January 15, 2014
The Michigan Association of Counties Workers’ Compensation Fund announced the 2013 surplus premium totaled $2,581,929. It has been distributed to members of the fund. With over 70 public entities, the fund distributed dividend checks in late December, averaging a 35 …
January 15, 2014
Eighteen of 20 tanker cars carrying oil that derailed in the fiery crash of two trains in North Dakota in late December were punctured, spilling more than 400,000 gallons of crude oil, safety regulators reported. In a preliminary report, the …
January 15, 2014
Provider Group, an insurance brokerage and benefits firm based in Needham, Mass., appointed three new account managers: Christine Beaudin, Erica Blanchard and Jeannie Spiro. Beaudin joins as an account manager in the private client group, and comes to Provider Group …
January 15, 2014
A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Arden Reinsurance Company Ltd. , and has assigned a stable outlook to …
January 15, 2014
New Day Underwriting Managers LLC, a Bordentown, N.J.-based environmental and construction-related professional liability resource for insurance agents and brokers, has named Mara Majeeda as an account manager within the company’s construction practice. Majeeda joins New Day with over 10 years …
January 15, 2014
Red flag warnings remain posted as dry and gusty Santa Ana winds continue to buffet much of Southern California. The National Weather Service says a high-wind warning is in effect until noon Wednesday. In San Bernardino winds brought down a …
January 15, 2014
Ironshore’s U.S. Specialty Casualty unit has launched a new coverage option for U.S.-based companies with overseas operational risk exposure. Ironshore International Connect will provide excess casualty coverage for U.S. companies’ overseas operations on a locally-admitted basis, which is designed to …
January 15, 2014
ClearView Risk Holdings LLC, the Dallas-based holding company of Southwest Risk LP, announced that Jason Dalton has joined Southwest Risk as a casualty broker with an emphasis on the transportation segment. Dalton has more than 20 years in the insurance …
January 15, 2014
Risk Strategies Co., a national insurance brokerage and risk management firm based in Boston, announced it has acquired DataRisk LLC, a Portsmouth, N.H.-based risk management consulting firm offering risk management and specialized insurance brokerage services, including executive level personal lines. …
January 15, 2014
AssuredPartners Inc., through its Dawson Companies platform, has completed the acquisition of InSight Aviation Insurance in Richmond, Va. InSight Aviation is an agency that specializes in property/casualty insurance and risk management services for aviators and aviation businesses, from individual aircraft …