The Florida Office of Insurance Regulation announced today that it has approved the removal of up to 279,357 personal residential policies and 1,500 commercial residential polices from Citizens Property Insurance Corporation by the following seven companies: Anchor Property & Casualty …
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The Roman Catholic Archdiocese of Milwaukee would pay $21 million to more than 300 victims of clergy abuse in a settlement plan decried by advocates for those abused by clergy as paltry but praised by the archbishop as a “rebirth.” …
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J.M. Wilson has promoted Robyn Shepherd to property/casualty underwriter in the wholesale insurance broker’s Carmel, Ind., office. In her new role, Shepherd will quote new and renewal property/casualty risks, and serve independent insurance agents in Indiana. Previously, she served as surety …
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Chesapeake Employers’ Insurance Company, the largest writer of workers’ compensation insurance in Maryland, announced the appointment of Charles Dankmeyer as chairman of the Board after having served as vice chairman and member since 2008. Dankmeyer succeeds Lewis C. Powell, who …
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Drugmaker GlaxoSmithKline closed its North Carolina factory on Tuesday after testing at a cooling tower found bacteria that causes deadly Legionnaire’s disease, a company spokeswoman said. The Legionella bacteria was discovered during routine inspections at the site in Zebulon, N.C., …
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Federal prosecutors say a Providence, Rhode Island, landlord admitted to setting fire to an occupied building he owned in a scheme to collect insurance payments. Rony Metellus pleaded guilty Monday to one count of defrauding an insurance company. Prosecutors say …
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Departing Travelers Insurance CEO Jay Fishman and his designated successor, Alan Schnitzer, insist that that the change won’t be wrenching, and that the property/casualty insurance giant will experience a smooth transition. The Travelers Companies announced on Aug. 4 that Fishman …
The article Incoming, Outgoing Travelers CEOs See Smooth Transition, Talk M&A appeared first on Insurance Journal.
Union Insurance Group, a Chicago-based commercial insurance agency specializing in property/casualty and professional liability products for labor organizations, announced that it has acquired The McLaughlin Company, an insurance agency in Rockville, Maryland. Terms of the transaction were not disclosed. “We …
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The Main Street America Group announced the introduction of Main Street Protection Auto, its new private passenger auto insurance program for Virginia via its statewide network of independent insurance agents. Product highlights include 20 different types of discounts and a …
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DeSoto County supervisors want the Corps of Engineers to coordinate a unified flood-prevention effort. Letters from the board seek to get the Vicksburg and Memphis districts in the same boat with DeSoto and its North Mississippi neighbors to identify “escalating …
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