February 18, 2014
The National Hurricane Center has added one subtropical storm to last year’s tally of tropical weather. Forecasters said that as part of a routine review of data from the 2013 Atlantic hurricane season, a short-lived low that developed south of …
February 18, 2014
The widow of a former cigarette factory worker has lost her bid for a new trial seeking compensation for her husband’s death, contending that he died of exposure to asbestos while working and smoking at a factory that made cigarettes. …
February 18, 2014
Johnson & Johnson, a Charleston, South Carolina managing general agency, has acquired wholesale broker H.T. Bailey Insurance Group in Burlington and Quincy, Mass. Under its new ownership, H.T. Bailey will continue to offer products and services to independent agents and …
February 18, 2014
Arthur J. Gallagher & Co. said it has acquired Benefit Development Group of Selma, Alabama. Terms of the transaction were not disclosed. Established in 1986, Benefit Development Group (BDG) provides employee benefit consultation, management and brokerage services for full and …
February 18, 2014
Canadian Pacific Railway Ltd is slapping a surcharge on customers who transport crude in older tank cars, following its larger rival in seeking to deter shippers from using the model involved in a series of fiery crashes. CP Rail will …
February 18, 2014
Stephen Simchak, director of international affairs for the American Insurance Association (AIA), testified about trade and investment barriers that U.S. property-casualty insurers face in India at a public hearing before the U.S. International Trade Commission (ITC). He was the sole …
February 18, 2014
Willis Group Holdings has appointed Sara Benolken as the firm’s Global Industry Leader for Technology, Media and Telecommunications (TMT). She has “specialized in advising Willis’s TMT clients since joining the firm in 2007,” said the announcement, and “will lead the …
February 18, 2014
American International Group Inc. is plotting its entry into Malaysia’s Islamic insurance market, lured by the country’s economic expansion and an industry that has grown more than fivefold in less than a decade. The insurer, the world’s largest before being …
February 18, 2014
San Diego, Calif. (Feb. 18, 2014) – Atlas General Insurance Services, LLC, a national multi-line program manager, welcomes James Norris to the team as its chief actuary. In his position, Norris will be responsible for Atlas’ actuarial and analytic areas …
February 17, 2014
A Wausau, Wis., bank and a Fitchburg man have filed a class-action lawsuit against Target Corp. over last year’s massive security breach. Similar lawsuits have been filed in other states, but this is the first of its kind to be …