Business interruption (BI) and supply chain, natural catastrophes and fire/explosion top the list of company risks in 2014, according to the third annual Allianz Risk Barometer, which surveyed over 400 corporate insurance experts from 33 countries. The survey conducted by …
13 Jan 2014 20:12 A West Virginia chemical maker was sued along with a local water company over a spill into the Elk River in the state capital, Charleston, that left businesses and residents without tap water for days. Freedom …
U.S. juries awarded three verdicts of $1 billion or more for the third straight year in 2013, topped by a $1.2 billion award against Dow Chemical Co., the largest ever in a price-fixing case. Second was $1.1 billion awarded by …
The U.S. government said it would ramp up Obamacare outreach in 25 cities to lure younger people to the program after a report showed about 70 percent of the initial customers are 35 years of age or older. The effort …
German public-sector insurers, which include Versicherungskammer Bayern and Provinzial Nordwest Holding AG, are unlikely to merge, Fitch Ratings said. “There is no requirement for such a high number of public- sector insurers,” the ratings firm said in a statement today, …
Orlando, Fla. (Jan. 14, 2014) – Insurance Programs of America, a nationwide MGA and wholesale brokerage firm, announced a new addition to their hotel underwriting division. Lynn Vogel will be joining IPOA as an Underwriting Manager and Senior Property & …
Researchers are preparing to conduct a two-month study of earthquakes in central Virginia, a region that has a history of seismic activity. Twenty seismic stations are being installed for the study by researchers from Virginia Tech and the U.S. Geological …
The Corcoran & Havlin Insurance Group in Wellesley, Mass., recently announced it has merged with Needham, Mass.-based Sciarratta & Doucette Insurance Agency. Sciarratta & Doucette customers will now be served out of Corcoran & Havlin’s corporate headquarters in Wellesley, Mass., …
Huntington, West Virginia-based managing general agent Bloss & Dillard Inc. announced it has acquired and now operates Agents Insurance Markets Inc., a managing general agent in Richmond, Virginia. The new acquisition will continue to operate under the Agents Insurance Markets …
Maryland Gov. Martin O’Malley is acknowledging a troubled start for Maryland’s online health insurance exchange, but he predicted on Jan. 12 that the state will still meet its enrollment goal by the end of March. In an interview with CNN’s …
