Treasury Recommends Some Terrorism Premiums Be Retained for Future Claims July 5, 2016 In a report that concludes that the federal terrorism risk insurance program “remains an important mechanism” for ensuring that terrorism...
UK Broker Network Compass Completes Management Buyout from Gallagher July 5, 2016 UK broker network Compass has completed a management buyout from Arthur J. Gallagher, for an undisclosed sum. The deal sees...
Swiss Re Corporate Solutions Names Brohm as CEO Latin America July 5, 2016 Swiss Re Corporate Solutions appoints Axel Brohm, an experienced Swiss Re executive, as CEO Latin America. Brohm will assume this...
Emerging Markets’ Claims Expected to Hit Coface’s 2016 Profit July 5, 2016 By Fabio Benedetti-Valentini Coface SA, a French export-credit insurer, warned Monday that higher-than-expected claims by companies trading with emerging markets may cut its...
NCCI Proposes Nearly 20% Florida Workers Comp Rate Increase July 5, 2016 The Florida Office of Insurance Regulation (OIR) announced July 1 that the National Council on Compensation Insurance (NCCI) filed an...
South Carolina Farmers Now Able to Apply for $40M in Aid July 5, 2016 By Jeffrey Collins When extension agent Charles Davis visits farms, he gets one question over and over again – when will South Carolina...
Florida Woman Sentenced to 4 Years for Stealing 652 Identities July 5, 2016 A woman in Broward County, Fla., will spend four years in federal prison after pleading guilty to possessing more than...
North Carolina Enacts Stricter Penalties for Boaters Under the Influence July 5, 2016 North Carolina has toughened penalties for boat operators who unintentionally kill or injure someone while under the influence of alcohol....
California School District Paying $10.5M in Chicken Suit Attack July 1, 2016 A California school district has agreed to pay $10.5 million to a former student who suffered brain damage when he...
Capital Insurance Group in California Names Janitschke Chief Actuary July 1, 2016 Monterey, Calif-based Capital Insurance Group has named Brian Janitschke chief actuary. His responsibilities will include directing the actuarial functions. As...