Truckloads of rocks are being transported to the Georgia coast to stabilize an overturned cargo ship until it can be removed in pieces. The joint response team overseeing salvage of the Golden Ray said in a news release that 6,000 …
Swiss Re and Tokyo-based car electronics company Pioneer Corp. have co-developed a telematics solution that provides insurers with more personalized risk assessment, thereby supporting safer driving behavior. The telematics solution will be integrated in Swiss Re’s “Coloride”app and is set …
NI Holdings Inc. has signed a definitive agreement to purchase 100 percent of the issued and outstanding stock of Westminster American Insurance Company from private shareholders. Westminster American is headquartered in Owings Mills, Md., and underwrites commercial multi-peril insurance in …
Officials say a fire at an Alabama warehouse is the most disastrous in the city of Attalla’s history. Alabama State Fire Marshal Scott Pilgreen told the Gadsden Times Friday that investigators estimate warehouse losses at more than $50 million. Authorities …
The Hilb Group LLC (THG) has acquired New York-based Avanti Associates Ltd., comprised of Associated Insurance Agency of Westchester Inc., Comprehensive Insurance Brokerage Inc. and Bruce Farnham Associates Ltd. The transaction became effective October 1, 2019. Avanti is a full-service …
Authorities say an early morning fire that killed a woman and a six-year-old girl was sparked by an overloaded electrical circuit. The Clearfield County coroner on Monday ruled the deaths of 52-year-old Mary Beth Erickson and the child accidental. Fire …
The Liberty Company Insurance Brokers has announced a new affiliate relationship with Resurgens Risk Management (RRM) of Atlanta, Ga. Established in 1999 by Willie Burks, RRM is a full-service brokerage and consulting firm specializing in property/casualty and benefits for the …
Tokio Marine Kiln (TMK) has launched its flagship cyber product, Cyber Ctrl, targeted at insurers in Asia. The product covers a range of first party losses including business interruption and provides clients with crisis management support in the wake of …
Velocity Risk Underwriters, LLC, has expanded its home insurance products to include coastal homeowners policies in New Jersey. According to Jose de Diego, director of Independent Agencies, New Jersey is the sixth state Velocity Risk offers homeowners insurance to coastal …
Miami Specialty Risk has launched a new cyber and technology E&O facility available in all 50 states. Backed by Lloyd’s of London, the Miami Specialty Risk facility is comprised of three products: SME Cyber and Tech E&O; FranchisoRap – Franchisee …
