True story: The agent convinced the owner of several apartment buildings to purchase a pollution liability policy – because of the age of the buildings and the presence of asbestos and lead. A tenant’s young child ate some of the …
Many UK firms are failing to adequately assess their customers and trading partners for cyber risk, and are more vulnerable to cyber attacks themselves as a result, according to a study published by Marsh. Marsh’s Cyber Risk Survey Report found …
RSA, one of the largest UK commercial insurers, has appointed David Wyatt to the newly created role of development director within its Global Specialty Lines (GSL) business. Reporting to Nick Donovan, head of Sales and Customer Management, Wyatt will be …
Lloyd’s has published the results of a study that examines the “vulnerability of the overstretched global food system to sudden shocks, and the wide repercussions for communities, businesses and governments.” Lloyd’s said the scenario, produced in conjunction with UK and …
Warren Buffett’s Berkshire Hathaway Inc. will pay A$500 million ($388 million) for a stake in Insurance Australia Group Ltd. as part of a plan to expand in the region. The agreement will give Berkshire 20 percent of IAG’s insurance premium …
Hartford, CT, June 16, 2015 – Worldwide Facilities, Inc., a nationwide leader in the wholesale insurance industry, is proud to announce the opening of its new office location in Connecticut. This new location will help the company expand its services …
Six Central Florida insurance fraud arrests that break down an elaborate Central Florida workers’ compensation insurance fraud scheme were made this week, according to an announcement by Florida Chief Financial Officer Jeff Atwater. An investigation led by the Department of …
Georgia will spend $10 million to add officers to the state law-enforcement division focused on watching and inspecting commercial trucks, Gov. Deal announced June 11 along a stretch of interstate where tractor-trailers recently caused a pair of crashes that killed …
Mayors in several major Alabama cities are working to clear roadblocks to bring ride-hailing company Uber and others like it to their areas. “If it can work in Nashville, if it can work in Charlotte, then it can work in …
North Carolina’s highest court ruled June 11 that Duke Energy has years to clean up leaking coal ash dumps as outlined by a new state law. The state Supreme Court overruled a lower court judge’s decision that the country’s largest …
