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23
10, 2015
Hurricane Patricia Targets Mexico; 400K People, Ports, Insurers at Risk
Hurricane Patricia, the strongest in the history of the Americas, prepared to barrel into Mexico’s Pacific coast Friday, sending guests fleeing hotels in the Puerto Vallarta resort area. About 400,000 people are considered “vulnerable,” civil protection official Jose Maria Tapia …
23
10, 2015
Cyber Sharing, Liability Bill Makes Progress in Senate
A long-delayed bill that would make it easier for corporations to share information about cyber attacks with each other or the government without fear of lawsuits advanced in the U.S. Senate on Thursday with support from members of both parties …
23
10, 2015
Everest National’s Koehler Named President of OneBeacon’s New Financial Institutions Unit
Kevin Koehler has joined OneBeacon Insurance Group as president of its new Financial Institutions business unit. In this new role, Koehler will lead a specialty team focused on professional liability, management liability and fidelity coverages targeting all classes of financial …
23
10, 2015
Percent Probability of L.A.-Area Earthquake: Study
There is a 99.9 percent chance of a magnitude-5 or greater earthquake striking within three years in the greater Los Angeles area, where a similar sized temblor caused more the $12 million in damage last year, according to a study …
22
10, 2015
Mertz Insurance Joins Valley Insurance Agency Alliance
Waterloo, Ill.-based Mertz Insurance Agency recently became the newest member of Valley Insurance Agency Alliance (VIAA), a network of nearly 100 independent insurance agencies in Missouri and Southern Illinois. Mertz Insurance Agency, owned by Christine Mertz, specializes in life, auto, home …
23
10, 2015
The Hilb Group Acquires Gentry Insurance of Florida
The Hilb Group, LLC (THG) has acquired Gentry Insurance Agency (GIA) Inc. GIA is an independent insurance agency located in Apopka, Fla. The transaction became effective October 1, 2015. As an independent agency, GIA represents multiple insurance companies offering insurance …
23
10, 2015
Roth Joins Insurance Wholesaler, Founders Professional, in Chicago
Insurance wholesaler, Founders Professional, has added Ryan Roth as a professional liability broker in the company’s new downtown Chicago office. Roth has nearly 10 years of professional liability experience. Prior to joining Founders, Roth was a professional liability broker with …
23
10, 2015
Cat 5 Patricia ‘Strongest Eastern North Pacific Hurricane on Record:’ NHC
Hurricane Patricia has strengthened into a Category 5 storm on the Saffir-Simpson scale, according to the National Hurricane Center in Miami, which is tracking the storm. The NHC’s latest bulletin said Patricia is the “strongest eastern North Pacific hurricane on …
23
10, 2015
Spain’s Insurance Market has Continued to Show Resilience: A.M. Best
Spain’s insurance market has continued to show resilience, with companies focusing on profitability as the country’s economy showed further signs of recovery, according to a new report from A.M. Best, entitled – “Sticking to the Basics Ensures Resilience of the …
23
10, 2015
Four Specialist M&A Underwriters Join Marketform to Write $77 Million Line
Specialist Lloyd’s underwriter Marketform has announced the appointment of four more Mergers & Acquisitions (M&A) Insurance specialists who will be based in their London office. The new underwriters – Dawn Bhoma, Katherine Cheung, Tanya Nash and John Kahn – are …