August 9, 2012
New York-based Integro Insurance Brokers has acquired Allan Chapman & James Insurance Brokers Limited of Colchester, a United Kingdom insurance broker. Established in 1988, Allan Chapman & James specializes in insurance for the independent film, television and media industry sectors. …
August 9, 2012
A North Carolina appeals court said a car passenger wounded during a police chase on Asheville roads five years ago can continue to seek damages against officers involved in the pursuit but not the city’s now-retired police chief. The state …
August 9, 2012
A series of deadly January crashes on Interstate 75 could trigger more than a dozen lawsuits against the state of Florida. The Department of Highway Safety and Motor Vehicles acknowledged this week that it has received 13 lawsuit notices from …
August 9, 2012
Crashes happen every day. Most of the time, they are simple fender benders and those involved own up to their mistakes. Sometimes, there are witnesses who can fill in the blanks. Other times, however, drivers disagree about what happened, someone …
August 9, 2012
Dutch banking and insurance group ING now expects a quick sale of parts of its $7 billion Asian insurance business as it seeks to repay state aid and meet European requirements for its 2008 state bail-out, its chief executive said …
August 9, 2012
Bermuda-based Aspen Insurance Holdings Limited has announced changes to the management of its reinsurance segment (Aspen Re). Brian Boornazian (CEO, Aspen Re) will assume the position of chairman of Aspen Re. James Few (president, Aspen Re) will become CEO of …
August 9, 2012
According to catastrophe modeling firm AIR Worldwide Typhoon Haikui, the 11th typhoon of 2012 Pacific season, made landfall in Hepu Township in Xiangshan County of China’s Zhejiang Province at 3:20 am local time Wednesday, August 8. Maximum sustained winds at …
August 9, 2012
Hurricane Ernesto weakened to a tropical storm as it passed over Mexico’s Yucatan Peninsula. According to catastrophe modeling firm AIR Worldwide, Ernesto made landfall overnight as a Category 1 hurricane near the coastal community of Mahahual.” AIR said that, “although …
August 9, 2012
Swiss Re reported a net profit of $83 million for the second quarter of 2012, indicating that the figure was “impacted by the sale at a loss of $1.0 billion of the Admin ReĀ® US business.” Property & Casualty reinsurance …
August 9, 2012
Texas top regulator has posted a response to an email campaign addressing homeowners insurance rates and issues initiated by a consumer advocacy group. Hundreds of emails sent to Texas Insurance Commissioner Eleanor Kitzman on July 13 apparently overloaded the Texas …