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11 11, 2015

Allianz Group’s AGCS Names Fellows Head of Market Management Canada

By | November 11th, 2015|Recent Articles|Comments Off on Allianz Group’s AGCS Names Fellows Head of Market Management Canada

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that Robert J. Fellows has been named head of market management for Canada, effective January 4, 2016. Based in Toronto, he will report directly to Ulrich Kadow, chief agent for …

11 11, 2015

New TWIA Board Conforms to 3-3-3 Provisions of SB 900

By | November 11th, 2015|Recent Articles|Comments Off on New TWIA Board Conforms to 3-3-3 Provisions of SB 900

The new board members of the Texas Windstorm Insurance Association must include three members who live in coastal counties, three members who live at least 100 miles from the coast, and three insurance industry representatives who write and renew windstorm …

12 11, 2015

Final Witness Called by Prosecution in Blankenship Trial

By | November 12th, 2015|Recent Articles|Comments Off on Final Witness Called by Prosecution in Blankenship Trial

The prosecution has called its final witness in the trial of former Massey Energy CEO Don Blankenship. FBI Special Agent James Lafferty was questioned by prosecutors and defense attorneys Tuesday in Charleston, W. Va., federal court. Lafferty is the federal …

10 11, 2015

Inclusion on List of Too-Big-to-Fail Insurers May Alter Business Strategy: Fitch

By | November 10th, 2015|Recent Articles|Comments Off on Inclusion on List of Too-Big-to-Fail Insurers May Alter Business Strategy: Fitch

A change to the list of globally systemically important insurers (G-SIIs) suggests the potential for being added to or removed from the list could play a significant role in setting strategy for some major insurers, according to Fitch Ratings. The …

10 11, 2015

CAL Insurance Adds Danfoura to Commercial Brokerage Team

By | November 10th, 2015|Recent Articles|Comments Off on CAL Insurance Adds Danfoura to Commercial Brokerage Team

CAL Insurance & Associates Inc. has named Fred H. Danfoura to its commercial brokerage team. Danfoura joins CAL in to increase the firm’s presence in the educational, nonprofit and investment real estate sectors. CAL is a full service insurance brokerage …

12 11, 2015

Zurich Insurance Plans to Replace CEO Senn: Swiss Magazine Report

By | November 12th, 2015|Recent Articles|Comments Off on Zurich Insurance Plans to Replace CEO Senn: Swiss Magazine Report

Zurich Insurance Group is seeking a replacement for Chief Executive Officer Martin Senn, according to Swiss business magazine Bilanz. Switzerland’s biggest insurance company has hired the London executive search firm MWM Consulting to conduct the search, Bilanz reported Thursday on its website, without …

10 11, 2015

Uber Wants To Set up Operations in Montana

By | November 10th, 2015|Recent Articles|Comments Off on Uber Wants To Set up Operations in Montana

The ridesharing company Uber has filed an application with Montana regulators for a license to operate in the state, starting a protest period for any motor carrier or member of the public to comment before the Public Service Commission makes …

10 11, 2015

Watkins Insurance Group Hires Williams as VP, Business Development

By | November 10th, 2015|Recent Articles|Comments Off on Watkins Insurance Group Hires Williams as VP, Business Development

Austin, Texas-based independent insurance agency, Watkins Insurance Group, has added Colin Williams as vice president of Business Development. Williams now joins 15 primarily commercial lines-focused producers at Watkins Insurance Group’s Austin headquarters. Collin has more than 20 years of experience …

10 11, 2015

RMS: Cat Bond Analysis Reveals Market Predictions of Price Bottom Are Optimistic

By | November 10th, 2015|Recent Articles|Comments Off on RMS: Cat Bond Analysis Reveals Market Predictions of Price Bottom Are Optimistic

Return relative to risk values for catastrophe bonds at current prices are actually higher in 2015 than they were last year, even though recent market commentary suggests that market prices have stabilized, according to research by RMS, the Newark, Calif.-based catastrophe risk …

10 11, 2015

Kingstone Approved to Write P/C Insurance in New Jersey

By | November 10th, 2015|Recent Articles|Comments Off on Kingstone Approved to Write P/C Insurance in New Jersey

Kingstone Companies Inc., a New York-domiciled multi-line property/casualty insurance holding company, announced that its subsidiary, Kingstone Insurance Company, was granted approval to write P/C insurance in New Jersey from the state’s Department of Banking and Insurance. The addition of New …