As Hurricane Matthew rolled toward Florida earlier this week, the meteorologists at Verisk Analytics were tracking its every move. They weren’t just plotting the usual meteorological stuff, though, and making the usual forecasts: wind speed, rainfall, sea-swell. They also were …
Japan’s cashed-up insurers are likely to keep paying hefty premiums for overseas assets as they seek to spur growth and overcome negative interest rates, fewer lucrative investment options and a fast-maturing market at home. According to Thomson Reuters data, last …
Dutch insurer Delta Lloyd NV rejected NN Group NV’s unsolicited 2.4 billion-euro ($2.7 billion) cash offer, saying the financial terms aren’t acceptable and don’t reflect the benefits of consolidation. “NN’s offer substantially undervalues our company,” Delta Lloyd CEO Hans van …
Mitsui Sumitomo Marine Management, Inc. (MSMM) and MS Amlin plc, its sister company, have formed a new partnership with Air Centurion to write the U.S.-based aviation and aerospace accounts for Mitsui Sumitomo Insurance Company of America, complimenting a portfolio written …
The general counsel for the Surplus Lines Stamping Office of Texas (SLSOT), Alex Gonzales, has been selected as a Texas Super Lawyer for 2016 by Texas Monthly. Gonzales, with Winstead PC, has served as general counsel for SLSOT for 25 …
The Hanover Insurance Group demonstrates further commitment to supporting small businesses with significant enhancements to its business owner’s policy (BOP) base form and product offerings, adding coverages and endorsements, introducing equipment breakdown protection, and increasing limits. The company has expanded …
New safety technology that may have prevented last week’s deadly train crash in New Jersey is being implemented along some rail lines in Minnesota and elsewhere. The new technology, known as positive train control, is designed to automatically slow or …
Beer and coffee make nice bookends. One before the other can put you in the right frame of mind – I usually like coffee before beer, but whichever comes first all depends on what frame you want to be in. …
Texas-based The Parks Group’s Lana Parks is this year’s recipient of the Richard M. Bouhan Legislative Advocacy Award from the National Association of Professional Surplus Lines Offices (NAPSLO). Parks serves as co-chair of the Legislative Committee for NAPSLO and has …
If you hurt yourself while pulling stuff from your car, should your insurance company be on the hook for the injuries? The Michigan Supreme Court is opening a new term this week with arguments in that case and many others, …
