Two major U.K. lenders warned that a last-minute rush by compensation-seeking customers will make the most expensive scandal in British banking even costlier. Royal Bank of Scotland Group Plc said Wednesday it plans to set aside as much as 900 …
In a letter to stakeholders emphasizing improvements made by the Texas Department of Insurance, Commissioner Kent Sullivan said during the past 10 years there have been significant increases in the numbers of agents and adjusters licensed, customer help line calls …
Ryan Specialty Group Europe announced that its London-based transactional risk managing general underwriter, Hunter George & Partners, is changing its name to RSG Transactional Risks Europe. The dedicated transactional risks underwriting team will continue to offer its proprietary transactional insurance …
An August survey of business supply managers suggested slow or no economic growth over the next several months in nine Midwest and Plains states, in part because of trade skirmishes, according to a newly released report. The Mid-America Business Conditions …
The Ohio doctor charged with murder in the deaths of 25 hospital patients is suing his former employer’s parent company for not covering his criminal defense costs, as it has in dozens of related civil cases. William Husel’s federal lawsuit …
Arkansas Insurance Commissioner Allen Kerr has approved five new insurance companies to operate in the state, bringing to 103 the number of new insurance companies approved since January 2015, according to the Arkansas Insurance Department. The AID says that since …
With Florida orange groves seemingly escaping major damage from Hurricane Dorian, concern now turns to soy, corn and cotton fields as well as livestock in Georgia and the Carolinas as the hurricane churns northward. North Carolina Governor Roy Cooper declared …
CFC Underwriting, the London-based specialist managing general agent, announced it has upgraded its product recall suite of coverages. The new extensions include regulatory advisory coverage which addresses the emerging need for coverage in the recall market for outbreaks and public …
Hawaii County has agreed to pay a $15.1 million settlement to the family of a Michigan man who was struck and killed by a police patrol car. The Hawaii Tribune-Herald reported that 63-year-old Jeffrey Surnow was riding a bicycle on …
Risk Strategies has acquired Risk Management Advisors in Long Beach, Calif. Terms of the deal were not disclosed. Risk Management Advisors designs and administers captive insurance programs and self-insured plans. Client industries range from manufacturing, trucking, and contractors to auto …
