RVI Group, a Stamford, Conn.-based provider of residual value insurance, has appointed Wei Fan to lead its Passenger Vehicle Insurance and Analytics businesses. Under Fan’s leadership, the Passenger Vehicle Insurance and Quantitative Analysis teams, which partner closely on business development …
Connecticut officials have received official assurances that CVS Health Corp. will keep Aetna Inc. in Hartford for at least the next decade. The pledge is included in a commitment letter CVS delivered Wednesday to the Connecticut Insurance Department. CVS had …
Independent Lloyd’s broker AFL Insurance Brokers Ltd. (AFL) has appointed of Julia Moretti as director – casualty, effective September 2018. Moretti joins the AFL team from JLT Reinsurance Brokers Ltd., where she was partner and senior casualty producer in the …
The final insured property market losses for Extratropical Cyclone Xavier, based on loss data collected from affected insurers, is €324 million ($372.5 million), according to estimates issued by PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. This …
Federal officials have cited Norwalk, Ohio-based American Excelsior Company for workplace safety hazards and proposed $213,411 in penalties against the company after an employee required hospitalization when he suffered a crushed arm. The U.S. Department of Labor’s Occupational Safety and …
Ohio-based Tower Hill Specialty is now offering property insurance in Illinois. Currently available in seven states, Tower Hill Specialty provides homeowners, dwelling fire, manufactured housing and condominium products. Insurance coverages for vacation homes, rental properties and fixer-uppers are some of …
Florida-based Seeman Holtz Property & Casualty, Inc. has acquired Spencer Insurance Agency LLC, headquartered in Hobe Sound, Fla. Spencer Insurance Agency has been serving the Eastern coast of Florida for over 25 years. Operating as a family business, offers coverage …
A natural gas company is releasing its plan for replacing aging pipelines and restoring service to thousands of homes and businesses affected by the natural gas explosions and fires north of Boston last month. Columbia Gas said Tuesday it’s deploying …
A construction crew repairing a water line accidentally struck a gas main in western Pennsylvania, sparking a fire that injured one worker. The blast in Bethel Park occurred around 2 a.m. Wednesday and burned for about two hours before the …
A Connecticut jury has awarded $1.6 million to a man who was seriously injured by a fork lift at a Sears warehouse in 2014. The Connecticut Post reports that the jury ruled in favor of Kevin Reid last Friday. The …
