Florida officials have charged a Duval County man with allegedly creating a fake company and fake name as part of a workers’ compensation fraud scheme. Florida CFO Jeff Atwater announced the arrest of David Rodriguez-Socarras, who officials allege used a …
Chartis has introduced a salary reimbursement endorsement, developed by its Excess Casualty division as a supplementary benefit to its commercial umbrella insurance solutions. This coverage enhancement is designed to offset some of the uninsured costs employers incur when their employees …
Aon Corp. has united its merger and acquisition practices to form Aon M&A Solutions, which will provide M&A risk and human capital solutions. Aon M&A Solutions will be led by Mark Arian and Brian Casey. Brian Cochrane will lead global …
American Safety Insurance has launched an enhanced version of its EnviroStar policy, which combines common coverages for environmental professionals into one form. “The form changes are in response to feedback from our annual customer roundtable and our daily interactions with …
If President Hosni Mubarak clings to power, investors will re-price Egyptian and regional assets to brace for weeks, months or possibly years of heightened political risk. If he goes, global markets could still react with alarm, fearing a rising tide …
Somali pirates are increasingly using hijacked merchant vessels with hostage crews as giant motherships to attack deeper into the Indian Ocean, the European Union anti-piracy task force says. Forcing the original crew to operate the ship at gunpoint, pirates can …
UK-based specialist insurer Amlin plc announced that a wholly owned subsidiary has entered into an agreement to acquire Lead Yacht Underwriters Limited from members of Lead Yacht’s board of directors. The transaction remains subject to the approval of the change …
Martyn Perryman has been appointed Sales and Marketing Director for Willis UK & Ireland (WUKI), effective immediately. He is based in London and reports to Brendan McManus, CEO, WUKI. He will be responsible for increasing revenue growth and retention across …
Florida Insurance Commissioner Kevin McCarty has issued a cease and desist order shutting down a number of insurers for the unauthorized marketing and sale of automobile service warranty insurance products. The affected companies include Warranty Administration, Inc., SafeData Management Services, …
A Republican-controlled Assembly committee has approved a bill that would repeal minimum automobile coverage levels, sending the bill to the full chamber for a vote. The GOP-authored proposal would wipe out minimum coverage levels for liability and uninsured motorists created …
