Memphis, Tenn.-based agency Hollis & Burns Inc. has joined Keystone Insurers Group as Keystone’s sixteenth franchise partner in the state. The announcement was made jointly by Hollis & Burns President Richard Hollis and Keystone’s Tennessee State Vice President Michele Bicknell. …
Aon Benfield’s latest edition of its Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during August, notes that Hurricane Isaac was “the first land falling hurricane along the United States’ Gulf Coast region since 2008.” …
BP executives wanted to concentrate blame for the Deepwater Horizon oil spill disaster on “blue collar rig workers” in order to save themselves, U.S. government lawyers wrote in a court document that until Thursday was partially redacted. According to the …
The insurance division of Royal Bank of Scotland says it plans to cut nearly 900 jobs as it prepares for a stock market flotation. The European Commission has set a deadline of 2014 for RBS to dispose of Direct Line …
Florida has a new wholesale insurance broker specializing in marine industry risks. Founded by Steve Cunningham, Theresa Proios-Jewell and other associates with marine insurance experience, Legacy Underwriters is based out of St. Petersburg. Cunningham most recently was with Wallace, Welch …
The North Atlantic hurricane season runs from mid-August to October, with a strong peak in storm activity around the middle of September. A less familiar but even more destructive pattern of disturbances is the financial hurricane season, which coincides with …
The U.S. government forecaster has issued its most definitive report since first raising the El Niño alert three months ago, forecasting a weak phenomenon that will last until the Northern Hemisphere spring. The latest assessment from the U.S. Climate Prediction …
American International Group Inc. said it raised $2.02 billion through the sale of a partial stake in its former Asian unit AIA Group Ltd, placing the shares at a surprise premium although analysts were disappointed at the size of the …
IBA West is entertaining a name change. The group, which represents several thousand brokers and agents and is comprised of 31 affiliated local associations, announced a special meeting slated for Oct. 12 to consider a recommendation by the association’s board …
Is a person hired to perform seasonal, part-time tasks for a company owner, based on a referral from an employee of the company, an employee or a temporary worker? It depends, according to Missouri’s high court justices, and if there’s …
