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Aspen Enters Recreational Marine Market

Aspen U.S. Insurance has entered the recreational marine insurance market. Its products will be distributed through an exclusive agreement with the Atlanta-based Axiom Insurance Management, Ltd. The focus will be on marinas, yacht clubs, boat dealers, boat manufacturers and boat …

IIABNY Advises Motorists: Don’t Skimp On Auto Liability Insurance

The Independent Insurance Agents & Brokers of New York is advising motor vehicle owners not to skimp when they buy auto liability insurance. Auto liability insurance pays for amounts the insured person owes as damages for bodily injuries and property …

Thomas Becomes Partner in RSI

Bill Thomas has partnered with Ben Thomas and Barry Rabune of Costa Mesa, Calif.-based of RSI Insurance Brokers, a property and casualty insurance company that focuses on the transportation industry. RSI recently expanded, creating a sister company called RSI Employers …

ACE Completes $107M Acquisition of Agribusiness Insurer Penn Millers

ACE Limited announced on Wednesday that it has completed its acquisition of Penn Millers Holding Corp. for approximately $107 million in cash. The two companies first announced the deal in September. Penn Millers Holding’s primary insurance subsidiary, Penn Millers Insurance …

Perry Named Atlas Audit Manager

Atlas General Insurance Services has named Robin Perry as audit manager. Perry will be responsible for developing a new premium audit department for San Diego, Calif.-based Atlas. Perry joins Atlas with over 25 years of experience in premium audit management. …

Dallas-based SIG Insurance Rebrands as CoVerica

Dallas-based insurance agency SIG Insurance Professionals has rebranded as CoVerica. The company said the rebranding reflects its proactive, creative attitude and marriage of great technology with top tier customer service. The company’s new tagline, “Endless Insurance Solutions,” reflects the many …

Judge Allows Indiana State Fair Victims to Form Class

A federal judge certified all of the victims of the Indiana State Fair concert stage collapse into a single class in a lawsuit challenging a law that caps the state’s liability at $5 million, but she concluded the plaintiffs are …

Jury Awards $27M in Damages Over Indiana Explosion

A jury has awarded $27 million in damages to a family over a propane explosion at a central Indiana horse farm that killed a man and injured three family members. The Morgan County jury reached the damages award against defendants …

Aon Introduces Tenant Rent Default Coverage

Aon has partnered with QBE Insurance Group to offer a product that will reimburse U.S. landlords for lost incomes when tenants default on rent payments. “Rent default coverage has been sold overseas for years, but has not been available in …

Labor Department Accuses Cargill of Discrimination at Arkansas Plant

Labor officials have moved to cut off federal contracts held by one of the nation’s largest meatpackers, saying it discriminated against women and non-Asians at a plant in Arkansas. The U.S. Labor Department claims Cargill Meat Solutions discriminated against more …

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