Marsh has appointed Michael Anderson president of its U.S. Construction Practice. Anderson brings more than 25 years of construction risk management experience to Marsh. He most recently served as surety practice leader at Willis, where he had responsibility for management …
Matthew F. Schafnitz, co-founder and CEO of Brakke-Schafnitz Insurance Brokers Inc. in Laguna Niguel, Calif., announced the completed purchase of Brakke-Schafnitz Insurance Brokers Inc. and the formation of the holding company, Signature Insurance Group. After the purchase of Brakke-Schafnitz Insurance …
Maine’s highest court has ruled that the city of Lewiston is immune from a lawsuit in connection with a plane crash in 2006 that killed three Lewiston High School students. A superior court judge last year ruled that the city …
An insurance company doesn’t have to pay for damages at a Virginia man’s home ruined by Chinese-made, sulfur-emitting drywall, a decision by a federal judge Thursday that could affect how lawsuits by thousands of U.S. homeowners are settled. Judge Robert …
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Builders Insurance Group and its three pooled members: Builders Insurance (A Mutual Captive …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Barbados-based Wentworth Insurance Company Limited, an indirect, wholly owned subsidiary of Fairfax Financial Holdings Limited, and has assigned a stable …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the P/C group, Horace Mann Insurance Group, its members and the life/health insurance company, Horace Mann Life Insurance Company. …
Standard & Poor’s Ratings Services announced that its on American International Group Inc. , currently ‘A-‘ – Negative – debt ‘/A-1,’ and its insurance subsidiaries (most of which are rated A+/Negative/–) are not affected by the company’s announcement that it …
Assurex Global, which is based in Columbus, Ohio, has added three new brokers to its international partnership ranks: Griffiths & Armour and Miller Insurance Services, Ltd., both from the UK, and Associated Insurance Consultants (AIC) of the United Arab Emirates. …
MAPFRE GLOBAL RISKS announced from its headquarters in Madrid, that it has launched its new website www.mapfreglobalrisks.com “in order to bring closer to its clients, brokers and service companies, its corporate philosophy and its business solutions to clients, brokers and …
