Peabody, Mass.-based Energi, a provider of risk management and insurance programs for the energy industry, said Christopher Lohmann has joined the company as vice president of Alternative Energy Solutions (AES). Previously, Lohmann was a senior finance policy advisor at the …
Crum & Forster has made three appointments to its leadership team at CoverXSpecialty, which specializes in coverage for business with unique risks. Sam Anderson, a 32-year veteran of the insurance industry, has been named senior vice president of the newly …
The U.S. Environmental Protection Agency said it wants to gather public comment on whether it should require chemical manufacturers to disclose the content of fluids used for oil and gas production, a possible step toward greater federal oversight of hydraulic …
Project CAP, the organization formed to help local independent agents compete in the digital economy under the Trusted Choice brand, has raised $10 million from two additional carrier investors. The capital from the two new investors brings the total raised …
Swiss Re’s new Chief Financial Officer, David Cole, said high yields for insurance-linked securities [ILS], such as catastrophe bonds, may lure inexperienced buyers not prepared for the risks they carry. “The fact that no major natural catastrophes have occurred over …
The chances have increased over the past month that the much-feared El Nino weather phenomenon, which can wreak havoc on global crops, will strike this year, the federal U.S. forecaster said Thursday. In its monthly report, the Climate Prediction Center …
Fort Wayne, Ind.-based Brotherhood Mutual Insurance Co. promoted Mark Landrigan to the position of director – MinistryWorks. Landrigan will oversee all payroll service operations, including compensation and tax reporting. Landrigan, a certified public accountant (CPA), joined Brotherhood Mutual in 2012 …
American International Group Inc. sold coverage to clients with ties to Cuba, a nation sanctioned by the U.S., when the insurer was owned by American taxpayers after its 2008 bailout. The insurer agreed to a $279,038 settlement after telling regulators …
Vermont Gov. Peter Shumlin helped construction crews pour one of the first concrete footings Tuesday in what will become the new state office complex, replacing a series of buildings that became unusable after flooding from Tropical Storm Irene almost three …
Ironshore’s personal lines unit now offers an endorsement option for personal watercraft coverage for high net worth insured homeowners. Ironshore’s watercraft program provides “all risk” coverage for watercraft, including jet skis and boats. Coverage can be obtained for multiple boats …
