Liberty Mutual Insurance Group announced that Nick Metcalf has been named President and Group Managing Director of Liberty Specialty Markets, a new operation created by integrating the Company’s existing Lloyd’s Syndicate, Liberty Mutual Insurance Europe / LIU Europe and U.S.-based …
“Too much capacity chasing an insufficient amount of premium in both the downstream and upstream energy markets will cause a general softening of the energy market in the remainder of 2013,” according to to Willis latest Energy Market Review Newsletter. …
Global warming has slowed since 1998 even though humans are spewing ever more greenhouse gases and are almost certainly to blame for damaging the atmosphere. That’s according to a 36-page summary of a report from a United Nations panel released …
Small businesses won’t be able to enroll in new online health insurance marketplaces until Nov. 1 in most U.S. states, the latest delay for the Obama administration’s signature health-care law. Small businesses won’t be able to sign up their employees …
Arch Insurance Group, a subsidiary of Arch Capital Group Ltd., has increased limits of up to $5 million on its general liability coverage in the newly-formed Contract Binding Operations. The Arch Contract Binding Operations unit, which started operations earlier this …
Erie Insurance Arena is drawing rave reviews after reopening following a $47 million renovation that includes more seats, luxury boxes, wider concourses, new locker rooms and other improvments. The Erie Times-News reports about 600 people attended a private grand opening …
Louisiana Insurance Commissioner Jim Donelon says the state-run insurer of last resort has its lowest number of customers since Hurricane Katrina struck Louisiana eight years ago. Donelon says the Louisiana Citizens Property Insurance Corp. has 105,000 policies, representing about 3 …
Insurance Commissioner is inviting North Dakota’s insurance agents to attend the insurance department’s annual agent forums, scheduled for Oct. 7–11. Hamm, along with four other insurance department staff members, will travel to seven cities around the state to talk to …
About a dozen Slaughter, La., residents allege respiratory problems and diminished property values in a lawsuit filed in the wake of the Nov. 19 blaze that destroyed the Monolyte Laboratories Inc. chemical facility. The Advocate reports the suit, filed in …
A Marshalltown, Iowa, insurance agent accused of selling customers fake insurance policies has pleaded guilty to a charge of wire fraud in a plea agreement reached with prosecutors. In exchange for the guilty plea four other charges will be dropped …
