Leaders in Stillwater, Okla., approved new rules for oil and gas drilling within the city to the disappointment of industry representatives. A.J. Ferate, vice president of regulatory affairs at the Oklahoma Independent Petroleum Association, said the City Council’s approval of …
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Universal Insurance Holdings Inc. in Fort Lauderdale, Florida, announced on July 21 that its wholly-owned subsidiary Universal Property & Casualty Insurance Company (UPCIC) received a certificate of authority from the Virginia State Corporation Commission approving UPCIC as a licensed insurance …
The article Universal Property & Casualty Approved as Licensed Insurance Entity in Va. appeared first on Insurance Journal.
JLT Re, the London-based reinsurance broker and consultancy, announced it is continuing to develop and diversify its Programs and Binding Authority Division with three new appointments. Mark Sleet has joined from Miller where he specialized in casualty business; Sleet has …
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Specialist insurer Beazley today launched Expatriate Medical and Emergency Evacuation, a new tailored insurance solution for Australian employees who live and work overseas. The product combines elements of both health and travel insurance to provide comprehensive coverage for expats based …
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Allied World Assurance Company Holdings, AG has reported net income of $9.5 million, or $0.10 per diluted share, for the second quarter of 2015 compared to net income of $151.9 million, or $1.52 per diluted share, for the second quarter …
The article Allied World Reports Decreases in Q2 Net and Operating Income appeared first on Insurance Journal.
International General Insurance Holdings Company (UK) announced it has appointed Stuart Elliot as Political Violence Underwriter based in the London office. He joins IGI from Ace European Group, where he was a Terrorism and Political Violence Underwriter. Prior to that, …
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London is importing climate-related risks through investments, insurers and supply chains, according to a new report that details dangers posed to the UK capital by global warming beyond the physical effects. More than half of FTSE 100 companies and 60 …
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As Nestle SA slugs it out with India’s food regulator over the amount of lead in its popular Maggi instant noodles, the dispute is whipping up business for insurers. The local unit of American International Group Inc. is predicting a …
The article India’s Product Recalls Bring New Business for Insurers Such as AIG, Allianz appeared first on Insurance Journal.
Crawford & Company has named Dan Daniel as vice president, U.S. Property & Casualty client development. He formerly served as vice president of Catastrophe Services for U.S. Property & Casualty for the company. Daniel reports to Larry Thomas, CEO, U.S. …
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The North Carolina Department of Public Safety says its Division of Adult Correction has reached a $2.5 million settlement with the estate of a man with mental illness who died of thirst after being held in solitary confinement for 35 …
The article North Carolina Settles Inmate Death Lawsuit for $2.5M appeared first on Insurance Journal.