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28 07, 2015

West Virginia’s Historic Harpers Ferry Devastated by Fire

By | July 28th, 2015|Recent Articles|Comments Off on West Virginia’s Historic Harpers Ferry Devastated by Fire

The commercial area in historic Harpers Ferry, W. Va., was devastated July 23 when a fire destroyed a building that housed at least a half dozen businesses, Mayor Gregory Vaughn said. He said a long building that extended from one …

The article West Virginia’s Historic Harpers Ferry Devastated by Fire appeared first on Insurance Journal.

27 07, 2015

Fiat Chrysler Recall Highlights Cyber Risks of Connected Cars, Telematics

By | July 27th, 2015|Recent Articles|Comments Off on Fiat Chrysler Recall Highlights Cyber Risks of Connected Cars, Telematics

Fiat Chrysler will recall 1.4 million vehicles in the United States to install software to prevent hackers from gaining remote control of the engine, steering and other systems in what federal officials said was the first such action of its …

The article Fiat Chrysler Recall Highlights Cyber Risks of Connected Cars, Telematics appeared first on Insurance Journal.

27 07, 2015

China Minsheng Investment to Acquire White Mountains’ Sirius for $2.2B

By | July 27th, 2015|Recent Articles|Comments Off on China Minsheng Investment to Acquire White Mountains’ Sirius for $2.2B

White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of China Minsheng Investment Corp. The price for the reinsurer will be 127 percent of shareholders’ equity, plus $10 million, White Mountains said Monday in …

The article China Minsheng Investment to Acquire White Mountains’ Sirius for $2.2B appeared first on Insurance Journal.

28 07, 2015

Miami Agent Arrested for Stealing More than $80K from Clients

By | July 28th, 2015|Recent Articles|Comments Off on Miami Agent Arrested for Stealing More than $80K from Clients

The Florida Department of Financial Services’ Division of Insurance Fraud has announced the arrest of Mandy Rodriguez, 35, on felony fraud and grand theft charges after an investigation revealed that Rodriguez, a licensed insurance agent, allegedly stole more than $80,000 …

The article Miami Agent Arrested for Stealing More than $80K from Clients appeared first on Insurance Journal.

28 07, 2015

Ironshore Launches Umbrella Coverage up to $5M for High Value Homeowners

By | July 28th, 2015|Recent Articles|Comments Off on Ironshore Launches Umbrella Coverage up to $5M for High Value Homeowners

Ironshore Personal Lines is now offering a new umbrella program for high net worth homeowner insureds, with properties valued in excess of $1 million, as complementary liability coverage for losses due to unforeseen legal actions. Ironshore Personal Lines’ umbrella program …

The article Ironshore Launches Umbrella Coverage up to $5M for High Value Homeowners appeared first on Insurance Journal.

27 07, 2015

Movie Theaters Balk at Security Checks Following Shootings

By | July 27th, 2015|Recent Articles|Comments Off on Movie Theaters Balk at Security Checks Following Shootings

American high school students walk through metal detectors each day. The Metropolitan Opera in New York searches the bags and purses of patrons each night, and air travel involves long lines and security checks. But the nation’s movie theaters are …

The article Movie Theaters Balk at Security Checks Following Shootings appeared first on Insurance Journal.

27 07, 2015

Compass Specialty Risk Ramos as Vice President of Transportation

By | July 27th, 2015|Recent Articles|Comments Off on Compass Specialty Risk Ramos as Vice President of Transportation

Compass Specialty Risk Insurance Services LLC has named Desi Ramos vice president of transportation and practice leader. Ramos will spearhead the new office in Sacramento, Calif. Ramos has experience in the wholesale marketplace, most recently as transportation broker at Hull …

The article Compass Specialty Risk Ramos as Vice President of Transportation appeared first on Insurance Journal.

27 07, 2015

Massachusetts Senate OKs Bill to Prep for Changing Environment

By | July 27th, 2015|Recent Articles|Comments Off on Massachusetts Senate OKs Bill to Prep for Changing Environment

The Massachusetts Senate has approved a bill supporters say will help the state better adapt to a changing environment while encouraging the growth of solar energy. The bill, which passed the Senate July 23, would require the state to establish …

The article Massachusetts Senate OKs Bill to Prep for Changing Environment appeared first on Insurance Journal.

27 07, 2015

Senate Moves Export Import Renewal with Transportation Funding

By | July 27th, 2015|Recent Articles|Comments Off on Senate Moves Export Import Renewal with Transportation Funding

The Senate advanced a proposal to extend the U.S. Export-Import Bank’s charter as part of legislation to finance highways and mass transit for three years. The 67-26 vote during an unusual Sunday session moves forward the Senate’s effort to pass …

The article Senate Moves Export Import Renewal with Transportation Funding appeared first on Insurance Journal.

27 07, 2015

Hiscox Delivers H1 Pre-Tax Profit of £135.1M, Up From £124.6M in H1 2014

By | July 27th, 2015|Recent Articles|Comments Off on Hiscox Delivers H1 Pre-Tax Profit of £135.1M, Up From £124.6M in H1 2014

Hiscox, the Bermuda-based specialist insurer, delivered a pre-tax profit of £135.1 million* ($205.2 million) in the first half ending June 30, 2015, compared with £124.6 million ($189.3 million) during the same period in 2014. Gross written premiums for the six-month …

The article Hiscox Delivers H1 Pre-Tax Profit of £135.1M, Up From £124.6M in H1 2014 appeared first on Insurance Journal.