The U.S. workers’ compensation market saw solid gains in 2014, thanks in part to premium increases and favorable claims frequency. This was the fourth consecutive year in which the industry reported improved results, A.M. Best said in a report. The …
World Insurance Associates LLC, an independent agency based in Tinton Falls, New Jersey, has hired Cathy Saporito as senior vice president, head of Personal Lines. Saporito joins World Insurance Associates from AIG, where she was senior business development manager for …
The death toll rose to six in Texas as more bodies were recovered on Oct. 31 after another band of strong storms and heavy rain spawned three tornadoes and dangerous flooding in the waterlogged state. It was the second day …
New York private equity firm Odyssey Investment Partners has completed its acquisition of specialty insurance brokerage Integro Ltd. Financial details of the investment were not disclosed. Integro said its management team led by William Goldstein, John Sutton, Toby Humphreys and …
The US and British governments will hold a joint exercise to test cyber security and information sharing arrangements involving global financial institutions, according to the UK National Computer Emergency Response Team (CERT). The initiative will not be a “war game” involving live …
The death toll rose to six in Texas as more bodies were recovered on Oct. 31 after another band of strong storms and heavy rain spawned three tornadoes and dangerous flooding in the waterlogged state. It was the second day …
Marsh has enhanced its Side A directors & officers (D&O) difference in conditions (DIC) cover Marsh Alpha in response to the new and emerging legal and regulatory risks facing directors and officers. The enhanced coverage now includes broad investigation cover, …
A homeowner at the Four Seasons Resort Hualalai in Hawaii is suing the resort and its developers, alleging he and others have been subjected to an unfair raise in prices and overcrowded facilities. The suit filed by Christopher Zyda seeks …
Oil and gas industry restrictions meant to decrease the frequency and intensity of earthquakes in south-central Kansas will remain in place until at least March 2016, state regulators have decided. The Kansas Corporation Commission issued an order extending limits on …
A lawsuit has been filed over a Louisville traffic school run by the Jefferson County Attorney’s office on the heels of a judge ruling that it is unconstitutional. WDRB-TV reports Matthew Vaughn sued for a refund of the $179 he …