Berkshire Hathaway GUARD Insurance Companies (formerly known as GUARD Insurance Group) has begun offering businessowner’s policy (BOP) and umbrella coverage in Illinois. The company already has an established presence in the state with workers’ compensation premium totaling about $10.5 million …
Energi and HDI-Gerling America have entered into a multi-year agreement to extend their risk management and insurance programs to certain segments of the United States downstream, midstream and upstream energy markets. Energi provides distribution management, underwriting, policyholder services and loss …
Marsh & McLennan Companies Inc., the global insurance and professional services provider, reported revenue growth of 7 percent in the second quarter. “This was our strongest quarterly revenue performance in two years, with all operating companies contributing,” said President and …
Two U.S. legislators urged the government to study whether American passenger jets should be equipped with devices protecting them against missiles like the one that brought down a Malaysian airliner over Ukraine and projectiles fired near Tel Aviv’s airport. U.S. …
The National Collegiate Athletic Association would provide $70 million for concussion testing and diagnosis of current and former NCAA athletes as a part of an agreement to settle claims in several head-injury-related lawsuits. The settlement, which also includes educational initiatives …
A board tasked with compiling a list of animals that are illegal to keep as pets in West Virginia will consider one that’s shorter than a list suggested earlier. Media outlets report the state Wild and Dangerous Animal Board will …
Powerful storms that raked across several states in the eastern U.S. on Sunday destroyed at least 10 homes in Tennessee, but there were no immediate reports of any deaths or injuries, authorities said. Spokeswoman Gina Breeding with the office of …
Could Warren Buffett’s Berkshire Hathaway Inc. threaten the stability of the financial system? The U.S.’s top regulators are asking themselves this question as they consider whether Berkshire and other large insurers should come under Federal Reserve oversight. The answer is …
The average total cost of risk (TCOR) for businesses rose two percent from $10.70 per $1,000 of revenue in 2012 to $10.90 per $1,000 of revenue in 2013. It is the third year in a row the cost trend has …
Auto insurance rates that fell sharply after deregulation in Massachusetts are climbing again. The Boston Globe reports that five years after Massachusetts began to allow insurers to set their own rates, the average premium was about the same as it …
