German, Chinese Insurers Face Record Disaster Claims as Extreme Weather Intensifies August 12, 2021 Extreme precipitation in mid-July resulted in the costliest flooding events on record for German and Chinese insurers, which face potential...
OLI Acquires Walton and Associates in California August 12, 2021 OLI Insurance Services Inc. acquired Walton and Associates Insurance Services. San Jose, Calif.-based Walton and Associates focuses on a variety...
Arthur J. Gallagher & Co. Acquires Majority Stake in Turkish Specialty Broker August 12, 2021 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has purchased a majority stake in Turkish specialty...
China’s Extreme Weather Provides Wake-Up Call for Under-Insured Local Authorities August 12, 2021 BEIJING – Devastating summer floods in the populous province of Henan in central China are a wake-up call for local...
People Moves: Brown Now CEO at Avalon; Paraboschi to CEO at IMG; J.M. Wilson Promotes Lloyd, Adds Chalus August 12, 2021 Avalon Risk Management Avalon Risk Management (Avalon) in Elk Grove Village, Illinois, named Michael S. Brown president and CEO. Brown...
Hagerty and State Farm Partnering on Classic Vehicle Insurance August 12, 2021 State Farm is collaborating with Traverse City, Michigan-based Hagerty to introduce a new insurance product for classic vehicles, State Farm...
North Dakota Governor Seeks Federal Help After Storm Damage August 12, 2021 North Dakota Gov. Doug Burgum has requested federal help for counties dealing with recent storms that caused more than $2...
Large California Fire Grows, Montana Blaze Threatens Towns August 11, 2021 California’s largest single wildfire continued growing after destroying nearly 550 homes while authorities in Montana ordered evacuations as a wind-driven...
Family of Man Killed in California by Police Putting Knee to His Neck Sues August 11, 2021 Family members of a Navy veteran who died after a Northern California police officer pressed a knee to his neck...
New MGA Hoxton Insurance Services Offers Mid/High Net Worth Personal Lines Cover August 11, 2021 Hoxton Insurance Services, a new managing general agent (MGA) that trades exclusively through brokers, has been launched by MGA specialist,...