May 17, 2016
Wildfires raging across northern Alberta for more than two weeks have come to within a kilometer of an Enbridge Inc. oil-sands transportation terminal as warm weather and wind spread the flames, while workers were evacuated from camps north of Fort …
May 17, 2016
Marsh announced that Nick Durant will assume leadership of Marsh’s Global Captive Solutions Practice, effective July 1, 2016. In this role, Durant will have oversight of Marsh’s captive solutions business, which manages more than 1,250 captives worldwide. Durant will be …
May 17, 2016
Fairfax Financial Holdings Ltd., the Canadian investment firm led by Prem Watsa, is in advanced talks to buy control of Indonesian financial group PT Paninvest’s non-life insurance unit, people with knowledge of the matter said. The transaction would value the …
May 17, 2016
XL Catlin’s design professional insurance business has increased the limits of its smartADVANTAGE professional liability insurance policy and improved policy terms for architectural and engineering firms in the U.S. with annual fees of $2 million or less. The smartADVANTAGE policy …
May 17, 2016
Missouri comes in at 21 for the highest workers’ compensation premium rates of the 50 U.S. states and the District of Columbia, just under Minnesota, according to the Missouri Department of Labor and Industrial Relations, Division of Workers’ Compensation. In …
May 17, 2016
Assurant, Inc. has launched Assurant Primary Flood Insurance for Florida customers. The new Assurant Primary Flood Insurance offers structural coverage up to $800,000 and up to $250,000 in contents coverage, at competitive rates that include no federal fees or surcharges. …
May 17, 2016
The North Carolina Medical Board is investigating 60 doctors and physician assistants with patients who died of overdoses of prescription drugs. Medical board officials tell The Charlotte Observer that two or more patients being treated by each doctor took fatal …
May 17, 2016
Allstate can go ahead raise auto insurance rates for Georgia drivers later this month because a state review of the planned increase won’t be done in time to stop the higher rates from taking effect, state regulators said. State Insurance …
May 17, 2016
Reliance Partners has promoted of Jordan Chastain to the position of senior director of Sales for the transportation division of the company. Chastain is a native of Gainesville, Ga., and a graduate of the University of Mississippi’s Risk Management and …
May 16, 2016
The National Association of Insurance Commissioners’ (NAIC) Northeast Zone has elected Maryland Insurance Commissioner, Al Redmer, Jr., as its new chair. Redmer succeeds Susan L. Donegan, the outgoing commissioner of the Vermont Department of Financial Regulation (DFR), who served as …