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Allianz Launches Workers’ Comp Unit for Aviation Risks

Allianz Global Corporate & Specialty (AGCS) has entered into an agreement with the National Air Transportation Association (NATA) through which it has established a new aviation workers’ compensation department. AGCS will serve as the underwriter for this broker-driven program offering …

Federal Government Awards $157M to South Carolina for Flood Recovery

South Carolina and two counties hardest hit by last fall’s catastrophic flooding will share $157 million from the federal government, the U.S. Department of Housing and Urban Development announced Monday. HUD Secretary Julian Castro said the state will receive nearly …

TV Host Erin Andrews Testifies in $75M Civil Suit Over Illegal Hotel Videos

Sportscaster and TV host Erin Andrews took the witness stand in Nashville this week in her $75 million civil lawsuit, breaking down repeatedly and telling jurors of the devastation she continues to feel after a man secretly shot nude videos …

Top 25 P/C Insurance Carriers, Groups by Line of Insurance: NAIC

The National Association of Insurance Commissioners (NAIC) has published market share data indicating the degree of market concentration in property/casualty insurance. The 2015 market share data for property/casualty insurers include countrywide direct written premium for the top 25 groups and …

5 New Jerseyans Charged With Filing False Applications for Sandy Funds

Five people are charged in New Jersey with filing false applications for Superstorm Sandy relief funds. Prosecutors allege the suspects, in most cases, sought money from the Federal Emergency Management Agency. In many cases, prosecutors say they also applied for …

Michigan’s Accident Fund Holdings Rebranding as AF Group

Accident Fund Holdings Inc., based in Lansing, Mich., announced it is rebranding as AF Group. The company said the transition reflects the organization’s unified, collective strength while positioning it for future growth and diversification. Founded in 1912 as a Michigan …

Delaware Regulators Recovered $1.9M for Policyholders in 2015

The Delaware Department of Insurance said the department last year recovered more than $1.9 million for policyholders, and helped business owners save nearly $9.3 million in workers’ compensation insurance costs. The department returned over $1.9 million to consumers in two …

Ohio-Based American Modern Insurance Taps Kleiner for CEO

Andreas Kleiner has been named president and chief executive officer of American Modern Insurance Group, a subsidiary of Munich Re, effective May 1. He succeeds Manny Rios, who left the position in August. Kleiner has served as a member of …

Marsh & McLennan Acquires Missouri-Based Aviation Solutions

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, announced it has acquired Aviation Solutions LLC, an aviation risk advisor and insurance broker based in Lee’s Summit, Mo. Terms of the transaction were not disclosed. Founded …

Florida State Appoints MarketScout’s Kerr to College of Business Insurance Council

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