The federal government is urging a federal court to dismiss a Mississippi lawsuit seeking to halt flood insurance rate hikes until an affordability study is completed. In arguing for the suit dismissal, the Federal Emergency Management Agency (FEMA), which administers …
Aon plc. announced that Dominic Christian, CEO of Aon UK Ltd and Executive Chairman of International at Aon Benfield, has been elected to the Council of Lloyd’s for a three-year term beginning February 1, 2014. The Council of Lloyd’s is …
ANV Holdings BV, the Dutch headquartered specialty insurance business founded by R. Matthew Fairfield, announced that Mark Abrahams has joined the firm to lead its Property Underwriting team for ANV Syndicate 1861. He has more than 15 years of experience …
The Global Federation of Insurance Associations (GFIA) has written to the governments working towards a Trade in International Services Agreement (TISA) to express support for their efforts. “The GFIA strongly supports the idea of a new Trade In Services Agreement …
In an assessment of the prospects for insurance market in 2014/15, Swiss Re’s latest report concludes that “global economic growth will continue to strengthen in 2014, which will in turn “support on-going premium growth in the non-life primary market, particularly …
A pledge by world powers to ease ship insurance sanctions on some Iranian oil exports is likely to take months to come into effect due to complex law and regulation and to insurers’ unease over providing cover. A deal struck …
Insurance Director Bruce Ramge has approved the two property/casualty insurance companies to domicile in Nebraska. American Interstate Insurance Co. and its wholly-owned subsidiary, Silver Oak Casualty Inc., were previously domiciled in Louisiana. Both are subsidiaries of Amerisafe Inc. American Interstate …
Lawsuits and alleged safety violations are mounting against Exxon Mobil Corp. following the rupture eight months ago of a pipeline that spilled thousands of barrels of oil in central Arkansas. Since Exxon’s Pegasus pipeline ruptured March 29 and spilled the …
Gilmer, Texas-based independent insurance agency, Williams Insurance Agency, announced it has opened a second location in Diana, Texas. Williams Insurance Agency is one of the seven professional independent insurance agencies that make up NTX Insurance Group which specializes in providing …
Michelle Raue has joined State Auto’s Western Region in Austin, Texas, as claims regional manager. Raue assumes responsibility and oversight for the local execution of the group’s claims strategy, claims quality and customer service. She brings 17 years of claims …
