Al-Shabaab militants claimed responsibility for the bombing of a Daallo Airlines airplane, saying in a statement the attack was part of an operation aimed at dozens of Western intelligence officials and Turkish NATO forces flying to Djibouti. An English-language release …
Retaliation charges increased by nearly five percent in 2015 and continue to be the leading concern raised by workers across the country. Disability charges increased by six percent from last year and are the third largest category of charges filed. …
Lorraine Mackey has joined Hiscox’s London market energy team as an energy underwriter. Mackey’s appointment completes the team led by Charles Rawlins, energy line underwriter, and also includes Louis Cozon. Previously at AXIS Capital, Mackey has six years’ underwriting experience …
The Villages Insurance has expanded into Lake County, Fla. The Villages Insurance Lake County Division will extend its offerings already available to the residents of The Villages community including the services of its 24/7 emergency response team to the residents …
A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of West Virginia Mutual Insurance Company (WVMIC) (Charleston, W.Va.). The revision of the outlook …
L.S. Howard has been appointed international editor for Insurance Journal and Carrier Management. She is based in London. Howard succeeds Charles E. Boyle, who retired at the end of 2015 after 17 years with the company. Insurance Journal and Carrier …
Genworth Financial Inc., the insurer battered by losses on long-term care coverage, has said it could pursue more divestitures to help pay down more than $500 million in debt maturing in 2018 as turmoil in the bond market shuts out …
American International Group Inc. Chief Executive Officer Peter Hancock won short-term relief at the risk of longer-term challenges by striking an accord with activist investors who want to shrink the company, former CEO Maurice “Hank” Greenberg said. “By doing that, …
Henderson Brothers Inc., an independent insurance agency based in Pittsburgh, Pennsylvania, recently announced following three new hires:
Delaware Insurance Commissioner Karen Weldin Stewart said 2015 marked another record year of captive insurance formations in Delaware. Stewart said Delaware last year licensed 74 pure captive insurers, three special purpose captive insurers and 112 series captive insurers, for a …
