Chicago-based Aon Corporation and UK-based broker Benfield Group Limited announced that their respective boards of directors have reached agreement for Aon to acquire Benfield for £3.50 ($6.55) per share in cash and assume £91 million ($170 million) of Benfield net …
California, the nation’s leader in heat-related deaths among farmworkers, sought to turn that trend around three years ago with new laws aimed at ensuring people toiling in sweltering fields had such basics as a water break and an umbrella for …
An injured star in the 2008 Olympics may cost a country a chance at the gold, but the injury may cost the athlete’s pro team millions, according to the Insurance Information Network of California. Consequently, some teams are using insurance …
Encino, Calif.-based NAS Insurance Services has expanded its regulatory business interruption (RBI) insurance to include healthcare and medical risks — hospitals, long-term care and public health departments — in addition to coverage offered to restaurants, food suppliers/vendors, hotels, schools and …
In an expansion of its California operations, Edgewood Partners Insurance Center (EPIC), a retail property, casualty and employee benefits insurance brokerage, opened an office in San Francisco. The San Francisco office houses 24 employees and will eventually accommodate up to …
After months of separate discussion and negotiations, State Farm and Allstate insurance companies reached an agreement with Mississippi Insurance Commissioner Mike Chaney on details of homeowners insurance rate filings. Allstate Property and Casualty Co. will see a statewide average increase …
Florida Insurance Commissioner Kevin McCarty issued an advisory to remind Florida consumers and authorized insurers that the hurricane deductible of their homeowner’s policy does not apply at this time — because the National Hurricane Center has not upgraded Tropical Storm …
Mississippi’s rank as the leader in fire deaths in the nation could take a major blow soon and state fire officials couldn’t be happier. Their latest tool in the fight for fire death prevention is a nearly half-million dollar federal …
The Derek Hughes/ National Association of Professional Surplus Lines Offices Ltd. Educational Foundation scholarships went to two University of Alabama student. Recipient Aldrich Callins of Birmingham, Ala. has attended college abroad in the United Kingdom, Japan, Botswana and Australia. He …
Lockton Connecticut has named Orlando Rodriquez vice president and unit manager for its Farmington-based commercial insurance team. Rodriguez brings to Lockton 14 years of experience providing risk management solutions to a diverse range of industries. He will manage a unit …
