Monthly Archives: <span>July 2016</span>

XL Catlin Adds Levesque as Sr. Underwriter for Marine Business in Chicago

Janelle Levesque has joined XL Catlin as a senior marine underwriter. She is based in Chicago. Levesque is responsible for inland marine business in the Midwest region, which includes Illinois, Wisconsin, Michigan, Ohio, Iowa, Indiana, Kentucky and Missouri. She previously …

XL Catlin Marine Business Unit Adds 3 in San Francisco

XL Catlin hired Frank Basich as senior member of the XL Catlin marine underwriting team in San Francisco. Basich is responsible for inland marine business in the western states, exercising his 25-plus years of experience underwriting many commercial lines of …

Langenegger Joins XL Catlin in Dallas

Shawn Langenegger has joined XL Catlin’s marine business unit in Dallas. He has 13 years of industry experience and joins from Allianz Global Corporate where he was inland marine team leader for the New Orleans, Houston and Dallas territories. Langenegger …

Cleveland’s Insurance Bill for GOP Convention: $9.5M

A city of Cleveland panel has authorized spending nearly $10 million to purchase $50 million in insurance to protect the city against claims during the Republican National Convention after a consultant concluded the city faces a higher risk than previously …

Data Shows 170 Motor Vehicle Deaths in Iowa 2016, So Far

New data from the Iowa Department of Transportation shows 42 more people have died on Iowa roads in 2016 than at the same time last year. The Des Moines Register reports seven people were killed in traffic accidents over the …

Class-Action Suit Filed Against South Carolina Town Over Speeding Ordinance

A class-action lawsuit has been filed against the Clarendon County, South Carolina town of Turbeville for its practice of charging speeders under an ordinance that allows the town to keep the fines rather than the state. The State newspaper in …

Universal Property & Casualty Expands Into Alabama Homeowners Market

Universal Insurance Holdings, Inc. has been approved by the Alabama Department of Insurance to write homeowners insurance in the state through its subsidiary Universal Property & Casualty Insurance Company (UPCIC). The company reported that UPCIC has subsequently written its first …

Orlando’s Pulse Nightclub Exceeded Number of Required Exits

One of the exits at the Pulse nightclub was inoperable weeks before the massacre of 49 patrons by a gunman on June 12, but the gay nightclub had twice the number of exits needed to accommodate its maximum occupancy of …

Tennessee Reports $436M Economic Impact From Revamped Captive Insurance Act

Tennessee-based captive insurance companies have created an estimated $436 million economic impact through direct and indirect spending related to new jobs, investments, and deposits, according to results of a recent annual survey given by the Tennessee Department of Commerce & …

Berkley Life Sciences Launches Political Risk Coverage for Life Science Companies

Berkley Life Sciences, a W. R. Berkley Company, has introduced political risk insurance for life science companies to address life science exposures faced by customers with assets or operations overseas. Life science companies of all sizes are increasingly exposed to …