July 7, 2016
AXA announced it has entered into an agreement with Vienna Insurance Group to sell both its Life & Savings and Property & Casualty operations in Serbia and exit the Serbian market. Under the terms of the agreement, Vienna Insurance Group …
July 7, 2016
Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired HSBI Benefits Inc. Terms of the acquisition were not disclosed. Based in Toronto, Ontario, Canada, HSBI Benefits specializes in employee benefits insurance solutions. Curtis McCone, president of HSBI …
July 7, 2016
PartnerRe Ltd. has announced a series of appointments, following the reorganization of its business units announced on June 30, 2016. As previously announced, PartnerRe has restructured its business units in order to better align its global expertise with the needs …
July 7, 2016
Encompass has implemented the use of a tool from EagleView Technologies to capture aerial images of customer homes which the company said will be used to “provide a more accurate and faster assessment when issuing or renewing a homeowners policy.” …
July 7, 2016
CSE Insurance Group, a West Coast property and casualty insurance provider, has released a new landlord insurance product to address the complete needs of landlords. The coverage is currently available in California, but will become available in Arizona and Nevada …
July 7, 2016
The University of North Carolina has reached a settlement after a college football player said he suffered a concussion during an off-campus hazing incident. Citing a copy of the settlement it obtained June 21, the News & Observer of Raleigh …
July 7, 2016
After a $660,000 lawsuit, the Natchez-Adams School District will pay more for liability insurance in the coming school year. The Natchez Democrat reports the district will spend nearly $306,000 on insurance compared to $258,000 in 2015-16. A federal jury ruled …
July 7, 2016
Three tornadoes have been confirmed in eastern Kentucky and West Virginia from recent storms, the National Weather Service said Tuesday. After sending a team Tuesday to survey damage reports from Monday’s thunderstorms, the weather service determined an EF-2 tornado with …
July 7, 2016
West Virginia Insurance Commissioner Michael Riley has issued several emergency orders to address the response and claims handling process from severe flooding that hit the state June 23. The three emergency orders signed and dated by Riley on June 28, …
July 6, 2016
Western National Insurance Group of Edina, Minn. has completed the purchase all of the stock of Las Vegas, Nev.-based Nevada General Insurance Co., AIC America, and its wholly owned affiliates Auto Insurance America (New Mexico) and Auto Insurance America (Arizona) …