Frederick Mutual Insurance Company (FMIC), a Frederick, Md.-based provider of insurance coverage to homeowners and businesses in the states of Maryland and Pennsylvania through a network of independent agents, has promoted Mark J. Roso to executive vice president and chief …
American International Group Inc. said it was not “unwelcoming to working mothers” as the insurer fought a discrimination lawsuit filed by a former London trader dismissed while on maternity leave. Jennifer Marlow, who until September 2016 was a senior foreign …
Editor’s Note: This is the first of two articles by Burand based on his most recent 50-page whitepaper, State of the P&C Insurance Industry 2017. The whitepaper is available from Insurance Journal’s Research and Trends division here. The second article …
Natural coastal habitats such as mangroves, coral reefs and salt marshes protect communities more effectively against coastal storms than seawalls, and insurers should consider this when pricing flood risk, Lloyd’s of London said. Investment to conserve natural habitats also makes …
Well-capitalized private equity investors still have an advantage among buyers of insurance agencies, but privately-held brokers continue to be among the most active players in agency mergers and acquisitions, according to Reagan Consulting. Also, while consolidation continues in the ranks …
Global specialty insurer StarStone has appointed Rod O’Malley as of head of cargo in London. O’Malley is joining StarStone in from XL Catlin, where he most recently served as head of the UK cargo team and senior class underwriter. He …
National professional liability and management liability wholesale brokerage, Founders Professional, has added Adrienne Porter to its Miscellaneous Professional Liability team. Porter will be joining the team in St. Petersburg, Fla., as a broker and will assist Founders’ retail partners in …
A mainland Miami neighborhood prone to regular flooding from high tides and storms could be relocated amid preparations for rising seas under one scenario being studied by local officials. Government officials in South Florida are looking at redesigning the Shorecrest …
Florida Gov. Rick Scott said he “absolutely” intends to sign the medical marijuana bill passed Friday by the state Legislature. After the original legislation fell apart on the final day of the regular session last month, the chambers approved the …
J.M. Wilson has acquired assets from Klinger Associates Inc., an Indianapolis-based wholesale insurance broker. The acquisition will allow J.M. Wilson to increase its brokerage business. The J.M. Wilson brokerage department has over 50 combined years of experience. J.M. Wilson is …
