RSG Underwriting Managers (RSGUM) has agreed to acquire the total assets and operations of Interstate Insurance Management Inc. (Interstate). Interstate was represented in the transaction by Marsh, Berry & Company Inc. Terms of the agreement were not released. Interstate is …
Skuld, the marine insurance provider, announced the appointment of Paul Knighton as global head of marine cargo and marine property. He will join Skuld Syndicate 1897 in the summer. Knighton will enhance Skuld’s well-established marine cargo and marine property portfolio …
Germany’s Allianz has made an informal takeover approach to QBE Insurance, Australia’s biggest insurer, but has not named a price, sources told Reuters on Monday. Shares in QBE closed flat after rising by up to 5 percent, while Allianz was …
Munich Reinsurance America has created a new strategic position in its Reinsurance Division to help clients seize opportunities resulting from the rapidly developing field of insurtech. Robert Mozeika will assume the new role as innovation executive. Steve Levy, president, Reinsurance …
Richardson, TX, January 30, 2017- Encore Special Risks, LLC and Spinnaker Insurance Company have launched a new Texas Preferred Homeowners HO-B program, making superior quality coverage available to homeowners in catastrophe exposed areas of the state. Encore is partnering with …
AXIS Capital Holdings Limited has formed of AXIS Specialty Underwriters Inc., based in Miami (AXIS Miami), to operate as the company’s Latin American and Caribbean (LAC) regional coverholder for AXIS Syndicate 1686. AXIS Miami will operate within AXIS Insurance’s International …
J.M. Wilson has added Adam Bolinger to its North Charleston, S.C. office. As a transportation underwriter, Bolinger is responsible for quoting new and renewal transportation risks, and serving independent insurance agents in Georgia, North Carolina, South Carolina, and Tennessee. Bolinger …
Democratic Senator Elizabeth Warren on Friday accused the U.S. Labor Department of dismantling a website designed to help Wells Fargo workers file whistleblower retaliation and other complaints against the bank, and asked the department to reinstate it. In her letter …
Three days before the inauguration of President Donald Trump last week, a panel of experts on insurance regulation predicted that state and federal regulators of the financial services sector would refocus their efforts in the year ahead. Changes at the …
Next Level Administrators (NLA), a Bradenton, Fla.-based data-focused claims administration organization, has appointed Angela Blanch as vice president of Business Development. Prior to joining the company, Blanch worked with with various TPA’s including CorVel Corporation, Sedgwick CMS, Cambridge, and GatesMcDonald. …
