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Amlin Reports 1.4% Drop in Q1 Gross Written Premiums to $1.96 Billion

London-based Amlin plc reported gross written premium for the three months ended March 31, 2015 of £1.26 billion ($1.96 billion), compared with £1.27 billion ($1.97 billion) reported for the said period in 2014. At constant rates of exchange, gross written …

‘Outside Forces’ are Changing the Industry: Markel’s Kumana Has Solutions

Darius Kumana leads a new team with a new mission that aims to bring the re/insurance industry into the 21st century. He recently joined Markel International in London as head of IT and Digital Strategy – specialties that until recently …

AEGIS London’s Managing Director Moves to Canopius as Group CEO

AEGIS London announced that Stuart Davies, the company’s managing director, has resigned to take up the group CEO role at Canopius. At Canopius, Davies succeeds Michael Watson who remains the company’s chairman. As group chief executive officer, Davies will assume executive responsibility for …

Berkshire Hathaway Specialty Names Emerson to Head Liability Claims in Canada

Berkshire Hathaway Specialty Insurance (BHSI) has named Paul Emerson as head of liability claims in Canada. Emerson comes to BHSI from the law firm of Clyde & Co Canada LLP. “As an attorney with extensive experience handling casualty, executive and …

AXIS Says Termination Fee Would Soften Blow if PartnerRe Deal Collapses

AXIS Capital Holdings Ltd. Chief Executive Officer Albert Benchimol, who’s working to complete a merger with PartnerRe Ltd., said his company can withstand a collapse of the deal and that a termination fee would soften the blow. “We intend to …

Prosecutors Say Ex-Security Guard Helped Thieves in Kentucky Bourbon Theft Ring

The alleged head of a bourbon theft ring recruited a security guard and paid her $800 to look the other way as thieves spirited away thousands of dollars’ worth of whiskey from a Kentucky distillery, prosecutors said this week. Leslie …

Georgia Officers Issue 270 Tickets Under ‘Slow Poke’ Law

The Georgia State Patrol says officers have written about 270 tickets under a law that makes it illegal to block faster drivers in the left-hand lane. The state’s so-called “slow poke” law took effect in July 2014. WSB-TV reports officers …

30 More Arrested in Second Wave of Massive Florida Insurance Fraud Scheme

Florida CFO and State Fire Marshal Jeff Atwater, alongside Miami-Dade State Attorney Katherine Fernandez Rundle, has made more than 30 arrests during the second wave of a collaborative state and local operation known as “Operation Flames and Floods.” The investigation …

A.M. Best Upgrades Issuer Credit Ratings of Medical Mutual of North Carolina

A.M. Best has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating of A (Excellent) of Medical Mutual Insurance Company of North Carolina (Medical Mutual) and its wholly owned subsidiary, Medical Security Insurance …

Massachusetts Senate Removes Insurance Surcharge From Headlights Law

The Massachusetts Senate has voted to join the House in softening the impact of the new state law that requires motorists to turn their headlights on whenever they are operating their windshield wipers. Under a state budget amendment unanimously approved …

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