St. Louis, Missouri-based specialty insurance and reinsurance provider, Safety National Casualty Corp., is changing its executive management structure, effective April 1, 2020. Steve Luebbert, chief operating officer, will retire after a successful 44-year career in the insurance industry. Luebbert has …
The Oklahoma Insurance Department (OID)’s Oklahoma City office is relocating to a new facility, effective Feb. 10. The new location is 400 NE 50th St. in Oklahoma City. As part of the moving process, email and network access will be …
R-T Specialty LLC has named Jason Lentz national practice leader of its private client group. Lentz, who is based in Las Vegas, Nev., has been with RT Specialty for more than three years and has focused on high net worth …
Insurance broker Aon has appointed Emma Carpenter as global super yacht leader. She will join Aon in London in early March and will drive the development of Aon’s super yacht insurance broking business globally. Carpenter brings 17 years of experience …
Rating firm AM Best said it expects that China’s non-life insurance market will experience limited losses from the ongoing coronavirus outbreak. The analysts based their outlook on factors including the central government’s announcement to undertake all medical expenses related to …
AM Best has downgraded the Long-Term Issuer Credit Rating to “bbb” from “bbb+” and affirmed the Financial Strength Rating of B++ (Good) of Crusader Insurance Co. The outlook of the Long-Term ICR has been revised to stable from negative while …
A federal jury has decided that Apple Inc. and Broadcom Inc. must pay $1.1 billion to the California Institute of Technology for infringing on patents. Apple was on the hook for nearly $838 million of the damages awarded in a …
An Alaska industry group predicted a decrease in 2020 construction spending due to a lower number of earthquake repair projects. The Associated General Contractors of Alaska forecast a decline in construction spending this year of $500 million, or about 6.9%, …
A Waymo self-driving minivan operating in manual mode was involved in a rear-end collision in a Phoenix suburb caused by a sedan’s reckless driving, the company said Friday. The collision occurred late Thursday night in Tempe when the sedan “erratically …
Officials are reminding Merrimack Valley residents that Friday is the deadline to file a claim in the $143 million class action settlement stemming from 2018’s natural gas explosions and fires. Lawyers encourage anyone impacted to file a claim, even if …
