The Arbella Insurance Group in Quincy, Massachusetts, announced the appointment of Joseph L. Salerno II as vice president of claims. Reporting to Arbella COO Janet Corcoran, Salerno will lead the entire Arbella claims organization and will be responsible for all …
Authorities across New Jersey are advising the owners of homes and commercial buildings to remove snow from their roofs. The advisories come after dozens of roof collapses were reported across the state in recent days. The collapses are mostly due …
A federal jury has awarded $975,000 to the estate of a Florida woman who died in a Pinellas County Jail cell. The jury made its decision in the case of Jennifer DeGraw, 50, who was taken into custody after her …
The House of Representatives should defeat flood insurance legislation passed by the Senate in January because it “would have the effect of misleading tens of thousands of homeowners concerning their vulnerability to flooding, undermine the flood program’s viability and increase …
With property/casualty insurance and life and annuity companies having a great year in 2013, bonus funds were up above targeted amounts for 80 percent of them, Towers Watson reported. In an item posted on Towers Watson’s Executive Pay Matters blog, …
One-third of U.S. employers plan to move their workers’ healthcare coverage to a private exchange in the next few years, a survey found, following the lead of companies like Walgreen Co. seeking to reduce costs. While 95 percent of employers …
Capital is pouring into the casualty reinsurance market from both traditional property catastrophe reinsurers looking to offset rate reductions in their own sphere, and now also from the capital markets, according to Andrew Newman, Global Head of Casualty at Willis …
London’s financial services center would lose access to the wider European Union should Britain quit the bloc, the EU’s justice chief said on Monday, warning that such a move would reduce its status to that of an offshore center. Viviane …
Liberty Mutual Insurance Group has announced the company’s entry into Malaysia’s $4.6 billion non-life insurance market with its planned acquisition of Uni.Asia Capital Sdn Bhd’s 68.09 percent stake in Uni.Asia General Insurance Berhad (Uni.Asia General) for approximately $113 million. The …
Homeowners in some of Britain’s wealthiest districts face a drop in property values and the prospect their homes may be uninsurable as record floods blight towns along the River Thames. About 5,800 homes have been flooded in towns including Chertsey, …
