Arthur J. Gallagher & Co. has acquired Mike Henry Insurance Brokers Limited (MHIB), headquartered in Auckland, New Zealand. MHIB has annualized revenues of approximately $4.5 million and 30 staff operating from its offices in Auckland and Christchurch, according to the …
Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, ] has acquired Capstone Insurance Services LLC, a $1.8 million revenue agency located in Greenville, South Carolina. Terms of the transaction were not disclosed. Founded in 1995, …
The Supreme Court of Canada agreed on Thursday to hear an appeal by Chevron Corp. of a lower-court decision that said Ecuadorean villagers could pursue in Ontario their $9.51 billion lawsuit for pollution in the Amazon jungle. The Ontario Court …
Governments should require companies shipping crude oil by rail to carry enough liability insurance to make up for shortfalls in coverage carried by railways, the president of Canada’s second-largest rail operator said on Thursday. Currently, there are no requirements in …
Allianz SE, Europe’s biggest insurer, is expanding in Canada, targeting protection for the energy and mining industries. The insurer, which offers corporate property and casualty coverage in Canada through brokers, plans to boost gross written premiums in the nation to …
Great American Insurance Group has completed a renewal rights agreement with Selective Insurance Co. of America to acquire Selective’s Self-Insured Group book of business. The business, amounting to $38 million in gross written premium in-force, relates to direct excess policies …
West Virginia Gov. Earl Ray Tomblin has signed legislation imposing new safeguards on above-ground storage tanks and water systems in response to a Jan. 9 chemical spill in Charleston. The Water Resources Protection Act regulates storage tanks like the one …
An effort to reduce fatal crashes on secondary rural roads has been launched in Iowa. The Governor’s Traffic Safety Bureau announced the effort, which began April 1 and continues through Sept. 30, 2015. The program will focus on rural secondary …
Energi, a provider of risk management and insurance programs for the energy industry, has opened an office in Downers Grove, Ill. The new office, located at the Esplanade I, will provide operational support for Energi’s Midwest risk mitigation and insurance …
The Leavitt Group’s Spearfish and Sturgis, S.D. offices, formerly part of Western Dakota Insurors, are forming a new agency called Leavitt Heartland Insurance Services, which will remain part of the Leavitt Group. All personnel will remain with the agency and …
