An investment group from China will buy a big stake in in Ironshore Inc., a billion-dollar insurance holding company led by former AIG executives that filed plans for a $100 million IPO in June. Fosun International Ltd. has agreed to …
Maine Gov. Paul R. LePage and Maine Insurance Superintendent Eric Cioppa cautioned consumers and businesses that recent severe weather and flooding in Maine, throughout the Northeast and in other parts of the country increases the possibility of flood-damaged autos being …
The National Council on Compensation Insurance (NCCI) recently delivered a workers’ compensation loss cost filing to the New Hampshire Insurance Department. NCCI said that based upon its review of the most recently available data, it has proposed for New Hampshire …
Southwest Insurance Agents Alliance has expanded its team with the addition of Nate Call and William R. Gordon as regional vice presidents for Arizona. Both Call and Gordon will be responsible for membership service, development, and insurance company relations for …
Bolton & Co. named Greg Doherty an executive vice president and managing director of the dietary supplement practice group. Doherty has experience in the dietary supplement and nutraceutical industry, as well as experience working for brokerage and consulting firms. Prior …
USI Insurance Services announced it has entered into an agreement with certain subsidiaries of Willis North America Inc., part of Willis Group Holdings, to acquire seven of Willis’ retail insurance brokerage locations across the United States. Terms of the transaction …
Despite big storms and wildfires highlighting the need, home inventories are rare, say insurance industry experts. A recent Allstate Insurance survey of Atlanta homeowners found that while than more than 90 percent of homeowners are concerned about protecting their homes, …
A former Oklahoma assistant attorney general has filed a wrongful termination claim against the state. Ted Rossier filed the $175,000 claim with the State Office of Risk Management, The Oklahoman reported. He is seeking a statement “absolving me of any …
A state official says there is no active earthquake fault under the site of a proposed development in Hollywood. The Los Angeles Times reported geologist Stephen Testa said Thursday that there’s “a lot of strong evidence” that a fault is …
The U.S. Justice Department said it will file no criminal charges following a four-year investigation into the April 2010 explosion that killed seven workers at the Tesoro Corp. refinery in Anacortes, Wash. The decision was shared with victims’ relatives on …
