New National Parks’ Insurance Requirements Ignite Controversy September 6, 2012 By Amy O'Connor A National Parks Service (NPS) decision to hike their required insurance liability limits by 1,000 percent has some outfitters and...
Lexington Introduces CarbonCover Property Policy September 6, 2012 Lexington Insurance Co. has introduced CarbonCover ODS, a property insurance policy that addresses the emerging needs of the climate change...
Marsh & McLennan Names Bischoff Chief Financial Officer September 5, 2012 Marsh & McLennan Companies Inc. has appointed J. Michael Bischoff as chief financial officer, effective immediately. Bischoff will report directly...
Personal Lines Rates Inch Up in August: MarketScout September 5, 2012 Rates for personal lines insurance rose 3 percent in August 2012 compared to rates in August 2011, reported the national...
Prospects Fade for Early Settlement by BP with U.S. Over Gulf Oil Disaster September 5, 2012 By Sarah Young and Sinead Cruise Hopes BP can settle early out of court on liability for its 2010 U.S. Gulf oil spill looked forlorn on...
The Hartford to Sell Retirement Plan Unit to MassMutual September 5, 2012 The Hartford Financial Services Group Inc. on Tuesday said it would sell its retirement plans business to life insurer MassMutual...
Brownyard Group Develops Program for Small Pest Control Companies September 5, 2012 Brownyard Group, a program administrator providing specialized insurance coverage for select industry groups, has expanded its pest control program with...
AmWINS Buys Wisconsin School Insurance Broker, Smic September 4, 2012 Insurance broker AmWINS Group Inc. has acquired Special Markets Insurance Consultants, Inc. Smic is headquartered in Stevens Point, Wisconsin with...
Buffett’s Berkshire Hathaway Relying Less on Insurance Units September 4, 2012 By Josh Funk Warren Buffett’s recent birthday was good news for Berkshire Hathaway investors who could celebrate another year of the Oracle of...
Insurers Processing Estimated $1.2 Billion in Hurricane Isaac Claims September 3, 2012 By Jeff Amy Insurance claims from Hurricane Isaac have starting coming in, with one estimate saying losses to insurers could total $1.2 billion....