Crestbrook Insurance Co., an affluent market personal lines carrier, has launched Crestbrook Wildfire Solution Program in collaboration with Wildfire Defense Systems (WDS), an insurance wildfire loss prevention and response company. The Wildfire Solutions program offers Crestbrook’s homeowners policyholders access to …
Environmental legislation that gives leeway to a North Carolina state panel in creating air pollution rules for fracking has been signed into law by Gov. Pat McCrory. The governor signed the measure soon after the Senate gave final General Assembly …
A.M. Best has downgraded the financial strength rating to B- (Fair) from B (Fair) and the issuer credit rating to “bb-” from “bb” of Greenville Casualty Insurance Co. (Greer, SC). The outlook for both ratings remains negative. The rating downgrades …
The Tennessee Supreme Court has announced the creation of a new business court pilot project that aims to make complex commercial litigation more efficient. The new pilot court will be located in Nashville and be overseen by Davidson County Chancellor …
Willis Re, the reinsurance division of Willis Group Holdings plc, has unveiled a new suite of flood solutions offering analytical capabilities that will enable insurers to proactively manage Canada flood accumulations. Based on the analytics provided by Willis Re’s strategic …
Ping An Insurance (Group) Co., China’s second-biggest insurer, rose to the highest in more than four years in Hong Kong stock trading on Thursday after it said profit jumped 40 percent last year. The shares advanced 4.6 percent to HK$92.60 …
Visiting his father in jail was a “blessing” of sorts for Hank Haldeman, son of H.R. Haldeman, President Nixon’s chief of staff who was convicted in the Watergate scandal and spent 18 months in jail. He would bring lunch for …
New Jersey’s state Senate on March 16 passed a bill (A-3905) that would allow motorists to display proof of auto insurance in either physical or electronic format. The bill was previously approved by the state Assembly and now heads to …
Domenick & Company, a Philadelphia-based independent agency specializing in providing property/casualty insurance and risk management services to the nonprofit sector, announced it has acquired the assets of Human Services Company, an independent agency in Baltimore that also caters to the …
Newport Beach, Calif.-based Beacon Pointe Advisors has acquired Albert Heeg Investment Management Co. Alameda, Calif.-based Albert Heeg joins Beacon Pointe’s institutional consulting services group, which specializes in consulting institutional clients, including foundations and endowments, healthcare organizations, educational and religious institutions, …
