February 22, 2017
A judge has allowed a student to return to a New Hampshire prep school, months after his mother alleged the school wrongfully expelled him after he had sex with another student. Both sides reached an agreement signed by a federal …
February 22, 2017
ANV Global Services Inc., the North American managing general underwriter (MGU) owned by AmTrust Financial Services Inc., has appointed James Pittinger to the role of underwriting director. Responsible for the North American MGU business which focuses on management liability and …
February 22, 2017
American International Group Inc., the insurer that’s been divesting assets to narrow its focus, agreed to sell ski operations at Vermont’s Stowe Mountain to Vail Resorts Inc. AIG will retain majority ownership of the base area, which includes a 312-room …
February 22, 2017
Willis Towers Watson has entered into exclusive negotiations with OAAGC, the French aviation brokerage, to acquire its team and book of business. Paris-based OAAGC (Office d’Assurances Aériennes G. de Cugnac) was founded in 1898 and its team of 16 is …
February 22, 2017
All Risks Ltd., an independent wholesaler based in Hunt Valley, Md., has announced the acquisition of American Management Advisors Inc. (AMA) located in Pennsylvania. Terms of the transaction were not disclosed. Following the acquisition, Janet Smith-Hogeland, President of American Management …
February 22, 2017
New technologies are improving workers’ compensation programs in everything from communications and training to health care delivery and claims, according to experts. Tom Ryan, market research leader for Marsh’s Workers Compensation Center of Excellence, speaking during a recent Marsh broadcast, …
February 22, 2017
The Allianz Group has officially launched its Moroccan subsidiary, Allianz Maroc, which has has been a part of the Allianz Group since Nov. 3, 2016, following the acquisition of 98.9 percent of Zurich Assurances Maroc. After obtaining the relevant regulatory …
February 22, 2017
Combined losses from the two New South Wales catastrophes of bushfires and hailstorms, have passed A$70 million (US$53.7 million), according to the Insurance Council of Australia (ICA). As of Feb. 20, insured losses for the NSW bushfires had reached A$28.5 …
February 22, 2017
Ironshore International has increased capacity for Terrorism & Sabotage programs to US$400 million, an increase from the current U$375 million limit, effective immediately. Ironshore’s Terrorism & Sabotage cover provides insurance protection for clients against damage to commercial and residential property, …
February 22, 2017
AXIS Capital Holdings Ltd. announced that Julian Brown has joined AXIS Insurance as vice president and underwriter, responsible for leading growth initiatives and product development for the company’s London market managing general agency (MGA) unit. Brown will work alongside Paul …