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09, 2015
A.M. Best: Sub-Saharan Re/Insurance Markets Attract Capacity Despite Challenges
Much has been said in recent years about the opportunities presented by the buoyant strides in economies across the African continent together with challenges that market participants have to overcome; the continent’s re/insurance industry is no exception, according to a new report …
24
09, 2015
Atlanta-Based AssureSign Adds George as GM of Global Insurance Solutions
Electronic signature software provider, AssureSign, has hired Dianna George to the newly-created position of general manager of Global Insurance Solutions. In her role, George will direct operations and support for AssureSign’s insurance industry customers, and will lead strategic business development …
23
09, 2015
Marsh, Munich Re Launch Life Sciences Business Interruption Coverage
Marsh and Munich Re have launched non-damage business interruption insurance (NDBI) product that combines risk transfer and consulting services to assist life sciences companies in managing the impact of regulatory actions imposed by the US Food and Drug Administration (FDA). …
24
09, 2015
Florida’s Broward County Pushes Back Vote on Ridesharing
Broward Count, Florida officials have had to delay a vote on the approval of ridesharing services such as Uber because a commission has not finished discussing amendments to the proposed rules. The Palm Beach Post reports that the Broward County …
23
09, 2015
Rhode Island Directs Insurers Using Price Optimization to Submit Revised Filings
Rhode Island’s Insurance Division issued a bulletin on Sept. 18 advising that any personal lines property/casualty insurer that uses price optimization to rate policies in Rhode Island should submit revised filings that remove such factors within 60 days after the …
24
09, 2015
Widow of Tennessee Man Who Died in Custody Sues for $1M
The wife of a man who died in custody at the Kingsport City Jail has filed a $1 million wrongful death suit. WJHL-TV reports Benjamin Honaker was arrested on Sept. 19, 2014, following a car crash. Officers said Honaker had …
23
09, 2015
Roach Howard Smith & Barton Launches Private Health Benefit Exchange
Dallas-based Roach Howard Smith & Barton announced it is now offering a private health benefit marketplace for businesses. The Assurex Global Private Exchange is a private marketplace platform that gives employers a range of administrative flexibility and employee health benefit …
23
09, 2015
Drought-Related Disaster Loans Available to 2 West Virginia Counties
Small businesses and private nonprofit organizations in two counties in West Virginia can apply for federal disaster loans for economic injury resulting from drought. The U.S. Small Business Administration’s economic injury disaster loans are available in Pendleton and Pocahontas for …
23
09, 2015
Deadline Looms in Virginia to Seek Disaster Loans for July Storm Damage
A deadline is looming for Virginia businesses, private nonprofits, homeowners and renters to seek disaster loans for physical damage caused by severe weather and flooding on July 5. The U.S. Small Business Administration says low-interest loans are available in Bland, …
23
09, 2015
Vanner Insurance Agency Acquires Edmund D. Stevens in New York
Vanner Insurance Agency, an independent agency based in Amherst, New York, announced that it recently boosted its marine insurance business by acquiring Buffalo, New York-based agency Edmund D. Stevens Inc. and its marine division, Stevens Marine Insurance Agency. Terms of …