January 6, 2016
Swiss Re Corporate Solutions has agreed to buy IHC Risk Solutions and its direct employer stop loss (ESL) business from Independence Holding Co. for $152.5 million in cash. The transaction includes IHC Risk Solutions’ operations, its team of experts and …
January 6, 2016
XL Catlin announced it has made a series of promotions in its energy team, which complete its U.K. and Ireland team of business leaders. Stephen Hawkins has been promoted to global product head for upstream energy, while Luis Prato takes …
January 6, 2016
JPMorgan Chase & Co. warned financial-services firms from banks to insurers could pull jobs out of the U.K. in the event of Britain voting to leave the European Union. Financial services would feel the “negative impact of Brexit“ most, which …
January 6, 2016
Tighter construction restrictions and incentives to build outside flood-prone areas would minimize damage to the U.K. economy from heavy rain and rising water levels, according to the Centre for Economic Performance. Thousands of families across northern England and Scotland have …
January 6, 2016
Reinsurance capital levels stabilized during the Jan. 1, 2016 renewals – showing no growth for the first time in several years – and prices continued to soften, according to Guy Carpenter & Co.’s global January renewal report. The scarcity of …
January 6, 2016
Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., announced the appointment of new global product heads as part of its strategy to leverage its global platform and better align product capabilities and distribution. These appointments are: Oliver …
January 6, 2016
Rocklin, CA, January 6, 2016- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) will be offering Fraud Protection at no extra charge to all California-based contractors that purchase their Victory Non-Admitted Contractor General Liability policy. The individual purchasing the General Liability …
January 6, 2016
Kansas’ 124 confirmed tornadoes in 2015 were 83 more than the previous year, tying for the fourth highest number since 1990, according to the National Weather Service’s preliminary data. Eric Metzger, a meteorologist for the weather service’s office in Wichita, …
January 6, 2016
State officials are investigating a fatal accident at an underground coal mine in southern West Virginia. The fatality involving a belt roller occurred early Monday at Greenbrier Minerals LLC’s Lower War Eagle Mine near Cyclone in Wyoming County, said West …
January 6, 2016
Five Mississippi counties hit hard by late December storms and tornadoes are eligible for federal disaster aid. The White House said Monday that President Barack Obama declared a major disaster in the state, making funds available to people and businesses …