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08, 2016
ANV Global Services Raises Capacity for M&A Insurance
ANV Global Services Ltd, the international managing general underwriter (MGU) of global specialty insurance group ANV, has today announced an increase in its Lloyd’s underwriting capacity for mergers and acquisitions insurance. The line will now offer a limit of €40 …
27
07, 2016
West Virginia Offering Millions in Minigrants to Flood-Damaged Businesses
The state is making millions of dollars in minigrants available for small businesses damaged by deadly floods last month. Gov. Earl Ray Tomblin announced Monday that grants up to $10,000 will be awarded to small businesses through the RISE West …
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08, 2016
EPIC Sells Northern California Office to InterWest
EPIC Insurance Brokers & Consultants has sold its Petaluma, Calif. branch office and its book of business to Sacramento-based InterWest Insurance Services. The deal closed on July 31. Terms were not disclosed. EPIC is a retail property/casualty and employee benefits …
28
07, 2016
CNA’s Tatum Named Head of AXIS Insurance’s U.S. Programs
John Tatum has joined AXIS Insurance as executive vice president and head of U.S. Programs. In this new position, he is responsible for all programs and binding authorities for AXIS Insurance across the U.S. market. Tatum reports directly to Carlton …
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07, 2016
Generali Q2 Net Income Falls 6% on Low Interest Rates & Volatile Equity Markets
Assicurazioni Generali SpA, Italy’s biggest insurer, said second-quarter profit fell 6 percent as low interest rates and volatile equity markets hurt investment gains. Net income declined to 590 million euros ($654 million) from 626 million euros a year earlier, the …
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07, 2016
POWERS Insurance Promotes Simkins to Commercial Account Manager
POWERS Insurance and Benefits, headquartered in St. Louis, Mo., has promoted Amy Simkins to commercial account manager. Simkins will assist the company’s producers when pursuing new business avenues, as well as serving existing clientele. She previously served as POWERS Insurance and …
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07, 2016
QBE to Supply General Insurance Products for Manulife Customers in Hong Kong
Manulife (International) Ltd. and QBE Hongkong & Shanghai Insurance Ltd. have formed an exclusive distribution agreement whereby QBE will supply general insurance products in Hong Kong for distribution through Manulife’s agents. Designed to complement Manulife’s life, pensions and wealth management …
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07, 2016
QBE North America Names Lange Senior VP, Regional Executive for Midwest
QBE North America has appointed Jeff Lange as senior vice president, regional executive – Midwest region. He is based in Chicago. Lange will lead QBE’s go-to-market activities in the 13-state region consisting of Iowa, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, …
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07, 2016
Hazard Warnings: Who Should Be Warned to Do What and When?
A group of risk experts is proposing a new framework to improve the effectiveness of public warnings when a hurricane, wildfire, toxic chemical spill or any other environmental hazard threatens safety. Right now, “the potential for errors is high” when …
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07, 2016
Louisiana Recovers More Than $3.7M for Insurance Consumers
Louisiana consumers have received more than $3.7 million in recovered funds from their insurance companies in the first half of the year thanks to assistance from the Louisiana Department of Insurance (LDI). “Over the last five years, we have been …