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16
10, 2015
Argo Pro Launches Coverage for Investment Advisers, Mutual Funds
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 …
16
10, 2015
AIG to Sell Central American Operations to ASSA
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 …
16
10, 2015
Michigan Agent Named Big ‘I’ Young Agent of the Year
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 …
15
10, 2015
Ohio Megachurch, Insurer Disputing Payment of Lawsuit Settlement
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 …
16
10, 2015
40 Structures Burned so Far in Central Texas Fires
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 …
16
10, 2015
Aspen Estimates Tianjin Explosion to Cost $30 Million; Nat Cats Total $20 Million
Bermuda-based Aspen Insurance Holdings Limited estimates its Aspen Re subsidiary lost approximately $50 million from the August 12 explosion in the Port of Tianjin, China, and natural catastrophes during the third quarter of 2015. Approximately $30 million of these total …
16
10, 2015
BrokersLink Partners with 10 New Members, Launches New Product Strategy
Brokerslink, a global independent brokering company, has signed 10 new members and launched a customized products strategy at its 2015 global conference in New York. These new brokers and specialist resources members bring the total to 85 operating in over …
15
10, 2015
Wisconsin Gun Shop Ordered to Pay Millions to Injured Police Officers
A jury has ordered a gun shop to pay nearly $6 million in a lawsuit filed by two Milwaukee, Wis., police officers who were seriously wounded when shot by a gun purchased at the store. Jurors ruled that Badger Guns …
16
10, 2015
Wal-Mart Sues Insurers for Alleged Breach of Contract in Morgan Settlement Case
Wal-Mart Stores Inc. recently filed a lawsuit against a number of its commercial excess liability insurers. The lawsuit alleges that the insurers are delaying to pay claims related to the giant retailer’s personal injury settlement paid to actor Tracy Morgan …
15
10, 2015
Vanderbilt Properties Insurance Brokerage Hires Correll as VP in New York
Vanderbilt Properties Insurance Brokerage, a New York City-based national program administrator and brokerage for the real estate industry, hired Kim Correll as vice president of New Business Development. In her new role, Correll will be responsible for the oversight of …