Navigators News

Navigators Promotes Savarese, Vaughan in Specialty Primary Casualty Unit

Navigators Insurance Co. has promoted Joe Savarese to president, U.S. Specialty Primary Casualty. He will be responsible for driving the strategy and development of the specialty primary casualty product portfolio across the U.S. wholesale market. Since joining Navigators in 2013, …

Navigators Completes Acquisition of Belgian Specialty Insurer for €35M ($41.3M)

The Navigators Group Inc. has completed the acquisition of Bracht, Deckers & Mackelbert NV (BDM), a specialty underwriting agency, and its affiliated insurance company, Assurances Continentales – Continentale Verzekeringen NV (ASCO). Both companies are headquartered in Antwerp, Belgium. Stamford, Conn.-based …

Chubb’s Draper Jumps to Navigators to Head International Casualty

The Navigators Group Inc. said that David J. Draper has joined the company as head of International Casualty. Draper is responsible for developing Navigators’ international casualty business outside of the United States in Europe, including in the UK, and in …

Talbot Launches Enhanced Terror Facilities for Singapore, LatAm, Dubai

Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., announced the launch of three enhanced Lloyd’s-led terror facilities in the Singapore, Latin American and Dubai markets. In response to the increasing demand for this distinctive coverage, these facilities …

13 Specialty Insurers Emerging As Takeover Targets: S&P

Standard & Poor’s sees a number of specialty insurers as potential takeover targets by both rival carriers and investors seeking to expand in the segment, thanks to stellar operating performance versus the P/C industry as a whole. The ratings entity …

Louisiana Governor Signs Bill Regulating Insurance ‘Navigators’

Louisiana’s “navigator” organizations that get grants to help consumers enroll in insurance under the federal health care law will have to be licensed by the state. Gov. Bobby Jindal’s office announced June 13 that the governor signed Republican Rep. Kevin …

Missouri Legislature OKs Criminal Checks for Health Advisers

Despite a federal court order against their current law, Missouri legislators voted to toughen requirements even further for people seeking to work as insurance guides under President Barack Obama’s health care law. A bill given final approval by the Republican-led …

Bill Would Regulate South Dakota Insurance Exchange Navigators

The navigators who help uninsured people sign up for insurance under President Barack Obama’s health care overhaul would be regulated under a bill in the South Dakota Legislature. The sponsor, Sen. Al Novstrup, acknowledges that he opposes the Affordable Care …

Missouri Sued Over Limits on Health Reform Advice

A coalition of medical organizations and health care advocates has sued Missouri over its requirement that only state-licensed counselors can serve as navigators in a program aimed at helping consumers sign up for coverage under the new online health insurance …

Concerns Raised in Louisiana about Navigating Health Exchange

State lawmakers said they are concerned about a shortage of people helping Louisiana residents sign up for new insurance options available under the federal health care law. The worries came up as the House and Senate insurance committees approved state …