Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services and certain affiliates for cash in a transaction that further diversifies Aspens’s specialty insurance business. AgriLogic, headquartered in Overland, Kansas, is a specialist U.S. crop insurer and agricultural consultant that reported …
The U.S. Supreme Court will consider whether a federal agency’s procedures have made it too easy to successfully cancel patents after agreeing last Friday to decide a case involving a vehicle speedometer that alerts drivers if they are speeding. The …
Dale Arnold, who worked for Wisconsin plastics maker Flambeau, chose not to take his work-sponsored health assessment and biometric screening. The company responded by pulling his insurance coverage. Like many employers, Flambeau uses a wellness program to cut insurance costs …
The U.S. Supreme Court refused to take up a new constitutional challenge to the Affordable Care Act, turning away an appeal that said lawmakers used flawed legislative procedures to pass the measure. Opponents of President Barack Obama’s healthcare law were …
California homeowners have until Feb. 20 to apply for up to $3,000 in funding for retrofits to protect their homes from catastrophic earthquake damage. The Earthquake Brace + Bolt program today opened the registration period for $4.8 million in seismic …
The sharing economy, expanded litigation, surplus capital, custom account underwriting and further consolidation are likely to challenge the U.S. casualty insurance marketplace in 2016, according to broker Marsh. Marsh expects that the new year will also see wider use of …
Cobalt Insurance Holdings Ltd., the London-based provider of Shariah compliant insurance and reinsurance has announced a strategic investment by Armour Group Holdings Ltd., the Bermuda-based diversified insurance group. Financial considerations were not disclosed. The strategy of Bermuda-based Armour focuses on …
Guy Carpenter & Co. has appointed Susanne Miller-van der Schild as managing director, Guy Carpenter Benelux, effective 1 February. Miller-van der Schild will be responsible for further developing Guy Carpenter’s platform in the region, and in particular strengthening its position …
Total non-life insurance linked securities (ILS) capital reached a record $70 billion at year-end 2015 – topping the previous record of $65 billion at year-end 2014, according to the latest ILS market update from Willis Capital Markets & Advisory, the …
PZU SA appointed Michal Krupinski, an executive at Bank of America Inc. and former deputy treasury minister, as chief executive officer of Poland’s largest insurer, in the latest change as Poland’s new government extends its influence over the economy. Krupinski, …
