Swiss Re announced that its reinsurance business unit is undertaking changes in its organizational set-up of special lines. “Agriculture and Aviation Reinsurance will be no longer under the same roof and will be separated,” the bulletin said. “Kurt Maureder, who …
A group of insurance trade organizations – American Council of Life Insurers (ACLI), American Insurance Association (AIA), Association of Bermuda Insurers & Reinsurers (ABIR), General Insurance Association of Japan (GIAJ), Property Casualty Insurers Association of America (PCI), Reinsurance Association of …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Swiss Reinsurance Company Ltd and its subsidiaries. Best also affirmed all debt ratings of Swiss Re and its subsidiaries. …
Tim Holt, Head of Intelligence for Alert: 24, a new risk and crisis management consultancy from Willis Special Contingency Risks (SCR), followed up his earlier comments by warning that the “possible spread of Islamic terrorism from Mauritania in the West …
Insight Specialty Programs (ISP), a developer and marketer of insurance, non-insurance and telematics products and services, has formed a new partnership with GoAgents.com, a cloud-based distribution platform that provides agents with online tools to cross-sell insurance related products to their …
ACE USA’s Medical Risk & Life Sciences Division has introduced four new coverage endorsements: media event expense, disciplinary proceeding defense, emergency evacuation expense, and patient property damage. The new endorsements are designed to supplement ACE’s current primary hospital and miscellaneous …
Critics of Gov. Rick Snyder’s call for more money to fix Michigan’s ailing roads and bridges are pointing to the state’s highway weight limit as the problem. The Detroit Free Press reports that Michigan has the highest maximum truck weight …
A Bryan, Texas, chiropractor has entered a plea of guilty to engaging in a conspiracy to defraud various automobile insurance companies of more than $3 million, according to United States Attorney Kenneth Magidson. Chase Lindsey, 34, is the co-owner of …
Kelli Reyes, of Wauseon, Ohio, has been sentenced by the Fulton County Common Pleas Court to 10 months in prison after pleading guilty to felony insurance fraud, Lieutenant Governor and Department of Insurance Director Mary Taylor announced. Reyes was also …
The number of fire-related deaths in Ohio dropped last year to a 26-year low, with the state fire marshal attributing part of the decline to the unusually mild winter. It was the second year running that Ohio saw double digit …
