February 20, 2020
Garnet Underwriting Managers (GUM), the managing general underwriter assigned to manage Garnet Casualty Insurance Corporation, has signed its first managing general agent, Conway E&S of Warrendale, Penn. This is a step in Garnet Underwriting Managers’ continued advancement of its cannabis …
February 20, 2020
Berkshire Hathaway Specialty Insurance (BHSI) announced further expansion of its European team, naming Daniel Weinmann as head of Customer & Broker Engagement in Germany. Weinmann comes to BHSI with more than 20 years of insurance industry experience. He was most …
February 20, 2020
AXA announced the appointment of Scott Gunter as chief executive officer of AXA XL. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the group. Gunter was previously senior vice president of Chubb Group and president …
February 20, 2020
Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and natural disasters, as well as expenses for its U.S. casualty business, sending its shares lower. Net profit in the year …
February 20, 2020
A woman accused of stealing from a Beatrice, Neb., insurance agency has been fined $400. Gage County Court records say Nicole Nelson paid the fine; the 45-year-old had pleaded no contest to a misdemeanor theft charge. She originally was charged …
February 20, 2020
The Oregon Occupational Safety and Health Administration has fined two companies for safety violations that led to the deaths of two workers at a Portland, Ore., area music festival. OSHA issued $31,000 in fines to Pickathon LLC and GuildWorks LLC …
February 20, 2020
The estate of a man who was killed in a drunken driving crash in 2017 and a crash victim who survived are suing the Prineville, Ore., bar that over-served driver Justin Bittick. The estate of Stephan Mitchell Leader-Bowles filed suit …
February 20, 2020
Flagstaff, Ariz.’s mayor hailed a federal agency’s commitment of $52 million for a major flood control project, saying it will protect the northern Arizona city from potentially catastrophic effects of flooding from storm runoff while promoting economic development of currently …
February 19, 2020
United Fire Group Inc. on Tuesday reported a loss of $23.2 million in its fourth quarter. On a per-share basis, the Cedar Rapids, Iowa-based company said it had a loss of 93 cents. Losses, adjusted for investment gains, were $1.04 …
February 19, 2020
A fire at a Citgo refinery in in Corpus Christi, Texas, has been extinguished with no injuries, according to the petroleum company. The fire began in a pipeline owned by a third party shortly after 8:30 a.m. on Monday and …