May 14, 2014
When it comes to the $846 million construction borrowing package being debated at Minnesota’s Capitol, many wonder if it’s it too big to fail. Or in the case of Gov. Mark Dayton, is too big to veto? Dayton threw a …
May 14, 2014
Burlington, N.C.-based Axiom Re LP, an indirect subsidiary of Brown & Brown Inc., has acquired certain assets of Axia Strategies Inc. in Minnesota. Following the transaction, Axia’s principals and their team will continue to serve their clients from Axia’s existing …
May 14, 2014
Allied World Assurance Co. Holdings has launched an initial property /casualty offering in the Canadian market. Gord Kerr, senior vice president, chief agent and branch manager, will oversee the buildout of these lines and will be responsible for production, profitability …
May 14, 2014
Scottsdale Insurance Co. has partnered with Virtue Risk Partners, LLC to offer a commercial package product. Virtue Risk Partners will offer commercial package products, including commercial general liability, professional, excess, environmental, commercial auto, and storage tank compliance coverages. The products …
May 14, 2014
Lloyd’s of London underwriters will have surplus lines eligibility in Kentucky when new legislation there goes into effect in July, meaning they will have surplus lines eligibility in all 50 states. It also means Lloyd’s underwriters will be able to …
May 14, 2014
After a spate of fiery derailments, the scramble to make North Dakota’s Bakken crude oil safer when it’s being transported on trains has focused on better tracks, slower speeds, and reinforced railcars that bypass urban areas. But that is starting …
May 14, 2014
Gregg Allman has agreed to drop his lawsuit against movie producers who were making a film about the singer’s life when a freight train plowed into their crew and killed a camera assistant in Wayne County, Georgia. Attorneys for the …
May 14, 2014
New York’s investigation into whether Airbnb Inc. allows users to run illegal hotels hit a setback when a judge ruled that a request for information about the service’s rental home providers was too broad. Acting Supreme Court Justice Gerald W. …
May 14, 2014
The West Virginia coal mine where a collapse this week killed two workers had “chronic compliance issues” and received numerous citations from inspectors last year, federal authorities said on Tuesday. The Patriot Coal Corp.’s Brody Mine No. 1 collapsed about …
May 14, 2014
Anti-China rallies sparked by the placement of an oil rig in waters near Vietnam damaged factories owned by Taiwanese companies, with some plants closing as Vietnam detained hundreds of protesters. Vietnam’s government has called for the removal of the Chinese …