Ironshore Insurance Ltd., Singapore Branch, announced an increase in capacity for political risk business lines within its Political Risk & Trade Credit unit. Available capacity now stands at US$50 million, an increase from $15 million, effective immediately. In addition, Ironshore …
Five of the world’s largest risk management associations have agreed to work together towards a recognition of their respective risk management designations/certification programs. The organizations, ALARYS (Latin America), FERMA (Europe), IRMSA (South Africa), PARIMA (Asia) and RIMS (North America), signed …
A Machiasport, Maine, man is suing a salmon farm over a workplace injury in which he lost two fingers. Jesse Redman sued True North Salmon US Inc. and Cooke Aquaculture USA Inc. last week in U.S. District Court in Bangor, …
Delaware Insurance Commissioner Trinidad Navarro has announced that there will be a decrease in workers’ compensation insurance rates, effective December 1, 2017. “This insurance rate decrease has a direct impact on Delaware’s employers, enabling them to lower their costs and …
Satellite Agency Network Group Inc. (SAN) announced that Michael Adam Insurance Agency of Dansville, N.Y., has joined the alliance. By joining SAN Group, Michael Adam Insurance Agency will have access to additional markets and competitive insurance products in the industry. …
A first-year associate at a Manhattan law firm brought her complaint of sexual harassment to the managing partner. Her male boss, she said, had told her to take off her clothing. After months during which she continued to work for …
Willis Towers Watson has named Gianmarco Tosti as the new country leader of Italy. He starts his new role on Jan. 1, 2018, and will be based in Milan. Tosti will also take up the role of head of Corporate …
Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its inland marine product line in Canada with the launch of its Motor Truck Cargo Legal Liability policy, a new product that protects against the legal liability exposure commercial truckers face …
Zurich Insurance Group estimates that Hurricanes Harvey, Irma and Maria will aggregate claims in the third quarter of approximately US$700 million, net of reinsurance and before tax. After tax, the losses are expected to be around US$620 million, the company …
AIG UK said on Thursday it had underwritten its first sharia-compliant warranty and indemnity policy out of London’s M&A insurance market, as the city looks to Islamic finance to help bring new business. Development of Islamic finance is accelerating in …
