April 29, 2015
French reinsurer SCOR reported that the April renewals saw SCOR Global P&C’s gross written premiums increased by 5.8 percent from €374 million [$411 million] to €396 million [$436 million], at constant exchange rates as of December 31, 2014. SCOR also …
April 29, 2015
Willis Group Holdings plc reported its results for the three months ended March 31, 2015, which show that total reported commissions and fees for the period were $1.081 billion, down 0.9 percent from $1.090 billion in the first quarter of …
April 29, 2015
PartnerRe Ltd., the reinsurer that agreed to combine with AXIS Capital Holdings Ltd., said it would refuse to answer questions on its first-quarter earnings call about the unsolicited $6.4 billion buyout offer from EXOR SpA. PartnerRe’s board is evaluating the …
April 29, 2015
The Florida House passed a bill Monday to study and regulate fracking, as well as prevent local governments from banning the oil and gas drilling practice. Democrats strongly opposed the bill, saying hydraulic fracturing would put the water supply at …
April 29, 2015
Six ride-related injuries have occurred at Walt Disney World during the first three months of 2015, and seven were reported at Universal. The major theme-parks released their quarterly injury reports to Florida as part of an agreement with the state. …
April 29, 2015
Federal prosecutors say a central Georgia hospital system has agreed to a multimillion dollar settlement to resolve allegations of fraudulent Medicare billing. Authorities say the Medical Center of Central Georgia has agreed to pay $20 million to settle claims that …
April 29, 2015
Dallas, TX, April 29, 2015 – Texas All Risk General Agency, Inc. has been awarded the rare distinction “Exemplary Agent” by Nautilus Insurance Group (a W. R. Berkley Company). Nautilus gives this designation to only two 2 MGAs per year. …
April 29, 2015
Marsh has launched Marsh Cyber Monitor and Marsh Cyber View, new cyber risk assessment services to help the risk management community effectively understand, measure, and manage their cyber risk. These offerings are part of a broader effort by Marsh to …
April 28, 2015
The owners of the Green Cactus Collective Medical Marijuana Dispensary in Palmdale, Calif., were arrested on multiple felony counts of insurance fraud. Tiffany Shorter, 26, and Jabe Satterfield, 77, failed to carry workers’ comp benefits for their employees and allegedly …
April 28, 2015
Venture Insurance Programs, a program administrator in West Chester, Pennsylvania, promoted Chris Anciborenko to chief financial officer. In this new role, Anciborenko is responsible for strategic financial planning and execution, budgeting and forecasting across all financial platforms, and change initiation …