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Vienna Insurance Group Completes Purchase of AXA’s Serbian Operations

Vienna Insurance Group announced it has completed the purchase of AXA’s Serbian companies. In July 2016 Vienna Insurance Group (VIG) signed a share purchase agreement for acquisition of the non-life company AXA Nezivotno Osiguranje a.d.o. Beograd and life company AXA …

Bank of England Beefs Up Cyber Resilience Tests for UK Banks After Tesco Hack

The recent theft of money from accounts at retailer Tesco’s online banking arm caused the British authorities to enact contingency plans to allow lenders to share information after the attack, the Bank of England said on Wednesday. The bank also …

Dairyland and Direct Writer Elephant Auto to Provide Motorcycle & ATV Coverage

Elephant, a direct-to-consumer car insurance company, has partnered with Dairyland, a provider of specialty insurance, to offer coverage for motorcycles, ATVs and similar vehicles. The new partnership with Dairyland, which has been offering motorcycle insurance since 1966, will enable Elephant …

Citizens Assesses Hurricane Response as 2016 Season Comes to a Close

Citizens Property Insurance Corporation expressed satisfaction with its response efforts to the first hurricanes to hit Florida in more than a decade as the end of the 2016 hurricane season officially ended Nov. 30. “Policies and procedures put in place …

Lawsuit Alleges Inaction by Kansas State Officials Led to Another Rape

A female student contends in a court filing that Kansas State University’s failure to investigate the rape of another woman allowed the same alleged assailant to sexually assault her. The accusations were levied in court documents seeking to add the …

MJ Insurance Adds Miller in Indianapolis Office

Indianapolis-based MJ Insurance has hired Kylie Miller as a talent acquisition specialist on its Learning & Development team. Miller will partner with the hiring managers and business leaders to anticipate and meet MJ’s evolving workforce needs while delivering the best …

Why Auto Insurance Claimants Hire Attorneys

In a recent online poll, almost half of respondents with auto injury claims hired attorneys to help settle those claims. But most who hired attorneys were not upset with how their claim was being handled, according to the insurance industry’s …

Tennessee Fire Forces Thousands to Evacuate, Destroys Hundreds of Homes

With flames dripping from tree branches and the air filled with embers, thousands of people raced through a hellish landscape as they fled wildfires that killed three people and destroyed hundreds of homes and a resort in the Great Smoky …

Maximum Adds P&C Expert Murray to Florida Office

Maximum, an independent, Chicago-based excess and surplus lines wholesaler, has added Michelle Murray, who has a property and casualty background, to its office in Tampa, Fla. Murray is a Tampa native and will offer Maximum’s full range of P&C and …

Washington Workers’ Comp Rates for 2017 to Increase Less Than 1%

The average premium for workers’ compensation coverage in Washington will go up less than 1 percent in 2017, according to the Department of Labor & Industries. LL&I announced today the rate will rise by an average of 0.7 percent next …

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