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W.R. Berkley Reports Underwriting Income Up, Catastrophe Losses Down

W.R. Berkley Corp. reported that its gross premiums written grew by more than 10 percent in the 2019 fourth quarter, thanks in part to accelerated rate increases. But net income dipped compared to the same period a year ago, due …

Personal Info Possibly Compromised for 1,100 Insurance Users in Connecticut

The personal information and Social Security numbers of about 1,100 users of Connecticut’s state health insurance marketplace might have been compromised after a security breach last fall, officials said. Access Health CT users affected by the email security breach will …

IGI Gets Regulatory Nod from Bermuda After Merger with Tiberius Acquisition

International General Insurance Holdings Ltd. (IGI) announced it has received regulatory approval from the Bermuda Monetary Authority in connection with its previously announced business combination with Tiberius Acquisition Corp., a publicly traded special purpose acquisition company. This approval, received on …

Woodruff Sawyer Names Milano as Vice President of Management Liability

Woodruff Sawyer, an insurance brokerage in the U.S., has named Teresa Milano as vice president of Management Liability, effective immediately. Milano joins the Boston, Mass., office of Woodruff Sawyer, where she’s focusing on Woodruff Sawyer’s management liability practice comprised of …

Pennsylvania’s Graham Company Hires McIntire as Chief Technology Officer

Graham Company, based in Philadelphia, Penn., has hired Michael McIntire as chief technology officer, in which he will lead the development of Graham’s technology strategy and manage its execution. In this role, McIntire will work to develop solutions for employees …

Maryland’s Wye River Insurance Appoints Santarelli as President

Wye River Insurance has appointed Katherine Santarelli as president, leading day-to-day operations and providing strategic brokering and consulting services for the newly-formed insurance brokerage. The Baltimore, Md.-based boutique brokerage serves real estate and construction professionals in the multifamily industry. Santarelli …

R&Q’s Accredited Completes Portfolio Transfer from Lansen Försäkringsaktiebolag

Randall & Quilter Investment Holdings Ltd. (R&Q) announced that its wholly owned subsidiary Accredited Insurance (Europe) Ltd. has completed the transfer of business from Sweden’s Lansen Försäkringsaktiebolag, a wholly owned subsidiary of SAAB Aktiebolag. The transfer will help to enable …

Integro Announces Beard Is Stepping Down as CEO of Specialist Broker RFIB

Integro Insurance Brokers Holdings Ltd., the parent of UK-based firm Risk Transfer Group (RTG), which trades under the RFIB brand, announced that Steven Beard, CEO of RFIB will be stepping down, effective immediately. On Jan. 1, 2020, Integro completed its …

San Antonio Hotel Sued After Glass Bottle Falls on 2-Year-Old

A mother who says her 2-year-old son was seriously injured when a glass ketchup bottle fell on his head from a fifth-floor balcony of a San Antonio hotel is suing the establishment for at least $1 million. Cassandra DeLa Cruz’s …

Former Washington Insurance Agent Charged in $2.8M Premium Finance Case

Edward J. Chadwick, of Yakima, Wash., was charged this week with first-degree theft in Spokane County Superior Court. Chadwick was an insurance producer and owned an insurance agency called Kelt, primarily selling insurance to transportation companies. He was charged after …