Monthly Archives: <span>April 2017</span>

Supreme Court Weighs Limiting Where Corporations Can Be Sued

The U.S. Supreme Court on Tuesday appeared poised to clamp down on where corporations can be sued, a potential setback for plaintiffs’ lawyers who strive to bring cases in courts and locales they consider friendly. The nine justices in two …

Realities of Today’s Commercial Insurance Market: Willis Towers Watson

Fluid capital and ample capacity has kept the commercial insurance sector stable overall and also a buyers’ market. That reality holds despite potential regulatory and monetary policies pending in Washington, D.C. under the fledging Trump presidential administration, Willis Towers Watson …

Generali Expands in U.S. with Chicago, San Francisco Offices and 3 Hires

Generali is expanding its U.S. global corporate and commercial operations with the opening of offices in Chicago and San Francisco in a bid to grab more business from U.S. multinational companies. The Italian insurer’s growth comes through its Generali Global …

Official Says Georgia Wildfire Could Go On For 6 Months

A wildfire in Georgia that has scorched more than 70 square miles (180 square kilometers) of public lands near the Georgia-Florida state line could burn for the next six months unless heavy rains snuff out the flames sooner, fire officials …

Allianz Sponsorship of Florida Golf Event Ends Amid Holocaust Survivor Protests

Holocaust survivors on Monday celebrated the end of German insurance giant Allianz’s sponsorship of a Florida pro golf tournament, saying it may boost efforts to collect some $2.5 billion in World War II-era policies issued to Jews that they say …

AP Specialty’s Epstein Named by RIC as Vice President in California

RIC Insurance General Agency has named Michele Epstein as vice president of management and professional lines. She will be based in Chatsworth, Calif. and produce, enhance and expand these product offerings for RIC’s agency partners. Epstein worked as vice president …

Vertafore Acquires Analytics Firm RiskMatch

Insurance technology firm Vertafore said it has acquired RiskMatch, a Connecticut-based business intelligence and analytics company that provides portfolio management and placement services to insurance brokers and carriers. Founded in 2013, RiskMatch delivers web-based services, analytics, internal and external benchmarking …

Louisiana’s Governor Declares State of Emergency Over Disappearing Coastline

Louisiana Gov. John Bel Edwards on April 19 signed an emergency proclamation declaring the Louisiana Coast in a state of crisis and emergency. The emergency proclamation will be sent to President Donald Trump and members of Congress as a necessary …

XL Catlin Enhances International Liability Policies for U.S.-based Businesses

XL Catlin’s Multinational Casualty business has introduced a new international liability coverage form designed for U.S.-based multinational companies to address their most complex casualty needs. The XL Catlin’s International Liability policy addresses the challenge of coordinating coverage territory between the …

Texas Surplus Lines Stamping Office Names 3 New Board Members

The Surplus Lines Stamping Office of Texas (SLTX) announced three new members have been appointed to its board of directors. These individuals are part of a nine-member board appointed by the Texas Commissioner of Insurance. Each board member serves a …