The U.S. Federal Emergency Management Agency will run out of disaster assistance funding on Friday unless Congress approves more money, two Florida senators warned on Thursday. As Hurricane Irma barrels through the Caribbean on its way to an expected landfall …
Woodruff-Sawyer has named Nikki Brissette an account executive and vice president in its Hawaii-based operations, Risk Solution Partners. Brissette will be responsible for client relationships, designing risk management programs, recruitment and business and product development. Prior to joining RSP, Brissette …
Specialty Program Group LLC has acquired the assets of Burbank, Calif.-based wholesaler Monarch E&S Insurance Services. Monarch E&S is a full-service MGA and wholesale brokerage established in 1986. The firm provides solutions for lines of business in both the commercial …
Bad design and construction of the tallest U.S. dam a half-century ago and inadequate state and federal oversight since then led to a disastrous spillway collapse in February, an independent national team of dam safety experts said this week as …
Sanlam Ltd., the largest South African-based insurer, said prospects for its domestic business will remain muted for the rest of this year and into 2018 as political uncertainty knocks confidence and markets. Political and economic policy uncertainty is “not likely …
Arthur J. Gallagher & Co. announced the acquisition of Nordic Försäkring & Riskhantering AB (Nordic), located in Gothenburg, Sweden. Terms of the transaction were not disclosed. Founded in 1991, Nordic is a retail insurance broker offering a broad range of …
Marsh announced a new global management structure, which includes new appointments to its executive management team and two new divisions. Marsh’s global management structure includes the newly formed Global Risk & Digital (GR&D) division, which brings together Marsh’s solutions and …
Irma barreled toward Florida after battering Puerto Rico and devastating a chain of small Caribbean islands, as the Category 5 hurricane threatens to turn into the most expensive storm in U.S. history. Irma, one of three hurricanes churning toward North …
Britain plans to alter the rate used to calculate upfront personal injury payments, the Ministry of Justice said on Thursday, a move which will reduce those payments and insurance premiums. Motor insurers’ profits were dented and insurance premiums have risen …
Markel International, the London-based specialist insurer and Markel Corp. subsidiary, plans to acquire the business of EC Insurance Co. Ltd. (ECIC). Sevenoaks, England-based ECIC, whose ultimate parent is the Electrical Contractors’ Association, provides a wide range of insurance products for …
