Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Tequesta Insurance Advisors, a personal, commercial, and employee benefits insurance provider in Florida. Terms of the transaction were not disclosed. With approximately $10 million in …
R-T Specialty, LLC’s Retired Directors Assurance Underwriting Services, a division of R-T Specialty, LLC, has a new binding authority for the Retired Directors Assurance (RDA) policy, which provides contingent liability coverage for individual retired Directors (Side A Coverage) on a …
A recent survey shows a decrease in seat belt use in Tennessee. The Governor’s Highway Safety Office and the Tennessee Highway Patrol announced that the statewide rate for the month of June is 86.2 percent, a decrease from the previous …
Beecher Carlson Insurance Services, LLC, a specialized large account insurance broker, has promoted Suzanne Flynn to managing director and leader, National Casualty Claims. Flynn will lead the claims team while providing claim processing, claim advocacy, loss analysis and case management …
Prime Minister Narendra Modi needs to offer much more than just his best intentions to clean up India’s whimsical tax regime to help convince insurers. Companies from Allianz SE to American International Group Inc. are avoiding offering tax-liability coverage in …
A significant increase in close encounters between passenger aircraft and drones is prompting demands from U.S. lawmakers for tighter regulation and enforcement to avoid a fatal collision. Pilots on four airliners spotted an unmanned craft on Sunday as they approached …
Google Inc. Chief Executive Officer Larry Page speaks affectionately of fellow billionaire Warren Buffett’s approach to business. With the decision to restructure the Internet-search giant, Page is putting Buffett’s influence into practice. Page on Monday said he’s restructuring Google so …
Insurance brokerage Hub International Limited announced that it has acquired the assets of Triangle Insurance Services Inc., an independent insurance agency based in Raleigh, North Carolina. Terms of the acquisition were not disclosed. Triangle Insurance specializes in providing property/casualty insurance …
Smile and the world smiles with you — unless you’re having your driver’s license renewed in New Jersey. It’s been three years since New Jersey instituted its “no smiling” policy for driver’s license photos — a measure designed to make …
Federal safety officials have proposed penalties totaling $162,400 against an Ohio-based steel manufacturer for exposing workers to workplace hazards. While Republic Steel has made a significant investment in personnel, training and safety improvements, workers are still exposed to serious fall …
