Compre, the London-based insurance and reinsurance legacy specialist, announced it has acquired a further legacy portfolio from Norwegian insurer Gjensidige Forsikring ASA for an undisclosed sum. The portfolio comprises U.S. asbestos, pollution and health hazard (APH) risks underwritten between 1983 …
Lawyers representing 750 drunken driving defendants in Massachusetts say the state withheld evidence that might show Breathalyzer results were flawed. The Boston Globe reports the lawyers believe they are missing about 400 potentially exculpatory documents detailing the calibration of the …
A recently fired New Jersey Transit compliance officer told lawmakers on Friday that he was terminated for raising safety and other concerns and that the agency is a “runaway train.” Todd Barretta told a joint Assembly and Senate oversight committee …
The Northern United Agents Alliance (NUAA) of Concord, N.H., has announced that G&A Insurance of Dover, N.H., has joined the NUAA as a participating member. G&A Insurance is a locally-owned, full-service agency that was formed in April 2011. The team …
Data provider TransUnion sad it has completed the acquisition of Datalink Services Inc., also known as Compass Driving Records, a nationwide provider of vehicle and driving records and driver pre-screening services. Chris Cartwright, president of TransUnion’s USIS division, said Datalink …
Hurricane Harvey’s second act across southern Texas is turning into an economic catastrophe — with damages likely to stretch into tens of billions of dollars and an unusually large share of victims lacking adequate insurance, according to early estimates. Harvey’s …
Typhoon Hato will have only a moderate impact on the earnings of rated non-life insurers in Macau, and a limited effect on their financial strength, according to A.M. Best. On Aug. 23, 2017, Typhoon Hato (Category 2 on the Saffir-Simpson …
Though Florida hasn’t suffered a category 5 storm since Hurricane Andrew hit the north Miami area on Aug. 24 1992, the risk of such a storm has not gone away or even declined. In fact, the state’s risk of destruction …
A parent has sued a South Carolina private school the same day the school sent out an email that included private medical information about 86 students. The lawsuit said an email Friday from the school nurse asking for updates on …
U.S. department store operator Sears Holdings Corp. is having trouble stocking shelves, as some vendors have fled while others are demanding stricter payment terms because of difficulties hedging against default risk. The strain in Sears’ supply chain is exacerbated by …
