Russia will suffer the economic and political fallout of the Ukraine crisis for years to come, according to Euler Hermes Group, the world’s biggest trade credit insurer. Euler Hermes expects Russia’s economy to contract 5.5 percent this year and 4 …
The Central Insurance Companies, headquartered in Van Wert, Ohio, has appointed John E. White to the board of directors for Central Mutual Insurance and All America Insurance Companies, and the Central Insurex Agency effective Feb. 27, 2015. White has also …
Carfax has created a new online source – Crashdocs.org – to instantly access automobile accident reports from police departments. Through one online spot, crash reports are available from police departments across the U.S. and from a rapidly growing number of …
Argo Insurance, the Bermuda-based platform for Argo Group International Holdings’ worldwide professional and casualty lines, has launched a new excess casualty facility. Effective immediately, the new offering provides an additional $25 million in limits for targeted industries. The new facility …
Anheuser-Busch can make beer, but they have to let other people sell it in Kentucky. The state Senate voted 23-13 to ban brewers from owning alcohol distributors, a sign of the increasing influence of the emerging craft beer industry over …
The Mississippi Senate has confirmed a physical therapist to serve on the three-member state Workers Compensation Commission. Beth Harkins Aldridge of Madison, Miss. was nominated for a six-year term by Gov. Phil Bryant. Aldridge had been chosen by Bryant to …
Workers’ compensation insurers should expect more cost shifting from group health plans as a key provision of the Affordable Care Act (ACA) takes hold, according to new research from the Workers Compensation Research Institute (WCRI). The claims shift is already …
The first set of lawsuits stemming from the crash of an Asiana Airlines flight in San Francisco two years ago have been settled, but dozens of additional cases remain after the accident that killed three Chinese teenagers and injured nearly …
Hull & Company Inc. has named Sherif Azer a commercial underwriter/broker in its Irvine, Calif. office. Azer focuses on commercial lines with the placement of E&S brokerage and MGA risks. Azer began his insurance career at Bass Underwriters in Culver …
The captive insurance program in Nevada outperformed growth and speed expectations by approving 26 captives in 2014, which resulted in a captive premium increase of $3.8 billion, Insurance Commissioner Scott J. Kipper announced on Thursday. He said 2014 was once …
