Fitch has revised its sector outlook on the U.S. property/casualty insurance industry to stable from negative for both the commercial lines and personal lines sectors. The ratings agency says that a stable outlook for the sector indicates that Fitch believes …
The RLJ Companies (RLJ) has entered into an equity arrangement with AV International LLC (AVI), a minority business insurance firm providing services for state government, municipal and corporate clients. The initial focus is on expanding AVI’s reach and capabilities in …
Anya Kutsina has been named managing director of U.S. RE Analytics LLC, a subsidiary of U.S. RE Companies Inc., an international financial services and reinsurance brokerage group. Kutsina has served as head of sales and marketing at Ultimate Risk Solutions, …
Leesville, La., officials say one of the city’s fire pumps is broken, the other was shut down after it burst a 12-inch pipe, and 17 hydrants need repairs or replacement. Mayor Robert Rose says that puts the city’s fire insurance …
Rural fire chiefs in Arkansas say they are finding it harder to recruit younger members to be part of rural fire departments. The time commitment coupled with the lack of financial benefits is taking its toll on area emergency services. …
At a hearing yesterday before the Florida Office of Insurance Regulation, Citizens Property Insurance Corp. officials blamed sinkholes as the major reason the public insurer needs a rate increase. Testifying at the public hearing in Tallahassee, Paul Palumbo, a senior …
Federal officials have decertified a dike that for half a century has protected the southwest North Dakota town of Marmarth from flooding by the Little Missouri River. That means Marmarth will be mapped as a flood plain, and lenders might …
Indiana Insurance, a Liberty Mutual Agency Markets regional company, is expanding its school marketing efforts in Iowa. Indiana Insurance currently insures more than 1,100 public districts, private and charter schools across its nine state Midwestern operating territory. Indiana Insurance tailors …
The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved one initial application and 15 renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Program. These …
Sword Insurance, which provides policy administration, distribution and related services, has relocated its headquarters to Sleeper Street in Boston. CEO Steve Hauck said the move brings all of Sword’s Boston staff into a single location, and better accommodates the firm’s …
