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BHSI Offers Professional Liability, Network Security & Privacy Cover in Canada

Berkshire Hathaway Specialty Insurance (BHSI) introduced its Professional First Professional Liability and Network Security & Privacy Policy and announced it has appointed Geoffrey Kendrick as head of Professional Lines in Canada. BHSI’s new Professional First Professional Liability and Network Security …

JLT Re Partners with KatRisk to Expand Modeling Capability in Canada

JLT Re, the London-based reinsurance broker and consultancy, has combined forces with flood modeling company, KatRisk, to enhance its flood risk modeling capabilities for clients across Canada. Berkeley, Calif.-based KatRisk’s suite of flood risk modeling tools includes both flood inundation …

India’s Bank of Baroda Eyes Sale of Insurer, Asset Management Stakes

Bank of Baroda, India’s third-largest state-run bank by assets, is considering a sale of some of the minority stakes it holds in its insurance and asset-management ventures, according to people familiar with the matter. The Mumbai-based bank is seeking to …

How Medical Liability Insurers’ $30 Billion ‘Cushion’ Is Also Barrier to Profit

For all the changes in healthcare over the past 10 years, the principal challenges facing medical professional liability (MPL) insurance remain much the same as they have been since its crisis in the mid-2000s: a high level of capital with …

Aon Gains Upper Hand in Non-Compete and Poaching Lawsuit vs. Alliant

A legal battle between two insurance brokerages over whether a former employee violated non-compete agreements and poached numerous employees is not over yet but the brokerage bringing the charges has scored key early victories. The lawsuit brought by U.K.-based Aon …

NTSB Expects Report on Fatal Mississippi Bus Crash Within Weeks

Investigators say a preliminary report on the March 7 train-bus crash in Mississippi that killed four Texas tourists should be ready within three weeks. Biloxi Mayor Andrew “FoFo” Gillich on Friday added a seventh railroad crossing to a list his …

BSA in Tennessee Promotes Wall To Medical Only-Claims Rep

Brentwood Services Administrators Inc. (BSA), headquartered in Brentwood, Tenn., promoted Courtney Wall in February 2017 to the position of medical only-claims representative in the Brentwood office, according to Jeff Pettus, president and CEO of Brentwood Services Administrators Inc. Wall is …

CFC Underwriting Launches Cyber Incident Response App

Specialist lines underwriting agency, CFC Underwriting, has launched a cyber incident response application that will allow policyholders to notify a claim with a click of a button and receive specialist support from CFC’s global cyber incident response team. In addition, …

Airbnb at Odds with Miami Mayor Over Homesharing Regulations

Airbnb and other home-sharing platforms face more restrictions in Miami, where the mayor plans for more aggressive enforcement of regulations prohibiting rentals of single-family homes in its residential areas. Amid spring break and days before the annual Ultra electronic music …

South Carolina County Looks to Stem Rising Emergency Vehicle Insurance Costs

Officials in Horry County, South Carolina, are seeking ways to reduce the high costs of insurance and worker’s compensation related to crashes by emergency vehicles. The Sun News of Myrtle Beach reports that there have been nearly 50 vehicle accidents …

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