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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 …
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, …
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, …
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 …
Industry Balks as Treasury Adopts 2% Formula for Defining Auto Insurance Affordability
If the average auto insurance liability premium paid by consumers in minority and low-income neighborhoods is more than 2 percent of the median income in those neighborhoods, the auto insurance will be considered unaffordable, under a new index being adopted …
Orlando Police Release Pulse Nightclub Back to Owner 1 Month After Shooting
Law enforcement has released the Pulse nightclub in Orlando to its owner just a month after it was the scene of the worst mass shooting in recent U.S. history. Officials with the Florida Department of Law Enforcement said Wednesday that …
Alabama Cemetery Issues Bans on ‘Pokemon Go’ Players
An Alabama cemetery is banning people from playing the popular Pokemon Go game on its property. The president of Mobile Memorial Gardens, Timothy Claiborne, says a cemetery is supposed to be a place for peaceful reflection. But Claiborne tells WKRG-TV …
Federal Scientists Issue Final Update of West Virginia Chemical Spill Study
Federal government scientists have released a final update of their study of the January 2014 chemical spill that temporarily fouled the drinking water supplies of 300,000 Charleston-area residents, reporting no significant new findings. The Charleston Gazette-Mail cited the report as …
Ratings of Preferred Physicians Medical Risk Retention Group Upgraded
A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Preferred Physicians Medical Risk Retention Group Inc. (Preferred Physicians) in Kansas City, Mo. The outlook for each rating has …
XS Brokers Adds Jimcor’s Dudkiewicz as It Expands to Mid-Atlantic States
XS Brokers, one of the largest independent insurance wholesale brokerages in New England, is opening a new office in the greater Philadelphia area and has hired Alan Dudkiewicz to lead the firm’s efforts in the Pennsylvania-New Jersey-Delaware-New York region. Dudkiewicz …