U.S. Risk, LLC has formed a strategic alliance with Aspen American Insurance Co., a subsidiary of Aspen Insurance Holdings Limited, to offer a specialty insurance product designed for the marine industry which will provide comprehensive coverage for vessel-assist towboat operators, …
Flooding in southwestern Michigan closed several roadways and swamped the home of the Kalamazoo Growlers baseball team while severe thunderstorms caused damage in the Upper Peninsula. The Kalamazoo River is one of several across Michigan’s Lower Peninsula where flood warnings …
Tim Brady, shareholder and senior vice president of Texas-based Brady, Chapman, Holland and Associates Inc., has been elected to the board of directors of RiskProNet International, an association of leading independent insurance brokers in North America. RiskProNet member firms have …
David McIlhatton knows terrorism cannot be prevented. But measures to keep people safe often deter people from visiting sites or cities. “We don’t want a strong physical (security) presence because that doesn’t do anything to engage investment,” he told The …
Margaret Temponeras, 52, of Portsmouth, Ohio, has pleaded guilty in U.S. District Court to conspiracy to distribute a controlled substance, which she did through a pain clinic and dispensary, according to the U.S. Attorney’s Office (USAO) for the Southern District …
Industrial lines insurer HDI Global Insurance Co., based in Chicago, has added personnel to its Engineering Lines and Construction division. Mark Groenheide, vice president, engineering lines underwriting manager, is responsible for the strategic growth of the portfolio and will lead …
The Justice Department said it has made payments totaling more than $800 million from the U.S. Victims of State Sponsored Terrorism Fund to compensate thousands of U.S. victims of international acts of terrorism by state sponsors of terrorism. The government …
The Texas Department of Insurance is looking for people to serve on the board that governs the Fair Access to Insurance Requirements (FAIR) Plan, which provides residential property insurance in underserved areas where it’s not readily available through the private …
LevelFirst, the wholesale broker and MGA binding facility owned by IIAT Services Co., has appointed Richard Deal as business development manager. Deal is tasked with maximizing the potential of existing relationships as well as growing revenue from new business and …
The owners of a cleaning company serving luxury hotels in Southern California and Nevada have pleaded guilty in connection with a nearly $7 million insurance and tax scam. The San Diego Union-Tribune reported Hyok “Steven” Kwon and his wife, Woo …
