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11
09, 2015
Florida-Based Prepared Holdings to be Acquired by Meridian
Prepared Holdings, LLC, the holding company for Prepared Insurance Co., has entered into a definitive merger agreement with Meridian Insurance Holdings, Inc., a private investment group, under which Prepared will be acquired by Meridian. It is anticipated that Meridian will …
The article Florida-Based Prepared Holdings to be Acquired by Meridian appeared first on Insurance Journal.
11
09, 2015
NYC Credit Unions Face Risks From Taxi Industry Woes
New York credit unions that have run up large exposures to the city’s iconic yellow cabs are facing a sharp increase in loan losses after a judge threw out a legal challenge to ride-hailing service Uber Technologies Inc. Four credit …
The article NYC Credit Unions Face Risks From Taxi Industry Woes appeared first on Insurance Journal.
28
08, 2015
Deadly Erika May Weaken Before Reaching Florida on Monday
Deadly Tropical Storm Erika may weaken as it passes over the mountains of the Dominican Republic Friday before continuing on a path that may bring it to Florida on Monday. Erika was 90 miles (144 kilometers) east-southeast of Santa Domingo …
The article Deadly Erika May Weaken Before Reaching Florida on Monday appeared first on Insurance Journal.
2
09, 2015
What El Niño Means for the Coming Winter in U.S.
How the weather plays out in the next six months will have a lot to say about the California drought, snow in the Northeast and even the price of natural gas. A strong El Nino in the equatorial Pacific will make …
The article What El Niño Means for the Coming Winter in U.S. appeared first on Insurance Journal.
9
09, 2015
Survey: Many Drivers Unaware of Auto Safety Technology
Adaptive cruise control has been an option on some cars for almost a decade. But in a recent national survey, 65 percent of U.S. drivers didn’t know what it was. The survey, by the University of Iowa Public Policy Center’s …
The article Survey: Many Drivers Unaware of Auto Safety Technology appeared first on Insurance Journal.
11
09, 2015
Who Will Be Next? M&A Trends to Be Eyed at Monaco Reinsurance Meeting
A prolonged decline in global reinsurance prices is spurring merger moves in the sector, with many executives attending next week’s annual industry meeting in Monte Carlo eyeing who might next become predator or prey. While the $600 billion industry, which …
The article Who Will Be Next? M&A Trends to Be Eyed at Monaco Reinsurance Meeting appeared first on Insurance Journal.
1
09, 2015
Woodruff-Sawyer in California Names Ritthaler Vice President
Woodruff-Sawyer & Co. has named Mike Ritthaler vice president and technology practice director. Ritthaler will be based in San Francisco, Calif. and will lead efforts to further the firm’s niche in the technology industry. He has more than 25 years …
The article Woodruff-Sawyer in California Names Ritthaler Vice President appeared first on Insurance Journal.
10
09, 2015
Lloyd’s Reports $1.87 Billion Pre-Tax Profit for First Six Months
Lloyd’s announced a pre-tax profit of US$1.87 billion (£1.19 billion) for H1 of 2015 and a combined ratio of 89.5 percent. Other highlights for the first six months include: Pre-tax profit of US$1.87 billion (£1.19 billion); (H1 2014: £1.65 billion). …
The article Lloyd’s Reports $1.87 Billion Pre-Tax Profit for First Six Months appeared first on Insurance Journal.
3
09, 2015
OSHA Fines Wisconsin Scrap Yard $42K after Worker Death
A federal safety agency is proposing $42,000 in fines against a Waukesha, Wis., scrap yard where an employee was killed when he was struck by a forklift truck. The Occupational Safety and Health Administration cited Waukesha Iron & Metal Inc. …
The article OSHA Fines Wisconsin Scrap Yard $42K after Worker Death appeared first on Insurance Journal.
11
09, 2015
XL Catlin Introduces Commercial Crime Insurance Policy
To help businesses recover from the financial repercussions of corporate crime, XL Catlin’s Global Crime business has introduced a new commercial crime insurance policy in the US. According to Greg Bangs, chief underwriting officer of XL Catlin’s Global Crime insurance …
The article XL Catlin Introduces Commercial Crime Insurance Policy appeared first on Insurance Journal.