A report prepared by Willis Towers Watson showing the potential impact of increased coastal building standards on premium rates for Texas’ property insurer of last resort for coastal counties is now available for public review. The report finds that if …
The board of directors of LUBA Workers’ Comp, a regional casualty insurance company insuring businesses across the Gulf South, has approved the acquisition of Florida based FHM Insurance Services. FHM Insurance Co., founded in 1954, provides workers’ compensation coverage through …
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions headquartered in Tennessee, has appointed Adam R. Fisher to a new company role as chief data officer. Fisher will lead Sedgwick’s efforts to utilize claims data to optimize …
Markel Surety, a part of Markel Corp.’s Markel’s Specialty division, has increased its capacity offering to $500 million for the most qualified accounts with the establishment of a National Accounts segment. This segment will be led by Michael Bond, who …
Georgia’s public safety department said Monday that 10 fatal traffic crashes over the New Year’s holiday weekend resulted in 13 deaths. The crashes happened between Thursday, Dec. 31 at 6 p.m. and midnight Sunday, Jan. 3, according to a department …
Britain’s market watchdog warned about 4,000 small financial firms are at greater risk of failure from the coronavirus as the country endures a third lockdown. The Financial Conduct Authority said Thursday that the pandemic is pushing the firms to the …
Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit by hurricanes and wildfires, a top insurer said on Thursday. The damage, tallied by the German reinsurer Munich Re , …
Pen Underwriting, the UK-based managing general agent, announced a new long-term UK capacity deal with Zurich Insurance in the specialist area of hazardous industries and tanker transportation, building on a strategic partnership of consistent capacity provision that dates back more …
Platinum Specialty Underwriters has acquired International Property & Casualty Insurance Brokers of Nevada Inc. IPC will continue to operate under its established brand name. Terms of the deal weren’t disclosed. IPC is a managing general agent and program manager specializing …
Arthur J. Gallagher & Co. has acquired Phoenix, Ariz.-based Ashton Tiffany LLC. Terms of the deal were not disclosed. Ashton Tiffany founders John Ashton and Michael Tiffany, Jr., and their associates, will continue to operate from their current location as …