Willis Re, the reinsurance brokerage division of Willis Group Holdings plc, announced that it has released the “Willis Re View of Catastrophe Risk.” The program offers an “enhanced approach to catastrophe risk modeling that enables insurers to more accurately measure, …
Ask truck drivers about the most important aspect of their job and chances are you will get the same answer: safety. Last year, about 78,000 total crashes were reported to the Minnesota Department of Public Safety. Of those reported, just …
The family of a sailor aboard the cargo ship that sunk in roiling seas whipped up by Hurricane Joaquin filed a $100 million lawsuit Wednesday against the vessel’s owner and captain. Willie Gary, a Jacksonville, Florida attorney representing the family …
The U.S. Occupational Safety and Health Administration is proposing penalties of $122,000 for a glass company after a worker in southeast Missouri suffered third-degree burns on the job. OSHA announced the proposed penalties on Oct. 14 for Piramal Glass USA …
The University of Wisconsin-Madison’s licensing arm is seeking $400 million from Apple Inc. for infringing the school’s patent on microprocessor technology. The Wisconsin Alumni Research Foundation is owed that much, its lawyer told the jury after it found Apple had …
Argo Pro, a member of Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, has expanded its line of professional and management liability insurance products with a new specialty insurance offering for investment advisers and …
ASSA Compañía Tenedora, S.A. and ASSA Compañía de Seguros (ASSA) will acquire 100 percent of American International Group’s Central American operations in El Salvador, Guatemala, Honduras and Panama in a share purchase agreement, the companies announced. The transaction is subject to regulatory approvals in …
The National Young Agents Committee (YAC) of the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) presented the Outstanding Young Agent of the Year award to Lisa Lemanski of the Young Agents Council of the Michigan …
Lawyers for a central Ohio megachurch and its former insurance company are squaring off in the Ohio Supreme Court over payment of $3.1 million settlement in a lawsuit over the alleged beating of a toddler at the church. The Columbus …
Wildfires that ignited this week in Texas’ Bastrop County have grown quickly, encompassing more than 4,300 acres. The Hidden Pines fire has burned thousands of acres in and around Bastrop’s two state parks and claimed 40 structures including many homes, according …