States Still Grappling with Surplus Lines Tax Sharing August 15, 2014 By Andrea Wells Things have changed a bit for the surplus lines industry since the Non-admitted and Reinsurance Reform Act, (NRRA) part of...
Berkshire Hathaway Stock Passes $200,000 Mark August 15, 2014 By Jonathan Stempel and Luciana Lopez Berkshire Hathaway Inc.’s share price on Thursday surpassed and closed above $200,000 for the first time, the latest milestone for...
McMellin to Replace Sinfield as CEO of Catlin Group’s London Hub August 15, 2014 Catlin Group Limited (CGL) announced that Andrew McMellin, currently CEO of the Group’s US underwriting hub, will become CEO of...
Tough Competition Could Pressure Global Reinsurers Ratings: S&P Report August 15, 2014 Standard & Poor’s Ratings Services announced that it will publish its annual “Global Reinsurance Highlights” to coincide with the 2014...
Liberty International Appoints Montoya Sr. VP, Managing Director – Latin America August 15, 2014 Liberty International Underwriters (LIU), part of the Global Specialty business unit of Liberty Mutual Insurance, announced the appointment of Alexander...
Lawsky: Regulators’ Stance on Life Insurers’ Captives Leaves Gaping Problem August 14, 2014 By Zachary Tracer New York’s financial-services regulator told fellow watchdogs they are failing to address a “gaping regulatory problem” that he said allows...
Virginia DOT Studies Wildlife Travel Patterns to Increase Roadway Safety August 14, 2014 The Virginia Department of Transportation is working to make roads safer for both wildlife and motorists. The agency’s research division...
Allied World to Build Out Canadian Energy Market Property Coverage, Hires Two Vets to Lead August 14, 2014 Allied World Assurance Company Holdings, AG has launched its property line for energy risks in the Canadian market with a...
Arkansas Board Delays Health Insurance Exchange Grant Request August 14, 2014 An Arkansas board is delaying its application for funding to establish a state-run health insurance exchange. The Arkansas Health Insurance...
Possible Factor in Detroit-Area Flooding? Metal Theft August 14, 2014 The state says the theft of copper from pumping stations used to clear water from Detroit-area freeways may have been...