W.R. Berkley Corporation has appointed Michael Fujii as president of its newly formed Berkley Custom Insurance Managers unit in Stamford, Conn. Fujii has over 35 years of experience in the specialty property/casualty insurance industry, including more than 20 years as …
Itasca, Ill.-headquartered global insurance broker Arthur J. Gallagher & Co. said it acquired Pittsburgh-based Triad USA Inc. Terms of the deal were not disclosed. Formed in 1998, Triad USA offers employee benefits brokerage and consulting services. The firm provides customized …
The New York Insurance Association said Thursday the Buffalo-Niagara Falls metropolitan area has the highest vehicle theft rate in New York State. The region had a vehicle theft rate of 161.19 thefts per 100,000 inhabitants in 2011. The Buffalo-Niagara Falls …
Scientists with the U.S. Geological Survey plan to map underground faults in Virginia that caused last year’s earthquake. The mapping will be done with a low-flying airplane carrying instruments that will measure gravitational and magnetic pull at different sites. The …
Connecticut Light & Power has filed a plan with state regulators to spend $300 million over five years to strengthen its system against storms. The subsidiary of Northeast Utilities says it’s looking to upgrade systems that have performed poorly and …
Dewey & LeBoeuf offered on Wednesday to drop potential claims against former partners if they collectively shell out up to $103.6 million to the estate of the largest U.S. law firm ever to declare bankruptcy. Joff Mitchell, the chief restructuring …
Partners Specialty Group LLC, a nationwide independent wholesale brokerage headquartered in Horsham, Penn., said its president Maureen Caviston will assume an additional role of chief operating officer.Caviston has over 30 years of wholesale brokerage experience and has been with Partners …
FBI divers and police officials in New York are working to retrieve a yacht that capsized and sank, killing three children.
Maine’s top insurance regulator is advising state residents to assess the risks associated with severe weather, and take steps to protect themselves and their property. Maine Insurance Superintendent Eric Cioppa reminded residents this week that most homeowners insurance policies do …
Switzerland-headquartered Allied World Assurance Company Holdings AG has expanded its U.S. casualty operations with the launch of a new construction casualty division. The new division will be run from Allied’s New York office, where the majority of the company’s U.S. …
