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16 09, 2015

Mississippi Insurance Commissioner to Run Unopposed in November

By | September 16th, 2015|Recent Articles|Comments Off on Mississippi Insurance Commissioner to Run Unopposed in November

State election officials removed the Reform Party candidate for Mississippi insurance commissioner from the Nov. 3 ballot, saying it was impossible to know whether he had lived in the state long enough to run. The decision leaves Republican Mike Chaney …

The article Mississippi Insurance Commissioner to Run Unopposed in November appeared first on Insurance Journal.

16 09, 2015

Berkshire Hathaway Specialty Adds Inland Marine Insurance Products

By | September 16th, 2015|Recent Articles|Comments Off on Berkshire Hathaway Specialty Adds Inland Marine Insurance Products

Berkshire Hathaway Specialty Insurance (BHSI) has launched a full line of inland marine insurance products in the U.S., including builder’s risks, contractor’s equipment, installation floaters, inland transit, motor truck cargo, warehouse legal liability and miscellaneous floaters. According to John Evans, …

The article Berkshire Hathaway Specialty Adds Inland Marine Insurance Products appeared first on Insurance Journal.

16 09, 2015

Hiscox Merges Casualty Reinsurance Teams; Pascall Leads New Team

By | September 16th, 2015|Recent Articles|Comments Off on Hiscox Merges Casualty Reinsurance Teams; Pascall Leads New Team

Hiscox has merged its Bermuda and London Market casualty reinsurance teams. The new division, operating under the Hiscox Re brand, and led by Nick Pascall as head of Casualty Reinsurance, controls a combined portfolio of US$50 million gross written premiums …

The article Hiscox Merges Casualty Reinsurance Teams; Pascall Leads New Team appeared first on Insurance Journal.

4 09, 2015

Oregon Court Rules Fraternity Can Be Sued by Rape Victim

By | September 4th, 2015|Recent Articles|Comments Off on Oregon Court Rules Fraternity Can Be Sued by Rape Victim

The Oregon Court of Appeals has ruled that an Oregon State University fraternity can be held liable for failing to shield a rape victim from harm. The Oregonian reported that the court ruled Wednesday that the woman can go forward …

The article Oregon Court Rules Fraternity Can Be Sued by Rape Victim appeared first on Insurance Journal.

16 09, 2015

No Competing Offers to EXOR Deal Received by PartnerRe

By | September 16th, 2015|Recent Articles|Comments Off on No Competing Offers to EXOR Deal Received by PartnerRe

PartnerRe Ltd., the reinsurer that agreed to a takeover by Italy’s EXOR SpA in August, said the period to contact other potential bidders has ended with no other offers. “None of the third parties contacted during this process provided a proposal or …

The article No Competing Offers to EXOR Deal Received by PartnerRe appeared first on Insurance Journal.

2 09, 2015

Kingstone OK’d to Write P/C Insurance in Texas

By | September 2nd, 2015|Recent Articles|Comments Off on Kingstone OK’d to Write P/C Insurance in Texas

Kingstone Companies Inc., a multi-line regional property/casualty insurance holding company based in New York, announced that its subsidiary, Kingstone Insurance Co., has received approval from the Texas Department of Insurance to write P/C insurance in Texas. In addition to New …

The article Kingstone OK’d to Write P/C Insurance in Texas appeared first on Insurance Journal.

16 09, 2015

Germany’s Talanx Invests in Renewable Energy to Counter Low Interest Rates

By | September 16th, 2015|Recent Articles|Comments Off on Germany’s Talanx Invests in Renewable Energy to Counter Low Interest Rates

Talanx AG, the German insurance company buying into its first offshore wind farm, said it’s likely to purchase more renewable-energy assets. The insurer sees renewables as offering “long-term, bigger yields than from assets such as state bonds,” Chief Financial Officer Immo Querner …

The article Germany’s Talanx Invests in Renewable Energy to Counter Low Interest Rates appeared first on Insurance Journal.

4 09, 2015

New Mexico County Declares Disaster after Storm

By | September 4th, 2015|Recent Articles|Comments Off on New Mexico County Declares Disaster after Storm

The San Juan County Commission in New Mexico has declared a state of disaster following a violent storm that swept through Aztec and caused what officials estimate is more than $1 million in damage. The Daily Times reported the commission …

The article New Mexico County Declares Disaster after Storm appeared first on Insurance Journal.

16 09, 2015

RSA Promotes Middle to Role of Global Telematics Partnering Director

By | September 16th, 2015|Recent Articles|Comments Off on RSA Promotes Middle to Role of Global Telematics Partnering Director

London-based RSA announced it has promoted Paul Middle to the role of global telematics partnering director. Effective immediately, Middle will be responsible for growing RSA’s telematics portfolio globally across both personal and commercial lines, working with the company’s core regions …

The article RSA Promotes Middle to Role of Global Telematics Partnering Director appeared first on Insurance Journal.

2 09, 2015

R.I. AG Sues Health Insurance Commissioner Over 10% Blue Cross Rate Hike

By | September 2nd, 2015|Recent Articles|Comments Off on R.I. AG Sues Health Insurance Commissioner Over 10% Blue Cross Rate Hike

Rhode Island’s attorney general has sued the state’s health insurance commissioner for allowing Blue Cross Blue Shield of Rhode Island to hike premiums for some residents 10 percent. Attorney General Peter Kilmartin says even though Insurance Commissioner Kathleen Hittner pared …

The article R.I. AG Sues Health Insurance Commissioner Over 10% Blue Cross Rate Hike appeared first on Insurance Journal.