Walnut Creek, Calif.-based Heffernan Insurance Brokers recently acquired Consuasor Insurance Advisors in New York. Founded in 2006, Consuasor is a multi-lines middle market broker with offices in New York City and Long Island, New York. Consuasor’s New York City operations …
One industry segment ideal for the program market and somewhat immune to the effects of a battered economy is the fast-food, multi-unit restaurant franchise industry, the experts say. The larger a company grows, the slower its rate of growth. But …
Mounting scandals at the Internal Revenue Service are jeopardizing critical funding for the agency as it gears up to play a big role in President Barack Obama’s health care law. Obama sought a significant budget increase for the IRS for …
The Carnival Corp. filed a lawsuit last week seeking more than $12 million in damage that its cruise ship, Triumph, sustained in an early April windstorm.AL.com reported that in the lawsuit, Carnival argues that mooring equipment being used by BAE …
Florida’s state-run Citizens Property Insurance Corp. announced earlier this week that Chief Financial Officer Sharron Binnun has resigned to take a job in the private sector. Her departure from Citizens is unfortunate, but ultimately unsurprising (more on that later). During …
Air force helicopters and rescue teams searched for survivors in northern India after days of monsoon rains triggered flash floods and landslides, killing at least 138 people and leaving hundreds missing. Parts of Uttarakhand and Himachal Pradesh, the worst-hit states …
Swiss Re announced the publication of its “2012 Corporate Responsibility Report,” which it said “enhances its accountability by reporting against the Principles for Sustainable Insurance for the first time.” The sustainable principles were developed in cooperation with the United Nations …
AIG’s Aerospace Unit in the UK has enhanced its airside premises and contractors liability protection with limits of indemnity and up to U.S. $50 million of war and terrorism cover included as standard. “Airports in the UK are seeing increasing …
Privacy Compliance. It’s not serious until you get caught, right? The normal individual human reaction to complex laws and laws that defy relatively easy compliance is to acknowledge their existence, give them lip service, and generally ignore them. Complex laws …
ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, has formed a new railroad underwriting unit. The new unit will deliver railroad liability insurance products and services through a new product offering — ACE Tracks — specifically designed …
