Authorities in central Texas have found two more bodies along flooded streams, bringing the death toll from flooding in the state to six. It was unclear Sunday whether a body found in Travis County near Austin was one of the …
Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., has announced the appointments of Mike Toppi as global head of Surety Risk and Paul Sanders as global head of Credit & Political Risk. These appointments are part of …
The U.S. Federal Reserve will hold an open meeting this coming Friday on proposals, in the works for more than five years, for capital requirements and other rules for insurance companies. The central bank’s announcement last Friday came a week …
California Insurance Commissioner Dave Jones adopted and issued a revised advisory pure premium rate, lowering the benchmark to $2.30 per $100 of payroll for workers’ compensation insurance. The change is effective July. This is a 10.5 percent reduction compared with …
VALE Insurance Partners has acquired 100 percent of the assets of San Francisco, Calif.-based Onyx Transportation Services LLC, the program administrator for Onyx Insurance Company Inc., a risk retention group specializing in the transportation industry. The program administrator will now …
Property/casualty insurer Zurich has named Dave Anderson to be head of Credit & Political Risk, effective immediately. A 14-year veteran of Zurich, Anderson since 2012 has been global business development director for Credit & Political Risk. In his new role, …
The Sompo group companies have launched a model for evaluating risks to onshore and offshore wind farms. The model, which provides key pricing and cat modeling data for insuring the construction and operation of wind turbines, was created by Sompo …
The U.S. Supreme Court on Tuesday agreed to hear an appeal by State Farm contesting a jury finding that the insurance company defrauded the federal government when assessing damage caused by Hurricane Katrina in 2005 along the Gulf of Mexico …
Trade representatives for the United States and the European Union, who met May 24 and 25 to negotiate a bilateral covered agreement on regulations for insurers and reinsurers, on Friday issued a joint statement indicating they have not reached a …
Canadian pop star Justin Bieber and the co-writers of his 2015 smash hit “Sorry” are being sued for allegedly stealing a vocal riff from another artist who said she used it on her own song a year earlier. In a …
