Hull & Company Inc. has hired Rob Flynn as a property/casualty broker in its Irvine, Calif. office. Flynn will focus his efforts in the commercial lines marketplace, concentrating on contractors, manufacturers and large property risks. Flynn began his insurance career …
Socius Insurance Services Inc., a management liability and property/casualty insurance wholesaler, has hired Brian Cone to join its Property & Casualty practice. Cone will be based in Birmingham. Cone’s former responsibilities included casualty brokerage and sales, as well as work …
The U.S. financial risk council adopted new transparency measures on Wednesday, after critics raised concerns the group was too secretive about its decision-making process. In a unanimous vote, the Financial Stability Oversight Council agreed to give the public seven days’ …
A Florida circuit court has found that a condominium owner’s property policy did not include coverage for the “explosion” of an advanced decompose body since it did not fall under a name peril listed in the insured’s policy. Florida’s Fourth …
Gov. Phil Bryant has called the Mississippi Legislature into special session starting Thursday to help pay state government’s share of recovery costs after the deadly April 28 tornadoes. The governor said Tuesday that lawmakers will be asked to provide up …
The fact that the workers compensation combined ratio was 101 in 2013, a seven-point decrease from 2012 and a 14-point decline since 2011, is a sign that the workers’ compensation market is returning to a state of “balance,” according to …
New York-based brokerage Integro Ltd. has appointed John Clements as chairman of the board of directors and Rocco J. Nittoli as vice chairman of the board. Integro is also forming a five-member executive committee to assume management responsibilities in wake …
The U.S. Department of Transportation has rebuffed a call by two Democratic senators to advise owners of 2.6 million recalled General Motors cars to stop driving them until they are repaired. In letters sent on Tuesday to Senators Edward Markey …
The U.S. Transportation Department issued an emergency order designed to reduce the risks of transporting crude from North Dakota’s booming Bakken region by rail, a week after an oil train derailed and burned in Virginia. The order requires railroads to …
Allianz SE, Europe’s biggest insurer, reported first-quarter operating profit that fell 2.9 percent, less than analysts estimated, and said it was maintaining its earnings target for the year. Operating profit was €2.72 billion euros ($3.8 billion) compared with €2.8 billion …
