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Engle Martin Closes Acquisition of Eberl in Colorado
Engle Martin & Associates has completed its acquisition of a majority share of Eberl’s Claim Service Inc. of Lakewood, Colo. and its related companies. Eberl provides catastrophe loss adjusting and claims-related services with a focus on residential and automobile insurance …
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U.S. Chinese Drywall Victims Face China’s Legal Wall of Immunity
More than a year after suing the Cabinet agency that oversees China’s biggest state-owned companies, lawyers for people who say their homes were ruined by drywall made in China are still trying to get the lawsuit served on the State-Owned …
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Homes, Vehicles Flooded in Sioux Falls
More than half a foot of rain fell in parts of Sioux Falls, S.D., leading to flash flooding that inundated basements, stranded dozens of motorists and cut electricity to thousands of homes. Mayor Mike Huether said infrastructure improvements in recent …
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Willis Re Report: Capital Growth Eases as M&A, Capital Mgmt. Accelerate
In its most recent Reinsurance Market Report Willis Re, the reinsurance division of Willis Group Holdings plc, notes: “Faced with significant over-capacity and widespread pricing pressure, the growth in global capital dedicated to reinsurance has stabilized during the first half …
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CFC Launches Cyber Risk Portal
Specialist lines underwriting agency, CFC, has extended its cyber product suite with the launch of a new online hub offering specialized cyber risk management and response services. CFC has partnered with several technology providers to provide clients access to risk …
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Judge Strikes Down N.Y. Town’s Day Laborer Law as Unconstitutional
A federal judge has struck down as unconstitutional a suburban New York town’s law banning day laborers from soliciting for work on public sidewalks, declaring its broad application could affect children selling lemonade in their driveway. U.S. District Court Judge …
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Maine’s Cross Insurance Announces Leadership for Franchised Dealer Practice
Cross Insurance, an independent insurance agency based in Bangor, Maine, appointed vice presidents Michael J. McInnis, Sr. and Scott S. Colford as co-leaders of its newly formed Franchised Dealer Practice that will focus on the needs of new car and …
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Amlin Deal Puts M&A Spotlight on 4 Remaining Publicly Traded Lloyd’s Insurers
Amlin Plc’s $5.3 billion takeover by a Japanese competitor has put the remaining four publicly traded Lloyd’s of London insurers in the spotlight for a possible takeover. Beazley Plc, Hiscox Ltd., Lancashire Holdings Ltd. and Novae Group Plc all rallied …
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Do Not Enter: ‘Shadiest’ New Internet Addresses
A new report warns that more than 95 percent of websites with new Internet addresses such as .zip, .kim or .party are suspicious. Internet security firm Blue Coat says its research of the top 10 new top-level domains (TLDs), or …
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Willis Names Lockton’s Silverstein Senior VP for National Casualty
Willis North America has appointed Eric Silverstein, formerly of Lockton, as senior vice president of National Casualty. In this role, Silverstein will support workers’ compensation, primary and excess casualty, product recall and international casualty products. Silverstein, who is based …
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