Itasca, Ill.-based Arthur J. Gallagher & Co. has added Raymond Iardella as vice president, Investor Relations. Iardella spent the last 13 years in various roles within the insurance, equity research and asset management industries. Most recently, he was an analyst …
Three homes were damaged and another was destroyed in northwest Arkansas when severe weather swept through the area. The Washington County Sheriff’s Office says the damage was reported late on March 23 in Evansville, which is about 35 miles west …
Independent insurance broker Higginbotham, headquartered in Fort Worth, and Mount Pleasant, Texas-based Capps Insurance Agency have joined forces. Higginbotham’s partnership with Capps brings its total number of employees to 750 in 24 offices throughout the state. Both firms have long …
Add the nation’s largest property-casualty insurer to the growing list of financial companies that won’t be donating to U.S. Representative Scott Garrett in the wake of his alleged anti-gay remarks. State Farm Mutual Automobile Insurance Co., which contributed $2,000 to …
The Seattle Archdiocese in Washington will pay just over $9 million to eight women who were sexually abused as children by a former priest in Whatcom and Skagit counties. The abuse occurred between 1968 and 1974 at churches in Burlington, …
California should delay action on a proposed state-run retirement savings plan for private-sector employees because it could end up leaving taxpayers on the hook, the Investment Company Institute said in a letter Thursday to state Treasurer John Chiang. The program, …
San Diego-based Wells Media Group announced that Mitch Dunford, chief executive officer, has resigned to pursue other career opportunities. Dunford, a former San Diego police officer, has been with Wells Media for 15 years. After leaving the San Diego police …
One of the strongest El Niño periods on record and a positive phase of the North Atlantic Oscillation were the climate drivers in 2015 that led to an exceptional season of Pacific tropical storms and severe windstorms and flooding in …
A.M. Best said it has placed under review with negative implications the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of ACP Re Ltd., based in Hamilton, Bermuda and 10 of its reinsured …
The majority of Lloyd’s businesses (77 percent) are considering legacy portfolio disposals, with more than half of firms based in western Europe (53 percent) expecting to make at least one sale in the next three years, according to Willis Towers …
