Berkshire Hathaway Specialty Insurance (BHSI) announced it is expanding its capabilities in Europe to underwrite downstream energy property insurance and has named Tom Macfarlane to lead this business segment. “This is a significant step in continued build-out of our overall …
Judy Hein, 71, of Oxnard, Calif., was arraigned on five felony counts of insurance fraud after allegedly underreporting payroll for her Simi Valley roofing business by over $4 million, resulting in more than a $2 million loss to the State …
Cinven, an international private equity firm, and British Columbia Investment Management Corp. (BCI), one of Canada’s largest institutional investors, announced they have reached an agreement to acquire Compre, a specialist global consolidator of closed books of non-life insurance policies, from …
Arthur J. Gallagher & Co. has acquired Wayne, Penn.-based JP Warner Associates Inc., doing business as Warner Benefits. Terms of the transaction were not disclosed. Founded in 1997, JP Warner Associates is a traditional employee benefits consultant with offices in …
American Family Insurance has chosen home renovation duo Drew and Jonathan Scott, the twin stars of HGTV’s “Property Brothers,” as the company’s newest brand ambassadors. The Scott brothers and American Family “share a passion for the places we call home. …
Westminster American Insurance Company (WAIC) has hired David Whelan as vice president of underwriting. In this new role, Whelan brings 31 years of commercial lines experience to the team. He joins WAIC from GNY Insurance Companies, where he was a …
A minor earthquake was registered Sunday in Massachusetts in roughly the same area where a more significant one struck earlier this month, the U.S. Geological Survey said. The agency’s National Earthquake Information Center reported a magnitude 2.0 earthquake about five …
New Mexico authorities will be cracking down on drunken drivers throughout the month of December. State police issued the warning this week, saying sobriety checkpoints will be set up around the state. Officers also will be asking for driver’s licenses, …
A lawsuit against a long-term care facility in Whitefish, Mont., has been amended to add claims that it was part of a multi-state network of facilities that enriched corporate owners while residents received negligent care. The lawsuit was initially filed …
Reinsurance rates are likely to rise in the double-digit percentage point range at key contract renewals in January, Denis Kessler, chairman and chief executive of the French reinsurer SCOR, said on Wednesday. SCOR, one of the world’s largest reinsurers, has …