Madrid-based Mapfre is transferring its workers’ compensation and health activities in Argentina to the Argentinian company, Galeno. The transaction also calls for commercial collaboration between both firms, whereby Mapfre’s branches and exclusive agents in Argentina will continue to distribute these …
According to the National Hurricane Center (NHC), as of Wednesday, the center of Tropical Storm Sandy was located over the Caribbean Sea about 160 miles south of Kingston, Jamaica and 315 miles south-southwest of Guantanamo, Cuba. At this time, maximum …
Victims of a deadly U.S. meningitis outbreak are starting to sue the physicians and clinics that administered tainted steroid shots, and the success of the suits could hinge on whether judges decide the injections are subject to product liability or …
San Diego, CA, 10/24/2012 – ARROWHEAD General Insurance Agency, Inc. has hired Tim Grant as the Senior Vice President of Business Development for the Commercial Division. As of Monday, October 22, 2012, Grant began overseeing all of the Commercial Division’s …
Proper Authorization. I recently saw a situation where, in a divorce, one spouse deleted the prized vehicle of the soon to be ex-spouse to spite that person. Not knowing of the divorce, the agency complied. Of course the vehicle was …
ACE Group in London announced a series of appointments within its UK and Ireland region. Graeme McGeachie, currently London and South East corporate property and casualty underwriting manager, has been promoted to the position of London and South East regional …
Barclays PLC has set aside another 700 million pounds ($1.1 billion) to compensate customers who bought payment protection insurance which they didn’t need. The bank’s announcement raised its total provision for mis-selling insurance to 2 billion pounds, which it said …
Washington Insurance Commissioner Mike Kreidler is fining Ohio-based BCS Insurance Co. $500,000 for issuing hundreds of thousands of policies using unapproved rates and policy language. BCS Insurance has agreed to pay the fine. An additional $250,000 fine is suspended, provided …
Federal investigators have joined the investigation into last Wednesday’s fire at a Howard Johnson Inn on the Mississippi Gulf Coast. The fire burned through the roof of the three-story hotel, doing an estimated $4 million in damage. The Bureau of …
ISO has made revisions to its businessowners (BOP) product with many coverage enhancements to the form, including: Broader Debris Removal Additional Coverage to include the removal of debris of the property of others and to increase the debris removal limit …
