The chairman of crucial U.S. House subcommittee said a bipartisan bill of its own that will renew the Terrorism Risk Insurance Act, or TRIA, will be unveiled in June. Rep. Randy Neugebauer, R-Texas, disclosed as much on May 20, in …
A report – “Dealing With Disaster: How Companies Are Starting To Assess Their Climate Event Risks” – from Standard & Poor’s London office points out that the “increasing frequency of extreme weather events such as flooding, intense storms, heat waves, …
BP Plc, seeking to avoid paying what it says would be billions of dollars in unjustified claims, will ask the U.S. Supreme Court to review a court order on a settlement tied to its 2010 Gulf of Mexico oil spill. …
Independent insurance network Brokerslink announced that it has reorganized its previous Europe, Middle East and Africa (EMEA) trading area by splitting it into two separate regions: Europe and Middle East & Africa (MEA). The bulletin said the change would “enable …
Commercial property/casualty insurance brokers Arthur Haas and Jeffrey King joined the Swantner & Gordon branch office of Higginbotham in Corpus Christi, Texas. Haas will serve the general business sector while King will concentrate on energy and habitational accounts. Haas was …
Leavitt Group of Boise has hired Deana Wood and Marisa Wood for it office in Idaho. The two are unrelated. Deana is a commercial account manager, and will service and maintain existing accounts and handle policy inquires. Marisa is an …
Senator Patrick Leahy, chairman of the U.S. Senate Judiciary Committee, said on Wednesday that he was taking a controversial patent bill off the committee’s agenda for now. The committee had been attempting to reach agreement on amendments to a bill …
Delaware troopers were busy this past weekend cracking down on traffic violations during a multistate enforcement safety initiative along Interstate 95. The Drive to Save Lives initiative was a one-day effort involving police in all 15 states along the I-95 …
ProSight Specialty Insurance is expanding its reach in the energy market with the launch of three new insurance programs designed for the business needs and exposures of solar energy contractors, propane and fuel dealers, and oil and gas contractors. The …
USI Insurance Services has appointed Michael D. Lezynski as president of USI’s West Orange, New Jersey, office.As president, Lezynski is responsible for all operations within the West Orange office, which includes property/casualty brokerage, employee benefits consulting, and personal lines placement …
