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3 12, 2015

Tennessee Supreme Court Rejects Constitutionality Ruling on Damages Cap

By | December 3rd, 2015|Recent Articles|Comments Off on Tennessee Supreme Court Rejects Constitutionality Ruling on Damages Cap

The Tennessee Supreme Court has vacated the decision of a trial court that ruled a state law putting a cap on certain personal injury damages is unconstitutional. The decision stems from a negligence lawsuit brought by Donald and Beverly Clark …

3 12, 2015

North Carolina Judge Rejects 13-Year-Old’s Climate Change Challenge

By | December 3rd, 2015|Recent Articles|Comments Off on North Carolina Judge Rejects 13-Year-Old’s Climate Change Challenge

A judge has ruled against a 13-year-old girl who took North Carolina to court over climate change, but the eighth-grader says she’ll continue to fight for environmental protections. The News & Observer of Raleigh reports Hallie Turner learned Nov. 25 …

3 12, 2015

Disaster Loans Offered to West Virginia Businesses Impacted by Weather

By | December 3rd, 2015|Recent Articles|Comments Off on Disaster Loans Offered to West Virginia Businesses Impacted by Weather

Small businesses in West Virginia that have been impacted by bad weather may be able to get financial assistance from the federal government. The U.S. Small Business Association says economic injury disaster loans are available for certain small businesses, small …

3 12, 2015

J. Smith Lanier Announces Stock Merger with Alabama’s Rogers, Parker & Associates

By | December 3rd, 2015|Recent Articles|Comments Off on J. Smith Lanier Announces Stock Merger with Alabama’s Rogers, Parker & Associates

J. Smith Lanier & Co., an independent insurance brokerage firm, has announced a stock merger with Rogers, Parker & Associates, Inc., of Florence, Ala., effective December 1, 2015. Rogers, Parker & Associates, Inc. traces its origin to 1898 when agency …

3 12, 2015

Kinsale Insurance Forms Inland Marine Division

By | December 3rd, 2015|Recent Articles|Comments Off on Kinsale Insurance Forms Inland Marine Division

Kinsale Insurance Company has formed a new Inland Marine Division. Havis Wright recently joined Kinsale as the division manager named to lead the effort. Kinsale’s initial underwriting focus is on the inland marine classes found within the construction, mobile equipment, …

3 12, 2015

XL to Sell $22B of Life Policies to RGA, as CEO McGavick Narrows Focus on P&C

By | December 3rd, 2015|Recent Articles|Comments Off on XL to Sell $22B of Life Policies to RGA, as CEO McGavick Narrows Focus on P&C

XL Group Plc agreed to sell about 290,000 life insurance policies at a loss to Reinsurance Group of America Inc. as Chief Executive Officer Mike McGavick narrows his company’s focus to property & casualty coverage after buying Catlin Group Ltd. The deal …

3 12, 2015

Business Losses in India’s Flood-Ravaged Chennai Could Top $2.2 Billion

By | December 3rd, 2015|Recent Articles|Comments Off on Business Losses in India’s Flood-Ravaged Chennai Could Top $2.2 Billion

As the flood-ravaged Indian city of Chennai prayed for respite from torrential rains, a trade body said losses to businesses from the record downpour could reach more than 150 billion rupees ($2.2 billion). Water discharged from overflowing lakes and reservoirs …

2 12, 2015

U.S. Risk Insurance Group Acquires Matias Underwriters in Boston

By | December 2nd, 2015|Recent Articles|Comments Off on U.S. Risk Insurance Group Acquires Matias Underwriters in Boston

U.S. Risk Insurance Group Inc., a managing general agency and surplus lines wholesaler based in Dallas, announced that it has acquired Matias Underwriters LLC in Boston. Terms of the transaction were not disclosed. Matias Underwriters is a workers’ compensation program …

2 12, 2015

Hub International Acquires Illinois-Based Forest Financial Group Assets

By | December 2nd, 2015|Recent Articles|Comments Off on Hub International Acquires Illinois-Based Forest Financial Group Assets

Chicago-based global insurance broker, Hub International Limited (Hub), has acquired the assets of Forest Financial Group Inc. (FFG). Terms of the acquisition were not disclosed. Based in Lake Forest, Ill., FFG specializes in employee benefits consulting. FFG was founded in 1998 …

2 12, 2015

Klestinski Named VP – Specialty Lines at SECURA

By | December 2nd, 2015|Recent Articles|Comments Off on Klestinski Named VP – Specialty Lines at SECURA

SECURA Insurance, headquartered in Appleton, Wis., hired Kevin Klestinski as vice president – Specialty Lines Underwriting to lead this fast growing line of business for the company. Klestinski has more than 24 years of experience in the insurance industry. Prior …