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19
07, 2016
Southern Colorado Wildfire Now 30 Percent Contained
Firefighters are letting areas of a wildfire burn near Coaldale in southern Colorado because it is too dangerous to get into some wilderness areas, but they have managed to protect homes and contain 30 percent of the blaze as of …
15
07, 2016
Construction Firm Sentence for New York Worker’s Death: Pay for Public Announcements
A construction company convicted in the death of a worker in a New York trench collapse has been sentenced to fund a series of worker safety public service announcements. But an attorney for Harco Construction LLC told a judge Wednesday …
19
07, 2016
BHSI Expands into Transactional Liability Market with Underhill, 3 Others
Berkshire Hathaway Specialty Insurance (BHSI) reported that it has expanded into Transactional Liability Insurance team in the U.S. and Canada and named Robert Underhill as senior vice president, head of Transactional Liability. The company also appointed Dan Crosby as vice …
15
07, 2016
Starr Companies Appoints Grey as President, Latin America Division
Starr Companies announced that Dorian Grey has joined the company as president, Latin America Division. Grey will have overall responsibility for the growth and profitability of Starr’s activities in Mexico, Central and South America and the Caribbean. “We are delighted …
19
07, 2016
Insurers, Private Hospitals in Houston Fighting over Patients’ Rates
Insurance companies and private hospitals are facing off in Houston over how much to charge patients for “out-of-network” surgeries and procedures. According to the Houston Chronicle at least a dozen lawsuits have been filed in Houston in recent years over …
15
07, 2016
House GOP Wants Democratic AGs’ Records on Climate Change Suit Against Exxon
Escalating a political fight over global warming, a Republican House chairman issued subpoenas this week to two Democratic state attorneys general, seeking records about their investigation into whether Exxon Mobil misled investors about man-made climate change. Texas Rep. Lamar Smith, …
19
07, 2016
AmTrust Drops Arbitrator-Bribery Claims Against Italian Ex-Broker Somma
Insurance firm AmTrust Financial Services Inc. has filed to voluntarily dismiss all of its claims against one of its former insurance brokers in Italy who AmTrust alleged bribed an arbitrator called in to settle a business dispute between them. AmTrust’s …
15
07, 2016
Allied World, Great Point Partner on Online Small Business Umbrella Program
Allied World North America has teamed with program administrator Great Point Insurance to offer umbrella coverage in the U.S. and Canada for small businesses through their online portal, UmbrellaPro. Designed for companies with less than $25 million in annual revenues, …
19
07, 2016
NW Wisconsin Flood Damage Up to $30 M
Flooding from recent heavy rains has caused $30 million dollars in damage in northwestern Wisconsin. State emergency management officials said that storms have caused nearly $1.8 million in damage to homes and businesses. Damage to roads, bridges and trails is …
14
07, 2016
U.S. Risk, Kohlberg & Co. Forge Partnership Agreement
Dallas-based international specialty lines underwriting manager and wholesale broker, U.S. Risk Insurance Group Inc. (U.S. Risk), announced it has entered into a definitive agreement to partner with the private equity firm, Kohlberg & Co. LLC (Kohlberg). Subject to receipt of …