The South Central region of wholesale insurance broker All Risks Ltd. has tapped David Tuley, to commence its Houston operation. In addition, Katie Coffey joined All Risks’ Austin, Texas, office as a brokerage underwriter, handling MGA contracts and small business …
Roofs across eastern Massachusetts are collapsing or buckling under the weight of several feet of snow, but no major injuries have been reported. The Massachusetts Emergency Management Agency says it has received 74 reports of roof collapses since Feb. 9. …
New York state’s top court on Thursday reversed a 2013 ruling that found Barclays Plc liable in a $300 million dispute with hedge fund Black Diamond Capital over the British bank’s refusal to pay back collateral. Connecticut-based Black Diamond filed …
Insurance wholesaler J.M. Wilson has promoted Thomas Tobolic to property/casualty underwriter in its Portage, Mich. office. Tobolic is responsible for quoting new and renewal accounts for a wide variety of commercial property and casualty risks, as well as issuing policies …
ACE Commercial Risk Services, has launched new community associations directors & officers and employment practices liability insurance products. This coverage provides liability protections for homeowner, condominium and retail community associations. “In today’s increasingly litigious environment, community associations and their board …
A lack of adequate testing before the Minnesota’s health insurance exchange launched in 2013 and other issues meant the exchange’s “failures outweighed its achievements” in its first year, the legislative auditor concluded in a report released on Feb. 17. The …
The Texas Department of Insurance has issued a special data call to obtain information from insurance companies writing private passenger automobile insurance in Texas. TDI said the information requested is in response to legislative inquiries and pertains to bodily injury …
A bill filed in the Illinois House would form a new task force to address thefts of recyclable metals, including copper. The Belleville News-Democrat reports the panel would review efforts to combat theft and come up with new ideas. Findings …
The threat of a flood insurance nightmare in Louisiana’s Rapides Parish and elsewhere was delayed, but not eliminated, by Congress last year. But the threat is slowly diminishing as work proceeds to fix deficiencies in the Red River levees to …
An ex-worker at a Houston home decor store has pleaded guilty in a $2 million insurance scam in which customers intentionally fell and then filed claims. Sandra Johnson of Katy faces up to 20 years in prison. Prosecutors announced the …
