Kiln, the international insurance and reinsurance underwriting group, and a subsidiary of the Tokio Marine group, announced that it has launched a new Liability function to underwrite and support general liability risks. The new product line, which will be led …
XL Insurance, the global insurance operations of the XL Group, has promoted Gavin Bruce-Smythe to Chief Underwriting Officer (CUO) for its International Property & Casualty business. He previously served as Chief Underwriting Officer, Excess Casualty International. His new responsibilities as …
Bermuda-based RenaissanceRe Holdings Ltd. announced its initial loss estimates for the 2011 Australian flooding as well as the February 2011 New Zealand earthquake. The Company said it currently expects the Australian flooding and the New Zealand earthquake will have a …
Novato, Calif.-based Fireman’s Fund Insurance Co. announced that Andrea James has assumed the role of vice president, national sales leader. She will lead the National Broker team, which is responsible for accelerating profitable growth by delivering a differentiated operational model …
Nearing the close of its regular legislative session, Kentucky lawmakers enacted bills designed to crack down on fraudulent auto personal insurance claims and bring the state in line with new federal tax requirements for the surplus lines insurance industry. Lawmakers …
The Oregon Supreme Court has ruled that a claim for property damage arising from construction defects may lie in tort, in addition to contract, even when the homeowner and builder are in a contractual relationship. According to court documents in …
Indiana regulators fined Notre Dame $77,500 on Mar. 15 for six safety violations in the October death of a 20-year-old student who was killed when the hydraulic lift he was on toppled over in high winds while he was filming …
Allstate has launched a recruitment campaign across the West, seeking 15 exclusive agents in New Mexico, 34 in Arizona, 19 in Nevada and 20 in Utah. In New Mexico, targeted areas for agents include Albuquerque, Santa Fe and Las Cruces, …
As states in the West clean up tsunami damage, loss estimates are climbing, according to local officials. In Hawaii, the estimate — tallied by Gov. Neil Abercrombie’s office to be in the millions — combines damage to homes, businesses, hotels, …
Nearly all statewide elected officials, including insurance commissioner, could become political appointees under a bill narrowly approved by the Oklahoma Senate over the objections of members who complained the plan could lead to political patronage and corruption. The Senate voted …
