Dallas-based Towerstone Inc., a wholesale insurance broker and managing general agency, has added Emmanuel Ortiz as account manager and Justin Proctor as account executive. Ortiz will work in Towerstone’s managing general agency division where he will provide diverse market access …
Capitol Insurance Cos., a Madison, Wis.-based national provider of specialty property/casualty insurance and commercial surety products, has appointed Alan S. Ogilvie to the position of chief operating officer. Ogilvie joined Capitol in 2004 and was previously Capitol’s vice president, general …
Maryland-based broker All Risks has named Cindy Coleman business development manager for its nationwide REO/ force placed property insurance program. Coleman will oversee the expansion of the program’s reach to the western U.S. while also introducing other wholesale products and …
Frustrated by rising home insurance rates, some North Carolina residents want a greater role in the rate approval process and state lawmakers are looking to give it to them. The North Carolina Insurance Committee is considering a bill that would …
More than 200 of Kentucky’s 1,000 dams in Kentucky are considered high hazards, which threaten property, people and animals if breached. Marilyn Thomas, environmental engineer consultant for the Dam Safety Branch of the state’s Division of Water, told The Bowling …
A West Virginia risk pool created to provide property and liability coverage to counties around the state is looking to expand into workers’ compensation. The West Virginia Counties Group Self-Insurance Risk Pool Inc. was formed three-years ago by 19 member …
Chances for a deal this year in long-running world trade talks are fading and likely will remain remote unless world leaders become personally involved, an influential U.S. business group said Monday. “At the beginning of this year there was a …
According to Swiss Re’s latest sigma study, worldwide economic losses from natural catastrophes and man-made disasters were $218 billion in 2010, more than triple the 2009 figure of $68 billion. The losses cost the global insurance industry more than $43 …
Ship owners are calling on governments to curb the escalating threat from the increasingly audacious attacks by Somali pirates. The attacks are being blamed for “strangling key maritime supply routes and for costing the global economy up to $12 billion …
Warren Buffett’s Berkshire Hathaway took nearly $1 billion in writedowns on three stocks last quarter under pressure from U.S. regulators who disagreed with the company’s accounting for losses in those shares, according to a series of letters released Monday. The …
