February 17, 2015
The Legislature is passing a bill that would include tree wells as one of the risks of skiing in Montana. Senate Bill 164 will go to Gov. Steve Bullock next for his consideration. Sponsored by Republican Sen. Brian Hoven of …
February 17, 2015
San Francisco, Calif.-based Woodruff-Sawyer & Co. has named four executives as partners: Kim Armanasco and Michelle Droz from the San Francisco office, Jared Pelissier of the Southern California office, and Brad Wagenaar in the firm’s Hawaii office/Risk Solutions Partners. Armanasco, …
February 17, 2015
The Main Street America Group has promoted Jeff Kusch from Western region president to senior vice president/head of field operations and Tiffany Daly to president of its Western region. Kusch has been the company’s Western Region president since 2012. He …
February 17, 2015
The National Insurance Crime Bureau advised that as the Northeast continues to get pounded by storm after storm, there’s one more threat that Bostonians need to watch out for: shady contractors or “storm chasers” looking to make a fraudulent buck …
February 17, 2015
She bought draperies flecked with Swarovski crystals. The ceiling mural at her “Gone with the Wind”-inspired mansion in Doylestown, Pennsylvania, featured her family in robes, gazing down from the heavens. And Claire Risoldi’s grand Republican fundraising soirees included the time …
February 17, 2015
Lloyd’s of London insurers Lancashire Holdings plc and Novae Group plc may be the next in line for takeover offers after Brit plc became the second U.K. firm within weeks to be acquired. Lancashire, which gained access to the world’s …
February 17, 2015
BP Plc isn’t covered under Transocean Ltd.’s insurance policies for the undersea well blowout that caused the 2010 Gulf of Mexico disaster, the Texas Supreme Court said, blocking the oil company’s access to $750 million for spill costs. The decision …
February 17, 2015
Anbang Insurance Group Co., which bought New York’s Waldorf Astoria Hotel, will increase the capital of Dutch insurer Vivat by as much as 1 billion euros ($1.14 billion) after agreeing to buy the company. Anbang, based in Beijing, won Dutch …
February 17, 2015
Ireland’s central bank said its probe into an accounting scandal at RSA Insurance Group plc’s Irish division is moving toward a conclusion and decisions on possible sanctions will be made once it’s completed. “An investigation into historical claims-reserving practices at …
February 17, 2015
At a time when the financial sector is racing to embrace digital technology to boost sales and drive profits, the traditionally staid insurance industry is in danger of falling behind. Some insurers are using developments such as telematics, or social …