Three years after flooding from Tropical Storm Irene made most of Vermont’s state office complex in Waterbury unusable, its replacement is rising out of what was a sodden mess that reeked of the nearby Winooski River. An 86,000-square-foot office building …
San Francisco, Calif.-based Woodruff-Sawyer & Co. announced today that Casey Soares is joining the firm as a vice president and property specialist. Soares will partner with client and prospect teams while serving as an additional resource for market negotiations with …
Its successes in reducing its insured population and securing low cost catastrophic coverage are driving the request by Florida’s state-backed property insurer for a statewide average 2.9 percent decrease on residential policies. Citizens Property Insurance Corp. officials in a public …
A home-repair program in New York City has been sprinting to meet a self-imposed deadline to signal a turnaround in Superstorm Sandy recovery, and officials say they’re positioned to pass their test of rebuilding both houses and confidence. The milestone …
Insurance broker and risk consultant Marsh reported that Thadd Wallace has joined the firm as a managing director in the Global Risk Management Practice in Atlanta. In this role, Wallace will work with Don Bailey, head of industry and sales …
Halliburton Co. agreed to pay $1.1 billion to settle a majority of lawsuits brought over its role in the largest offshore oil spill in U.S. history. The agreement is subject to court approval and includes legal fees, the Houston-based company …
An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any “significant” cyber attacks, downplaying concerns about possible breaches at JPMorgan Chase & Co. and other banks. The group, known as …
A fissure eruption near Iceland’s Bardarbunga volcano was still spouting lava on Monday but no ash, a day after an eruption that briefly caused the country to raise its ash alert level for aviation to its highest level. Iceland’s largest …
The Bermuda-based Argo Group International Holdings announced that Jose Ribeiro has been hired to the newly created position of head of international, effective immediately. He will be based in the company’s London office. Ribeiro joins Argo from Generali where he …
Latitude Brokers Ltd., previously the Marine Division of Cooper Gay Asia, has been launched as a separate entity. The change follows the receipt of regulatory approval in July 2014 by the Hong Kong Confederation of Insurance Brokers. The newly incorporated …
