September 17, 2019
Berkshire Hathaway GUARD Insurance Companies has expanded its Commercial Package product into New Jersey. This offering includes: Commercial property with limits up to $120 million per location with an enhanced causes of loss form which includes built-in equipment breakdown and …
September 16, 2019
Alliant Insurance Services has formed a new brokerage service vertical, Alliant Mergers & Acquisitions. Falling under the Alliant Specialty retail umbrella, Alliant Mergers & Acquisitions will provide expertise to private equity firms and alternative asset investors to ensure transactions are …
September 16, 2019
Sentinel Marine Underwriters (SMU), a specialty managing general agency that is part of AmWINS Underwriting and is dedicated to providing cargo-in-transit and cargo stock-throughput insurance for a variety of insureds in the global manufacturing, wholesale and retail trade industries, has …
September 16, 2019
The family that owns OxyContin maker Purdue Pharma used Swiss and other hidden accounts to transfer $1 billion to themselves, New York’s attorney general contends in court papers filed Friday. New York – asking a judge to enforce subpoenas of …
September 16, 2019
Insurers of a fire-damaged Philadelphia refinery have indicated they would make a $50 million initial advance payment in connection with a June blaze that led to the plant’s closure, court documents showed. The infusion of funds would buy cash-strapped Philadelphia …
September 13, 2019
Virginia has joined a growing number of states suing members of the family that owns Purdue Pharma for their alleged role in the nation’s opioid crisis. Attorney General Mark Herring announced Wednesday that the state has amended a lawsuit it …
September 13, 2019
TigerRisk Partners LLC, a risk, capital and strategic advisor to the global insurance and reinsurance industries, has appointed Manoj Gupta as chief operating officer. Prior to joining TigerRisk, Gupta was president of Third Point Reinsurance Ltd.’s U.S. subsidiary. He held …
September 13, 2019
John R. Tomassi was named president of the Professional Insurance Agents of New York (PIANY), at a meeting of the association’s board of directors today at PIANY headquarters in Glenmont, N.Y. Tomassi is a partner in CLG Insurance in Clifton …
September 12, 2019
A state investigation details a Vermont anti-poverty group didn’t tell its employees that one of its facilities contained asbestos, exposing workers to health and safety risks. The investigation that concluded in May shows that the Northeast Kingdom Community Action paid …
September 12, 2019
Gallagher, a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Ill., has hired Mike Kambos as its area senior vice president for New York’s Management Liability Practice. Kambos brings more than 30 years of experience …