K&K Insurance, a managing general underwriter offering insurance products and services to the sports, leisure and entertainment industries, has completed a major restructuring of its Martial Arts Schools Program. K&K has reduced account minimum premiums and expanded the eligible styles …
Willis North America named Keith Jurss as senior vice president, professional liability, Willis Construction Practice. In this role, Jurss will be responsible for leading professional resources for North America within the construction industry, as well as develop growth strategies and …
A New York private investment firm has taken a controlling interest in Virginia-based insurance broker, The Hilb Group. BHMS Investments has completed a controlling equity investment in The Hilb Group, which was formed in 2009 by former senior executives of …
Citigroup Inc. said computer hackers breached the bank’s network and accessed the data of about 200,000 bank card holders in North America, the latest of a string of cyber attacks on high-profile companies. Citi said the names of customers, account …
Companies using the Internet to do business should adhere to a code of conduct to reduce hacking and online theft, the U.S. Commerce Department said in a report issued Wednesday. The department recommended improved methods for authenticating identity in a …
A federal judge signaled that she would approve a settlement calling for Wells Fargo & Co. to pay $32 million to about 1,200 female brokers who claimed they were paid less than men and denied promotions because of their gender. …
Coal industry officials this week roundly criticized two sets of new safety rules proposed by federal regulators following an explosion that killed 29 West Virginia miners last year. The West Virginia Coal Association and Alpha Natural Resources, the third-largest U.S. …
Lawyers for President Barack Obama and plaintiffs representing 26 states presented oral arguments Wednesday in an appeal over the government’s healthcare reform law, a contentious cornerstone of Obama’s presidency. Here are the central arguments presented to the 11th Circuit Court …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of State Farm General Insurance Company, and has revised the outlook for both ratings to …
New Jersey-based Crum & Forster has made a management switch in its specialty lines in connection with the recent acquisitions of First Mercury Financial Corp., Valiant Insurance and American Management Corp. Richard H. Smith, chairman and CEO of First Mercury, …
