K&K Insurance Group, Inc. has enhanced its franchised powersports dealer program to now include coverage for personal transportation machines manufactured by Segway. Package and excess lines of coverage are offered to dealerships who sell approved brands of motorcycle and powersport …
Richmond, VA, 4/18/13 – Atlantic Specialty Lines continues its evolution by promoting one of its founders, Seth Johnson, to a new and key management role. He has accepted the position of COO at the corporate level. All of ASL’s profit …
A Democratic senator who helped craft President Barack Obama’s signature healthcare law gave the administration “a failing grade” on Wednesday for its efforts to educate the public and small employers about sweeping changes due to take effect in eight months. …
Aon Benfield Securities Insurance-Linked Securities First Quarter Update 2013 has concluded that “for the annual period ending March 31, investment returns for the Aon Benfield All Bond index had reached 12.69 percent (2012: 5.90 percent). The report, published by the …
Bermuda-based Aspen Reinsurance, the reinsurance unit of Aspen Insurance Holdings Limited, announced the formation of a new division, Aspen Capital Markets, with Brian Tobben appointed as its managing director. Aspen Re said it is establishing the new division to expand …
“A return to an underwriting profit in 2012 enabled the global reinsurance market to continue its growth trajectory despite significant challenges,” according to a new special report by A.M. Best Co. Best cited “deterioration in investment yields” as appearing to …
Chinese banks must rate their clients’ risk of criminal conduct on a scale of 1-5 as part of the central bank’s moves to curb money laundering and fraudulent transactions estimated at hundreds of billions of dollars a year. The new …
Louisiana may owe the federal government more than $115 million for disaster relief aid that was misspent or awarded to ineligible recipients after hurricanes Katrina and Rita, a state audit said. The legislative auditor office’s review of the Office of …
New Jersey officials plan to unveil a plan in the next two to three weeks for buying out roughly 1,000 flood-prone homes from owners who want to sell them, a state Department of Environmental Protection spokesman said Tuesday. Since Superstorm …
In a decision the National Risk Retention Association says will help clear any future hurdles faced by risk retention groups in other states, the Ninth Circuit Court of Appeals affirmed a District Court ruling that the under federal law the …
