National QBE Insurance Group has appointed Todd Jones as CEO North America, succeeding Russ Johnston who the company said has decided to seek opportunities outside of QBE. Jones joins QBE from Willis Towers Watson, where he was most recently head …
State insurance officials say Jefferson City, Missouri, residents made more than $170 million in insurance claims after a tornado hit the city on May 22. Missouri Department of Insurance data shows insurers paid out more than $122 million for those …
A survey of 41 major corporations by broker Willis Towers Watson found that 61% believe political risk levels increased in 2019 while 68% have actually suffered a political risk loss. Disruption of international trade was considered the most significant risk …
Michigan drivers who want unlimited medical coverage for crash injuries will pay $100 per vehicle starting in July, which will be 55% less than the record high $220 annual fee they currently pay. The Michigan Catastrophic Claims Association, a state-created …
The United States and China have agreed on the terms of a “phase one” trade deal that reduces some U.S. tariffs on Chinese goods while boosting Chinese purchases of American farm, energy and manufactured goods and addressing some U.S. complaints …
Note: This is been updated with a statement from Lara’s office. The FAIR Plan today filed a petition for a writ of mandate seeking to have a court annul, vacate, or withdraw an order issued last month by the California …
Five Argo Group directors plan to retire as of the beleaguered company’s 2020 annual meeting, the company disclosed on Dec. 11. Argo, a Bermuda-based specialty insurer and reinsurer, said that the decision is part of a “proactive refreshment process” announced …
Insurance Agents & Brokers (IA&B) opened an office in Annapolis, Md., on December 1. The organization also operates an office outside of Harrisburg, Penn. The location allows access to the Maryland State House, as well as a central meeting place …
Concord Specialty Risk has hired Matthew Edgette as vice president of Tax Insurance Underwriting, where he will take on a leading role in Concord’s Tax Insurance practice. Edgette will be based in New York, N.Y. For the last two years, …
J.M. Wilson has promoted Jennifer Councell to senior fleet underwriter in its Portage, Michigan, office. She is responsible for evaluating transportation fleet submissions (11-plus units); quoting new and renewal transportation fleet business, binding and servicing new and existing policies, and …
