September 16, 2013
Security First Insurance, one of Florida’s largest private property insurance companies, has told state regulators that it is going to lower rates by an average of 9.3 percent statewide. The lower rates will take effect for new customers on Oct. …
September 16, 2013
Managing general agency and surplus lines wholesaler, U.S. Risk Insurance Group Inc., has named Jennie Reed senior broker of the Dallas office of U.S. Risk Brokers. Reed brings with her more than 14 years of experience in the insurance industry …
September 16, 2013
Allstate reports that drivers that are signed up for its usage-based insurance program, Drivewise, will register more than one billion miles driven this month. Allstate also said that Drivewise is launching in Kentucky and Montana this week, making the usage-based …
September 16, 2013
Maurice “Hank” Greenberg, former head of American International Group Inc., said the Federal Reserve could disrupt financial markets by curbing bond buying too quickly and that Janet Yellen would take a measured approach. “It’s got to be done gradually,” Greenberg, …
September 16, 2013
Restaurant owners Colleen and Tim Holmes were considering opening a third business in a growing upstate New York suburb but decided against it. One factor was the risk from expanding their staff beyond 50 full-time employees and having to provide …
September 16, 2013
The state Supreme Court has denied a bid by institutional shareholders in the former Massey Energy Co. to revive a lawsuit they filed two weeks after the Upper Big Branch mine disaster. In an order released Friday, the justices upheld …
September 16, 2013
Berkley Underwriting Partners, a W. R. Berkley company, has changed its name to Berkley Program Specialists. The company said the change better reflects its sole focus on program business. “We decided to change our name to better reflect what we …
September 16, 2013
Over the next several weeks we will be releasing a series of video interviews, recorded at the Reinsurance Rendez-vous in Monte Carlo. They are wide ranging, covering a number of topics. They will air the views from some of the …
September 16, 2013
Citizens Property Insurance Corp. has filled a pair of key positions. Jennifer Montero will become Citizens chief financial officer. Montero, a certified public accountant who has served as interim CFO since June, has been with Citizens and its predecessor organizations …
September 16, 2013
Hundreds of thousands of people were advised or ordered to evacuate in Japan as Typhoon Man-Yi brought flooding, power blackouts and flight cancellations to the western and central parts of the country. At least one person died, while three were …