XL Group plc has announced preliminary net loss estimates for the earthquake that struck Christchurch, New Zealand on February 22, 2011, pretax and net of reinsurance and reinstatement premium, of approximately $70 million to $85 million, “the majority of which …
Aon Risk Solutions, the global risk management business of Aon Corporation, announced that it has appointed new leaders for its Professions practice in London, and has made a number of strategic new hires. The team provides specialized insurance brokerage and …
A proposal before Montana House lawmakers says referees need better lawsuit protection when officiating athletic events in the state. Senate Bill 4 recently heard in the House Judiciary Committee would raise the bar for what is required to sue an …
Walnut Creek, Calif.-based Heffernan Insurance Brokers has added Leslie Murphy to its board of directors. Murphy has been the CEO of W. Bradley Electric Inc. for nearly 20 years. With more than 200 employees, WBE is the sixth largest woman-owned …
Idaho companies could receive a $3.2 million break on taxes they pay on their workers’ compensation premiums over the next two years. The State Industrial Commission has about $17 million in the fund it uses to administer the state’s workers’ …
Austin, Texas-based Capson Physicians Insurance Co. announced it is licensed to underwrite in six additional states: Alaska, Arizona, Louisiana, Indiana, Missouri and Nevada. Capson’s medical malpractice protection is now available to healthcare providers in a total of 18 states. Capson, …
Schinnerer has launched its Railroad Protective program to address the risks faced by businesses that own, manage or work on property that has a railroad line running across or near it. Most standard general liability policies exclude liability coverage for …
Seventeen people covered by Oregon’s workers’ compensation system died on the job during 2010, the Department of Consumer and Business Services (DCBS) announced. The total represents an all-time low in Oregon and is likely tied, to some degree, to the …
The Hanover Insurance Group, Inc. has further expanded its suite of industry-specific capabilities—introducing a new offering for the growing number of record storage and destruction companies. These new and enhanced capabilities build on The Hanover’s portfolio of industry-specific offerings, which …
A.M. Best Co. reported it has downgraded the financial strength rating to F (In Liquidation) from D (Poor) and issuer credit rating to “rs” from “c” of Constitutional Casualty Co. (Constitutional), based in Chicago, Ill. On Jan. 7, 2011, Illinois …
