Private Brokers More Active But Private Equity Still Leads in Agency Acquisitions June 13, 2017 Well-capitalized private equity investors still have an advantage among buyers of insurance agencies, but privately-held brokers continue to be among...
XL Catlin’s O’Malley Moves to StarStone to Lead Cargo Unit in London June 13, 2017 Global specialty insurer StarStone has appointed Rod O’Malley as of head of cargo in London. O’Malley is joining StarStone in...
Miami Neighborhood Considers Relocating Homes Amid Sea Rise Concerns June 13, 2017 A mainland Miami neighborhood prone to regular flooding from high tides and storms could be relocated amid preparations for rising...
Professional Insurance Agents of New Jersey Elects Renna as President June 12, 2017 Kacy Campion Renna of Wall Township, N.J., was elected president of the Professional Insurance Agents of New Jersey (PIANJ) at...
NTSB to Investigate After Train Strikes, Kills Worker in New York City June 12, 2017 Authorities say a Long Island Rail Road worker has been struck and killed by a train. The National Transportation Safety...
Ex-Officer in New Jersey May be Spared Prison Terms for Insurance Fraud June 12, 2017 A former police officer who fraudulently claimed his half-sister was his wife as part of an insurance fraud scheme to...
Miami Insurance Agent Accused of Stealing Nearly $25K From Clients June 12, 2017 A Miami insurance agent accused of stealing insurance premium payments from a client and providing fake insurance documents has been...
AmTrust Sells Shares in National General Holdings for $212 Million June 9, 2017 AmTrust Financial Services Inc. said it has agreed to sell shares it owns in National General Holdings Corp. for approximately...
Ed Broking LatAm Appoints Hernandez as Chairman; de Freitas Named CEO June 9, 2017 Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointments of Mike Hernandez to the role of chairman and...
U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report June 9, 2017 Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public...