January 25, 2017
Henderson Brothers Inc., a Pittsburgh, Penn., based insurance broker, has hired David Trushel as an account executive in the commercial lines department. Trushel will use his four years of industry experience to assist clients with creating specialized insurance programs and …
January 25, 2017
U.S. President Donald Trump’s administration has instructed the Environmental Protection Agency to remove the climate change page from its website, two agency employees told Reuters, the latest move by the newly minted leadership to erase ex-President Barack Obama’s climate change …
January 25, 2017
Zurich North America has announced the name of its new North America Commercial Insurance unit and leadership team. This new unit brings together the former Commercial Markets and the former Global Corporate in North America units, which the company says …
January 25, 2017
Authorities say tornadoes destroyed or damaged 31 houses and RVs in Louisiana last weekend: 29 in the northwest near Plain Dealing, and two in the Natchitoches Parish town of Natchez. Officials say nobody was seriously hurt. The National Weather Service …
January 25, 2017
Intesa Sanpaolo SpA’s interest in combining with insurer Assicurazioni Generali SpA has no obvious logic to it. If the lender has a cunning plan to make it work, it needs to reveal it. For now, Intesa says simply that it’s …
January 25, 2017
Total catastrophe bond issuance for calendar year 2016 reached US$5.8 billion – a decrease from US$6.9 billion in 2015 – principally due to ongoing competitive re/insurance market conditions, according to an Aon report. The first quarter of 2016 saw a …
January 25, 2017
Berkshire Hathaway Inc.’s record risk-transfer agreement with American International Group Inc. is so big that Warren Buffett’s company risks posting its first annual underwriting loss since 2002 at its property/casualty business, according to Credit Suisse Group AG. The AIG transaction …
January 25, 2017
For private U.S. property/casualty insurers, the first nine months of 2016 were markedly worse than the same period in 2015, due to higher catastrophe losses and less favorable reserve development. The period produced a $1.7 billion net underwriting loss versus …
January 25, 2017
California-based Sierra Nevada Brewing Co. announced a recall on Jan. 22 of certain 12-ounce bottles of its pale ales, IPA’s and other beers after detecting a packaging flaw that could cause a piece of glass to break off into the …
January 25, 2017
Featuring sales tips and scripts from more than 35 experienced insurance agents selling Final Expense life insurance and Medicare Supplements, Portland, OR, January 23, 2017 – Consistently top-rated in Amazon reviews and recently featured in leading industry publications including LifeHealthPro …