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11
08, 2015
Higginbotham, Commercial Global Insurance Join Forces
Independent insurance broker Higginbotham, based in Fort Worth, and Commercial Global Insurance (CGI) are merging their operations in Friendswood, Texas. CGI is an independent broker in Deer Park, Texas. CGI will merge its five-person group into Higginbotham’s office in nearby Friendswood this month. Beginning in 2008, Higginbotham started a …
The article Higginbotham, Commercial Global Insurance Join Forces appeared first on Insurance Journal.
6
08, 2015
The Evolution of Employment Practices Liability Insurance
It’s been interesting to watch the growth of employment practices liability insurance (EPLI) during more than 25 years of working in the specialty insurance industry. Twenty years ago EPLI was rare in the United States and, even a decade ago, …
The article The Evolution of Employment Practices Liability Insurance appeared first on Insurance Journal.
7
08, 2015
Missouri, Illinois Jeep Owners Sue Fiat Chrysler Over Hacking
Car owners in Belleville and eastern Missouri have filed a federal class-action lawsuit against Fiat Chrysler and a dashboard computer manufacturer after two hackers used a laptop computer to take control of a Jeep being driven on a St. Louis …
The article Missouri, Illinois Jeep Owners Sue Fiat Chrysler Over Hacking appeared first on Insurance Journal.
6
08, 2015
Third Point Re Reports Q2 Net Income of $15.7M, 49.9% Decline From 2014
Third Point Reinsurance Ltd., headquartered in Bermuda, reported net income of $15.7 million, or $0.15 per diluted common share, for the second quarter of 2015, compared with net income of $31.3 million, or $0.29 per diluted common share, for the second quarter of 2014, a decrease …
The article Third Point Re Reports Q2 Net Income of $15.7M, 49.9% Decline From 2014 appeared first on Insurance Journal.
12
08, 2015
Death Toll From Legionnaires’ Disease Up to 12, NYC Mayor Says
Two more people in the Bronx have died of Legionnaires’ disease, bringing the total of fatalities to 12 in the largest outbreak of the disease in New York City history, officials said Monday. There are now 113 reported cases of …
The article Death Toll From Legionnaires’ Disease Up to 12, NYC Mayor Says appeared first on Insurance Journal.
6
08, 2015
Europe’s ABS Market Promotion Hinges on Easing Insurers’ Capital Requirements
Europe’s push to promote asset-backed securities (ABS) hinges on persuading insurers to buy the debt by easing capital requirements, investors and analysts said. European Union and global regulators recently proposed criteria for identifying simple and transparent securitizations that could qualify …
The article Europe’s ABS Market Promotion Hinges on Easing Insurers’ Capital Requirements appeared first on Insurance Journal.
7
08, 2015
Iowa Jury Awards Nearly $12M in Sexual Harassment Lawsuit
An Iowa jury has awarded nearly $12 million to an Indianola woman who said in a lawsuit that her former co-workers at a toy company subjected her to graphic sexual comments and other harassment. The jury awarded $11.9 million to …
The article Iowa Jury Awards Nearly $12M in Sexual Harassment Lawsuit appeared first on Insurance Journal.
5
08, 2015
AIG Focuses on Integrating Japan Businesses, Rather Than Additional M&As
American International Group Inc. plans to sit out the unprecedented wave of insurance industry deal-making and instead focus on integrating businesses in Japan. The timetable for merging AIU with Fuji Fire & Marine has been pushed back to 2016 or …
The article AIG Focuses on Integrating Japan Businesses, Rather Than Additional M&As appeared first on Insurance Journal.
11
08, 2015
U.S. Safety Board Focuses on Driver Fatigue in Tracy Morgan Crash
A Wal-Mart Stores Inc. driver who struck a limo van carrying comic Tracy Morgan last year had been awake for 28 hours and worked almost 14 hours at the time of the accident, U.S. investigators found. The National Transportation Safety …
The article U.S. Safety Board Focuses on Driver Fatigue in Tracy Morgan Crash appeared first on Insurance Journal.
5
08, 2015
Private Equity Firm Odyssey Buys Broker Integro
New York and Los Angeles private equity firm Odyssey Investment Partners, LLC has agreed to acquire Integro Ltd., a specialty insurance brokerage and risk management firm. Financial details of the investment were not disclosed. Integro was founded in New York …
The article Private Equity Firm Odyssey Buys Broker Integro appeared first on Insurance Journal.