It’s a common saying in the cybersecurity industry that if you haven’t yet suffered a cyberattack, you soon will. According to the Identity Theft Resource Center, this year alone has seen more than 600 data breaches and more than 78 …
The Difference Between Single and Double Digit Growth 2014 was certainly a joyful year in the insurance distribution industry. MarshBerry recently released the 2014-2015 Market & Financial Outlook Report outlining key statistics and trends within the agent and broker space. …
The Hanover Insurance Group Inc. in Worcester, Massachusetts, reported $89.9 million net income for the 2014 fourth quarter, a 28 percent rise from $70.1 million income during the 2013 fourth quarter. The net income also increased on a full-year basis. …
W.R. Berkley Corp. reported a stellar fourth-quarter in terms of premium growth, but net income dipped at year-end due in part to investment return challenges. Berkley’s 2014 Q4 net income is booked at $110.7 million ($0.83 per diluted share), versus …
Two years ago on Christmas Day, veteran Police Officer Roderick Doda and new Officer Eric Schnieder suffered head and neck injuries when their cruiser was rammed by a car involved in a chase in Bridgeport, Connecticut. It could have been …
QBE North America’s has expanded its specialty lines offerings with the launch of a new Transactional Liability Practice. The Transactional Liability Practice, led by Dennis Kearns, QBE senior vice president & underwriting counsel, will underwrite two new products – representations …
The Main Street America Group has introduced an expanded workers’ compensation program through its independent insurance agents in Georgia and North Carolina. According to Dan Gaynor, vice president and head of commercial lines, the expanded coverage options and pricing levels …
A.M. Besthas removed from under review with negative implications and affirmed the financial strength rating (FSR) of B++ (Good) and the issuer credit rating (ICR) of “bbb” of Stonetrust Commercial Insurance Co. (Stonetrust) in Baton Rouge, La. The outlook assigned …
For at the last 15 months, Kansas geologist Rex Buchanan estimates, he’s spent 90 percent of his time studying something once relatively rare in the state — earthquakes. He has learned a lot, said the director of the Kansas Geological …
XL Group and insurance program administrator ProHost USA have added an extra layer of insurance protection to its umbrella excess insurance coverage product offering for fine dining and casual restaurants. “Restaurants can face some significant risks and claims,” according to …
