Hiscox USA has expanded its small business insurance offering direct and online to professional services businesses with 10 employees or less in New York and Florida. The metro areas in southern New York and southern Florida were ranked first and …
Gov. Martin O’Malley is pushing for a $100 million initiative to promote high-tech industry in Maryland. O’Malley made the “Invest Maryland” program a part of his legislative agenda on Monday. The program would offer tax credits to insurance companies at …
A.M. Best Europe – Rating Services Limited has placed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Société Tunisienne de Reassurance (Tunis Re) under review with negative implications. Best said the rating action “reflects …
A former partner in a New Jersey-based insurance firm is going to prison for four years for his role in a $20 million loan scheme. Gavin Gatta’s company, Smith Gatta Gelok, assisted businesses in buying commercial insurance. Gatta admitted that …
Come along for the ride as we take a look at how different generations value (or don’t value) other’s opinions on social media and what this means to the insurance industry. How would you respond to the following: When using …
Lexington Insurance Co., a Chartis company, has introduced LexAir Transport Rx, primary aviation liability insurance that is specifically designed for the non-owned aviation operations of hospitals nationwide. This new primary insurance is available as a coverage part to complement Lexington’s …
Rhode Island-based Gencorp Insurance Group has appointed Robert Bikash to oversee the company’s financial and administrative planning. Bikash most recently served as finance director and business manager of a landscape architectural business in Rhode Island and formerly served as financial …
Toyota Motor Corp said it would recall more than 1.7 million vehicles worldwide, bringing its total for recalls to nearly 16 million since late 2009 and dealing a blow to its efforts to restore its reputation for quality. Although the …
Bermuda-based, London headquartered insurer Catlin announced the launch of its third Arctic Survey, which it said “will focus on evolving conditions in the Arctic Ocean that could cause changes in ocean currents that influence the prevailing climate of Europe and …
UK-based specialist insurer Amlin plc announced that its wholly owned subsidiary, Amlin Corporate Services Limited, has agreed and has completed the acquisition of J R Clare Underwriting Agencies Limited (JCUA) from John Clare. Amlin described JCUA as a “managing general …
