Insureon, an online insurance delivery platform for small business owners, said it has agreed to acquire Insurance Noodle, an online wholesale insurance broker, from Willis Group Holdings. The transaction is expected to close later this month. With the acquisition, Insureon …
Preliminary figures from the Tennessee Department of Safety and Homeland Security show the state had 988 traffic fatalities in 2013. That’s only the fourth time in 50 years the number has dipped under 1,000. The 2013 number is a more-than-2 …
Despite urging by the state’s insurance commissioner that they withdraw their bid, North Carolina homeowners insurers are unlikely to withdraw their request for a 25.3 percent average rate hike. The data supports the requested increase, according to Ray Evans, general …
The Hilb Group, LLC said it has acquired Hockman Insurance Agency Inc. of Tampa, Florida. The transaction was effective January 1, 2014. Terms were not disclosed. Hockman Insurance will continue to operate at its current location under the leadership of …
The Bermuda-based Argo Group International Holdings, Ltd. announced the establishment of a new sidecar reinsurer for the 2014 accident year, Harambee Re Limited, which it said “continues Argo Group’s use of sidecar partners following the creation of Harambee Re 2013-1 …
The National Football League could spend more than $914 million to settle claims brought by former players over head injuries, according to a proposed agreement submitted for court approval. The amount includes $675 million to compensate players for a specified …
Orange groves in Florida, the world’s biggest grower after Brazil, escaped cold weather damage overnight as frigid air set records across the Midwest. The coldest spots in Florida citrus groves were near freezing, and oranges aren’t damaged unless temperatures are …
Farmers and oil drillers may be required to report their use of explosive chemicals under measures the Obama administration is considering to avoid disasters such as a Texas blast that killed 14 people last year. Policy options from an inter-agency …
Marsh Inc. (UK) announced that it had reached a definitive agreement to acquire Aberdeen-based Central Insurance Services, the leading independent insurance broker in Scotland. The transaction is anticipated to close later in the first quarter of 2014. Marsh said it …
The Chief Executive of budget airline Norwegian Air Shuttle, Bjoern Kjos, plans to meet Boeing management in the United States next week to discuss problems with its Dreamliner planes, Norwegian media reported on Sunday. Norwegian Air, Europe’s third-biggest budget airline …
