The captive management firm USA Risk Group, based in Montpelier, Vt., said the EIM took the step to give its U.S. members more access to the program and to improve service. The captive will be run fro
Jersey City-based ISO's Gary Kerney, assistant vice president, property claim service, said in an e-mail statement: "PCS designated the event [the storms in Washington and Oregon] a catastrophe, but i
Jersey City-based ISO's Gary Kerney, assistant vice president, property claim service, said in an e-mail statement: "PCS designated the event [the storms in Washington and Oregon] a catastrophe, but i
As a result of the internal review, ACE said it concluded that its net loss reserves for the Brandywine operations were adequate, and therefore no change to the carried net reserve was required, while
"Buyers are increasingly looking outside of the commercial insurance market for alternatives," said Phillip Ellis, chairman of Willis Global Energy, in a statement. "Add to this the gap that exists be
San Diego Superior Court Judge William H. McAdam ordered Paul Frederick Mayer and David Gordon Archer, owners of Mayer Roofing, to pay full restitution to State Fund, plus $81,649 in investigation cos
State Automobile Mutual Insurance Company, based in Columbus, Ohio, said it has agreed to acquire the Beacon Insurance Group, headquartered in Wichita Falls, Texas. Terms of the deal were not released
A session to discuss guidelines used by insurers to rate customer risks turned into a debate between consumer and industry representatives over redlining allegations at last week's meeting of the
Even if U.S. Senator Tim Johnson, D-S.D., recovers from last week's sudden illness, the turn of events set in motion by his incapacitation shows insurance lobbyists that one traffic accident or heart