Qatar Reinsurance Company Limited (Qatar Re) announced that the Dubai Financial Services Authority (DFSA) has granted the firm a license to operate in and from the Dubai International Financial Centre (DIFC), which became effective as of 22 November 2015. “The …
Ohio’s Transportation Network Company (TNC) bill, Sub. HB 237, is headed to Gov. John Kasich for his signature, according to the Ohio Insurance Institute. The insurance industry trade group has sent a letter to the governor in support of the …
A report from catastrophe modeling firm AIR Worldwide, describes Super Typhoon Melor, known locally as Nona, as having struck the Philippines on Monday, December 14, 2015, at around 3:00 UTC (11:00 a.m. local time) near Batag, Laoang, in the eastern …
The widow of a former Toledo, Ohio, mayor has filed a workers’ compensation suit saying he suffered an injury while working. Former Mayor D. Michael Collins suffered cardiac arrest while driving home from a press conference in February during a …
Allied World Assurance Company Holdings, AG announced the launch of “a new Global Crisis Management Division, which is comprised of Structured Trade Credit, Political Risk, Multi-Buyer Trade Credit & Product Recall, which will operate under the leadership of Todd Germano, …
A Wisconsin gun shop will pay $1 million to settle a lawsuit in which a jury found it negligently sold a gun used to injure two Milwaukee police officers, the store’s attorney said. The settlement eliminates what was expected to …
The European Union on Wednesday adopted new rules to make it easier to track jetliners, stepping up international efforts to prevent a repeat of the disappearance of a Malaysia Airlines jet with 239 people on board. The move is the …
Legislation advancing in Michigan’s Legislature is aimed at further shielding municipalities from lawsuits filed by people who trip and fall on sidewalks. The legislation, approved 55-51 by the House last week, lets cities defend themselves by saying a sidewalk defect …
Arthur J. Gallagher & Co. has acquired Centennial Insurance Agency LLC based in Pueblo, Colo. Terms of the deal were not disclosed. Mark Swanson, David Swanson, Doug Helzer, Tom Ratzlaff and their team will continue to operate in their current Colorado and New Mexico locations under the direction of James G. McFarlane, …
An insurer can’t depreciate labor in calculating the actual cash value (ACV) of an insured property in the event of a covered loss, Arkansas high court justices have determined. In an opinion delivered on Dec. 10, 2015, the Arkansas Supreme …