News

DUAL Marine & Energy Forms Underwriting Partnership With CNA Hardy

DUAL, the international underwriting agency, announced its global marine and energy business has started underwriting with support from CNA Hardy’s Lloyd’s syndicate. DUAL is the underwriting arm of Hyperion Insurance Group, the London-based international insurance intermediary group. Under the leadership …

Willis Mexico Expands Footprint With Acquisition of Carsa Consultores

Willis Group Holdings plc announced it has acquired Carsa Consultores, a leading broker in Mexico. The move strengthens and supports Willis Mexico’s existing business, while also expanding its overall footprint, especially in the northwest region of Mexico, creating a new …

Lawsuit: South Carolina Discriminates Against Black University

As state lawmakers ponder firing the South Carolina State University trustees, South Carolina’s only black congressman and a federal lawsuit contend the state can be blamed in part for the school’s financial woes. Present and former university students are suing …

Norman-Spencer Adds Auto Dismantler Program

The Norman-Spencer Agency, Inc. has launched a new auto dismantler insurance program through its Northern Star Management transportation division. This national program is designed for professional salvage yards/dismantlers engaged in the sale of used parts to the public. Full package …

Citizens Board Approves $1B in Pre-Event Bonds for 2015 Hurricane Season

Citizens Property Insurance Corp.’s Board of Governors has approved the issuance of up to $1 billion in pre-event bonds to provide Citizens with readily available cash flow for the 2015 hurricane season and beyond. By unanimous vote on Tuesday, board …

Former Alabama Athletic Director’s Family Suing Drug Makers for Wrongful Death

The daughter of former University of Alabama Athletic Director Mal Moore has filed a wrongful death lawsuit against two companies that manufactured, promoted and sold a heart medication he took. Heather Moore Cooke filed suit in U.S. District Court in …

Berkshire Hathaway Specialty Expands D&O Policies to Canada

Berkshire Hathaway Specialty Insurance has introduced the Canadian editions of the Executive First Directors & Officers Liability insurance policy and the Executive First Side A DIC Directors & Officers liability policy, designed to provide customizable coverage for the complex risks …

Four Arrested for Involvement in Florida PIP Fraud Scam

Four individuals have been arrested in Broward County, Fla. for their involvement in a PIP (personal injury protection) scam, according to a statement by the Florida Department of Financial Services’ Division of Insurance Fraud. In total, eight claims were filed …

Texas Commissioner Elected Chair of Interstate Insurance Product Regulation Commission

Texas Insurance Commissioner David Mattax was elected chairman of the Interstate Insurance Product Regulation Commission (IIPRC) in Phoenix, Ariz. Virginia Insurance Commissioner Jacqueline K. Cunningham was elected as vice chair and Puerto Rico Insurance Commissioner Angela Weyne was elected treasurer. …

MHBT Adds Lemons as Commercial P/C Account Executive in Lubbock

Stacey Miller Lemons has joined Dallas-based insurance broker MHBT Inc. as a commercial property/casualty account executive. Lemons, who is based in Lubbock, Texas, has more than 25 years of risk management and insurance experience. Previously, she worked at Roach Howard …

News Archives by Month