Aspen Insurance Holdings Ltd. announced that it has entered into anadverse development cover reinsurance agreement with a wholly owned subsidiary of Enstar Group Ltd. In the transaction, Enstar’s subsidiary will reinsure losses incurred on or prior to Dec. 31, 2019 …
Nebraska lawmakers have sent a nearly unanimous message to federal officials who control the flow of the Missouri River: focus on preventing floods above all else. Lawmakers voted 43-1 on a resolution calling on Congress and the U.S. Army Corps …
Newport Beach, Calf.-based Alliant Insurance Services Inc. has named Philippe de Dreuzy to head up its global benefits practice as senior vice president and global practice leader. Dreuzy will be based in the San Francisco Bay Area. He has 25 …
California Department of Insurance detectives arrested seven suspects on 31 felony charges of auto insurance fraud for their alleged involvement in a family-run organized auto fraud ring dubbed Operation Car Seats. Suspects allegedly filed dozens of fraudulent false insurance claims …
Global insurers and reinsurers are exposed to the coronavirus outbreak directly through a potential spike in claims, and indirectly through the impact on economic growth and the resultant financial market volatility, according to a report from Moody’s Investors Service. An …
World Insurance Associates LLC (WIA), a Tinton Falls, N.J.-based, full-service insurance brokerage, has signed an agreement to receive a majority investment from funds affiliated with Charlesbank Capital Partners, a middle-market private equity firm based in Boston and New York. The …
Markel is combining its Markel Specialty and Markel Assurance divisions into one division called Markel Specialty, which launches on April 1. The new division will preserve the company’s current regional model and will add two new additional territories – East …
A large construction crane collapsed Friday morning outside SoFi Stadium, the new home of the NFL’s Los Angeles Chargers and Rams, according to the fire department. No injuries were reported. Firefighters were dispatched to the stadium in suburban Inglewood shortly …
A pending lawsuit was settled with a Wyoming school board after they agreed to pay $230,000 over asbestos exposure at Kelly Walsh High School in Casper. The Natrona County school board approved the payment Monday, and said money would come …
The smell of marijuana has driven some residents of the Southern California city of Carpinteria to sue local growers. The lawsuit filed last week contends the growers should seal their greenhouses and use “carbon-based filtration methods,” KEYT-TV reported. The suit …
