesSt Paul Travelers has agreed to pay $90m to settle a group of lawsuits related to its coverage of asbestos producer Johns-Manville Corporation, said a report. Under the terms of the settlement, claimants allegedly injured by Manville products who filed direct actions against Travelers Property casualty will share a $70m fund set up by the insurer.
Lift industry coverCamberford law has developed a specialist insurance scheme for organisations involved in the lift and escalator insurance industry. It said the cover would be available for lift and escalator engineers, installers and manufacturers on competitive terms. The product range includes public and product liability, employers' liability, legal expenses helpline, engineering, and building contents and machinery.
Bell gets CEA chairRoyal & SunAlliance technical manager Philip Bell has been appointed as chairman of the Comité Européen des Assurances (CEA) general liability committee. Bell previously chaired the CEA's environmental liability subcommittee.
Endurance ratingsThe ratings for Bermuda-based Endurance Speciality Insurance remain unaffected by the announcement of capital management initiatives by its parent company Endurance Speciality Holdings, said AM Best. Endurance Speciality Insurance has an A (excellent) financial strength rating with a stable outlook.