Willis Group Holdings announced that 12 new members have joined its two UK broker networks, Willis N2 and Willis Commercial Network, both of which ally with local, independent insurance brokers in the UK. Willis Commercial Network added Chesham Insurance Brokers, …
A.M. Best Europe – Rating Services Limited has commented that it expects to assign a financial strength rating (FSR) and an issuer credit rating (ICR) to UK-based QBE Re (Europe) Limited) on or shortly after 30 September 2012. Best said …
Hartford, Conn.-based SPARTA Insurance Company has appointed Ralph E. Jones III as president and chief operating officer. Jones brings to SPARTA more than 30 years of experience in property/casualty underwriting. He has been serving as chief executive officer at Jones …
RLI Corp. is now offering a reduced liability attachment point for its personal umbrella policy for Florida residents. Personal umbrella coverage is now available to customers whose primary residence is in Florida and who have a minimum homeowners liability limit …
Aspen US Insurance will expand its marine capabilities in the U.S. by offering brown water hull, protection & indemnity, and marine liabilities coverages. These new product offerings result from Aspen US Marine’s expansion of its existing business relationship with Axiom …
The Chartis Insurers have added PLL Hospitality Protect to their NextGen Protection suite of industry specific insurance products. Environmental pollution exposures related to the hospitality and leisure industry remain a challenge to manage with new risks constantly on the rise. …
Japan is providing money for cleanup of debris from that country’s tsunami last year. KTUU-TV reported that Alaska will receive $1 million from Japan. The money is part of a $6 million appropriation for the task to the U.S. and …
A Utah company known for its “Will it Blend” YouTube videos has been awarded millions in a suit claiming a company ripped off its unique blender design. The Daily Herald of Provo reported the U.S. Court of Appeals upheld a …
Federal safety regulators have cited seven construction companies for exposing workers to asbestos hazards at a San Antonio construction work site. Proposed penalties total $148,000. The U.S. Department of Labor’s Occupational Safety and Health Administration said three Miami-based contractors and …
New Jersey’s Division of Workers’ Compensation has recently proposed an amendment that would increase the 2013 maximum weekly benefit rates from $810 to $826. The rates would be applicable for temporary disability, permanent total disability, permanent partial disability, and dependency …
