North Carolina Insurers Seek Rate Hike on Dwelling Fire Policies January 5, 2011 North Carolina insurers are looking to raise rates from 7 percent to 25 percent, or an average 20.9 percent statewide,...
Brown & Brown Buys Balcos, Mike Howard Insurance in Washington January 5, 2011 J. Scott Penny, regional president of Brown & Brown Inc.; Mark S. Balcos and Scott N. Balcos, principals of Balcos...
Cunningham Lindsey Acquires Loss Adjusting Unit of GAB Robins NA January 5, 2011 Cunningham Lindsey has acquired the U.S. loss adjusting business of GAB Robins North America Inc. The global loss adjusting and...
AmerInst Professional Launches E&O Coverage for Small Law Firms January 5, 2011 When it comes to the legal profession, there are two known facts: claims against lawyers tend to increase in an...
Ironshore Forms Dublin Subsidiary; Marry Named as CEO January 5, 2011 Bermuda-based Ironshore Inc announced the formation of Ironshore Europe Limited, domiciled in Dublin, Ireland. Fiona Marry has been appointed as...
Nickel Named Wisconsin Insurance Commissioner January 5, 2011 Wisconsin Gov. Scott Walker has appointed Ted Nickel, an insurance company veteran, as commissioner of insurance and Dan Schwartzer, an...
DeLong Named VP, Regional Executive for Ironshore in Midwest January 5, 2011 Ironshore Inc. has appointed Yosha DeLong to serve as vice president and regional executive for the Midwest Region, based in...
Year-End Storms Cloud P/C Insurers’ Profit Picture January 5, 2011 By Ben Berkowitz U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses,...
Former AIG Employee Sues Accounting Firm, Board Over Audits January 5, 2011 A former employee of American International Group has filed a lawsuit claiming that PricewaterhouseCoopers was negligent in its audits of...
Ratings Recap: Century Insurance (Guam & Saipan), Taiping Re January 5, 2011 A.M. Best Co. has affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Century...