Monthly Archives: <span>January 2019</span>

The Hilb Group Acquires Rhode Island’s Aloisio Insurance Associates

The Hilb Group LLC (THG) has acquired Rhode Island-based Aloisio Insurance Associates Inc. (AIA). AIA, a full-service insurance agency, primarily provides property and casualty insurance to individuals and businesses in the Rhode Island area. Located in North Providence, R.I., AIA …

AXA XL Appoints Dicob to Excess Casualty Insurance Team in New York

AXA XL has appointed Andrew Dicob to its Excess Casualty Insurance team as leader for the U.S. Northeastern region. Based in New York and reporting to Donnacha Smyth, president of Global Excess Casualty, Dicob will work with brokers and clients …

Supreme Court Backs Arbitration in Kavanaugh’s First Written Opinion

The U.S. Supreme Court’s newest member, Brett Kavanaugh, issued his first written opinion on Tuesday as the justices in a unanimous ruling bolstered companies’ ability to use arbitration to resolve disputes with customers or other businesses. The court decided 9-0 …

WTW Names Forrest EMEA Regional Leader, Insurance Consulting & Technology

Willis Towers Watson announced that Colin Forrest will take on the role of regional leader for Europe, Middle East and Africa (EMEA) in the company’s Insurance Consulting and Technology business. Forrest takes over from Frank Schepers who, following a successful …

U.S. Government Steps Up Warnings to Businesses Over Foreign Hackers

The Trump administration on Monday launched a drive to push U.S. firms to better protect their trade secrets from foreign hackers, following a slew of cases accusing individuals and companies of economic espionage for China. U.S. companies hit by recent …

CFC Expands Cyber Insurance Product with Business Interruption Cover

CFC, the London-based managing general agent that specializes in emerging risks, announced it has expanded its cyber insurance product to include business interruption as well as a variety of cyber-crime activities. With CFC’s new cyber insurance product, businesses will benefit …

Argo Group Renews Harambee Re Sidecar for 2019

Argo Group International Holdings Ltd., the Bermuda-based specialty insurer and reinsurer, announced the renewal of Harambee Re Ltd. as Argo Group’s sidecar reinsurer for 2019. Launched in 2013, the sidecar continues Argo Group’s successful track record of building relationships with …

Hub Continues Canadian Employee Benefits Expansion with Purchase of TRG

Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired the assets of TRG Group Benefits and Pensions Inc. (TRG) in Canada. Terms of the transaction were not disclosed. The acquisition continues Hub’s strategy to offer clients a …

eSURETY® Recognized as a Top Surety Underwriting Platform

Ponte Vedra, FL, January 9, 2019 – eSURETY® is in the list of Top 10 Underwriting Solution Providers 2018 by Insurance CIO Outlook who publishes an annual listing of companies that are at the forefront of providing underwriting solutions for …

Texas Insurance Department Recommends Flood Disclosure on Property Policies

In its 2018 Biennial Report, the Texas Department of Insurance made several recommendations to the legislature regarding issues the agency believes are worth looking at by lawmakers in the 2019 legislative session. One, at least partly in response to the …