Everest Underwriting Partners, a unit of Everest Insurance, has expanded its existing Forest & Logging program with underwriting manager Victor O. Schinnerer & Company to include inland marine coverage. According Steve Falecki, vice president of Schinnerer’s Forest & Logging underwriting …
A judge awarded nearly $15 million in a whistleblower lawsuit filed by a one-time mortuary worker who was threatened with being cremated alive for revealing fraud, his attorneys said Thursday. The judgment in favor of Barry Taul, made under a …
Boston Insurance Brokerage LLC (BIB), a national wholesale specialty insurance agency headquartered in Boston, has added Jennifer Szalkay as vice president of Property & Casualty Division. In this role, Szalkay assumes responsibility for developing BIB’s growing business in Florida and …
Equifax Inc. said it expects costs related to its massive 2017 data breach to surge by $275 million this year, suggesting the incident at the credit reporting bureau could turn out to be the most costly hack in corporate history. …
AXA SA agreed to buy XL Group Ltd. for $15.3 billion in cash, seeking to capture a bigger slice of the U.S. property and casualty market as premiums rise after last year’s natural disasters. The French insurer is paying $57.60 …
A Colorado firefighter has filed a lawsuit accusing her employer of gender discrimination and sexual harassment. The Grand Junction Daily Sentinel reported Jennifer Taylor, who works for Colorado River Fire Rescue, which serves the New Castle through Rifle area, says …
State Auto Insurance is continuing its exit from the specialty insurance business, selling off more of the business of its excess and surplus lines subsidiary, Rockhill Insurance Group. The buyer this time is specialty insurance holding company K2 Insurance Services, …
Natural gas service will be shut down to thousands of Dallas homes following a series of leaks that has brought repeated evacuations in the wake of a house explosion that killed a 12-year-old girl. Authorities announced early Thursday that gas …
A.M. Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of McMillan-Warner Mutual Insurance Co. (MWM) in Marshfield, Wisconsin. The outlook of the Long-Term ICR …
A business conditions index for nine Midwestern and Plains states rose over the past month, pointing to continued improvement in regional economic conditions, according to a report issued Thursday. The Mid-America Business Conditions Index hit 59.7 in February, compared with …
