U.S. Economic Losses Due to Napa Quake, August Floods Top $4 Billion: Aon September 8, 2014 By Noah Buhayar As far as natural perils go, August was mostly about earthquakes, along with a few tropical storms and typhoons around...
U.K. Government Backs BP in U.S. Over ‘Unreasonable’ Oil Spill Payments September 8, 2014 By Will Kennedy BP Plc got support from the U.K. government in its U.S. court fight over the level of compensation required under...
MF Global Officers’ Defense Cost Already at $48 Million September 8, 2014 By Bill Rochelle and Sherri Toub Former officers and directors of MF Global Holdings Ltd. have already spent more than $48 million defending themselves from lawsuits,...
Ko Appointed Chairman of Willis Asia September 8, 2014 By Charles E. Boyle Willis Group Holdings plc has appointed Huichih Ko as Chairman of Willis Asia, effective September 9. He will be initially...
Earthquake Shakes Iceland Volcano, Still No Ash Cloud September 8, 2014 An earthquake struck the region around Iceland’s Bardarbunga volcano on Sunday while fissures in the area continued to spew out...
Flood Waters Submerge Parts of Kashmir; 120 Dead September 8, 2014 By Aijaz Hussain Fast-moving floodwaters submerged large parts of the main city in Indian-controlled Kashmir on Sunday after five days of pounding rain....
U.S. Risk Announces the Opening of Their Newest Office in Fort Worth September 8, 2014 By Newswire Dallas, TX, 9/15/14 – U.S. Risk Insurance Group, Inc. (www.usrisk.com), the eighth largest managing general agency and surplus lines wholesaler...
Anchor Insurance to Acquire Southeast Surplus Underwriters and Affiliates September 8, 2014 Anchor Insurance Holdings is purchasing Beaumont, Texas-based Southeast Surplus Underwriters General Agency, Spindletop Premium Finance, and Ranchers and Farmers Insurance...
Hohensee Named VP, Commercial Underwriting at Lane & Associates in Louisiana September 8, 2014 Kenner, La.-based Lane & Associates Inc. announced that Marie Hohensee has joined the managing general agency as vice president of...
Berkshire Hathaway GUARD Names Lewis Director of Regional Sales September 8, 2014 Berkshire Hathaway GUARD Insurance Companies promoted Jim Lewis to director of regional sales for the central region of the country....