Some Connecticut lawmakers have resurrected a proposal from last year to expand the state’s workers’ compensation law to cover employees who’ve suffered an emotional or mental impairment after witnessing a traumatic death or maiming while on the job. Similar legislation …
Esurance, the direct-to-consumer insurance company, will open a new sales and claims office in Greenville, South Carolina, this summer that will employ up to 450 South Carolina residents. The insurer said job openings will include inside sales positions that can …
The Georgia House recently passed legislation allowing insurance companies to conduct all policyholder transactions over the internet instead of by mail as long as the consumer consents. The bill also allows policy documents and information to be posted online. House …
Willis Group Holdings announced that it has expanded its global Financial Solutions offering with the appointment of Azzizza Larsen to head a new political risk, terrorism and trade credit specialist unit in Copenhagen. Willis said the new unit would “focus …
The latest winter storm to pound Georgia with ice and snow caused an estimated $25 million in damage. State Insurance Commissioner Ralph Hudgens said that’s the dollar amount of claims filed with property/casualty insurers since the storm hit last week. …
Allstate Corp. said estimated catastrophe losses for the month of January were $277 million. The cost is $180 million after tax, the personal lines insurer said. Catastrophe losses were from six events at an estimated cost of $271 million, pre-tax, …
Since his ouster from American International Group Inc. in 2005, Maurice “Hank” Greenberg has been quietly building an insurance and investment conglomerate that people close to him describe as a mini version of Warren Buffett’s Berkshire Hathaway Inc. Greenberg’s $4.4 …
U.S. farmers and bankers have almost a year to get ready for major changes in 2015 as crop insurance rather than direct cash payments to producers becomes the centerpiece of farm policy under the five-year farm bill signed by President …
Swiss Re posted net income of $4.4 billion for 2013. The earnings report said the “result was driven by sustained, high profitability in Property and Casualty Reinsurance and very good performances by Corporate Solutions and Admin Re®. Life and Health …
Hardy (Underwriting Agencies) Limited, a specialist London-based re/insurance underwriting business, announced the appointment of David Brosnan as its chief executive. He has also been appointed to serve on the Hardy Board of Directors. “These appointments are effective immediately and have …
