York Risk Services Group Inc., the insurance claims services provider owned by private-equity firm ABRY Partners LLC, is exploring a sale that may value the business at more than $1.5 billion, people with knowledge of the matter. York Risk is …
People were plucked off rooftops or climbed into their attics to get away from fast-rising waters when nearly 2 feet of rain fell on the Florida Panhandle and Alabama coast in the span of about 24 hours, the latest bout …
Burns & Wilcox Brokerage has hired Joe Gajewski and Clay Kadlic for its newly opened Tampa, Florida, office. In his new role as vice president at Burns & Wilcox Brokerage, Gajewski will lead the new Tampa office and report to …
Insurers in Florida could not use credit information to deny a claim or cancel a policy under a bill now headed to the desk of Florida Gov. Rick Scott. The Florida House voted unanimously for a bill that would also …
ACE Group has launched ACE 2488 Global D&O, an enhanced global directors & officers (D&O) liability insurance proposition for multinational organizations. Adding Lloyd’s coverage through ACE Syndicate 2488 to its existing suite of D&O products enables ACE to provide protection …
Loggers spurred by the high price of walnut wood have been illegally cutting down trees on private property in southern Wisconsin, a sheriff said. Rock County Sheriff Robert Spoden told Wisconsin State Journal this week that landowners confronted loggers on …
In Texas, approximately five percent of all vehicle fires are intentionally set, which accounts for $3.5 million in vehicle fire losses, according the Texas State Fire Marshal’s Office. “Vehicle arson is not a victimless crime,” said Texas State Fire Marshal …
The town of Greenwich in Connecticut has reached a $2.4 million settlement with its insurance company to cover damage to municipal buildings and other property by Superstorm Sandy in October, 2012. The Greenwich Time reports the settlement with insurer AIG …
A CSX Corp. crude train derailed in Lynchburg, Virginia, Wednesday, sparking a fire in at least three tank cars, spilling oil into a river and forcing a partial evacuation of the city’s downtown. No injuries were reported, and the fire …
On the banks of Lake Conway in Arkansas, Michael and Christina Saville had what they regarded as their perfect home, a suburban retreat that attracted an abundance of animals. They say they will again, too. The Savilles lost their roof …
