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AXA Says Nigeria Election Process Will Benefit Overall African Economy

AXA SA, the largest foreign insurer active in Nigeria, sees the peaceful manner in which the country is handling its first transition in political power in decades as supporting economic growth in the country and beyond. “We think that political …

Ryan Specialty Group Launches New MGU Windward Specialty

RSG Underwriting Managers (RSGUM) has launched Windward Specialty, a new managing general underwriter. Windward Specialty will underwrite a range of property risks exclusively through wholesale insurance brokers. The new MGU will be led by President and CEO, Nathan Warde, who …

Florida Van Crash Revives Concern About Safety of Vehicles

Federal transportation officials are investigating a crash that killed eight members of a Florida church who were riding in a type of van that has raised safety alarms for many years. It’s unknown what caused the overloaded 15-passenger van to …

Fire at GE Warehouse in Kentucky Halts Production, Cause Unknown

The cause of a fire that ignited at a warehouse at General Electric’s Appliance Park in Louisville, Ky., on Friday could take weeks to uncover. The Courier-Journal reports the blaze was first spotted around 6 a.m. As it grew, plumes …

NFP Acquires North Carolina-Based Trinity Consulting

Insurance broker and consultant NFP has expanded its P&C capabilities and added to its employee benefits operation by acquiring Trinity Consulting. The transaction closed on March 3, 2015. A large risk management and regional employee benefits firm based in Charlotte, …

Crestbrook Insurance Expands Into Colorado

Crestbrook Insurance Co., an affluent market personal lines carrier from Nationwide, has expanded into Colorado. Independent insurance agents and brokers appointed with Crestbrook are now able to offer its products and services to their affluent clients. Crestbrook provides offers coverage …

WCIRB Submits Lower Mid-year Filing to California Department of Insurance

The California Workers’ Compensation Insurance Rating Bureau on Monday submitted a July 1 pure premium rate filing to the California Department of Insurance proposing advisory rates that average $2.46 per $100 of payroll. The move follows a recommendation by the …

LP Insurance in California Names Cheta Workers Comp Consultant

LP Insurance Services Inc. has named Shalila Cheta as a workers’ compensation consultant in it risk management services division in California. Cheta has more than 20 years of experience in California workers’ comp claims administration. At LP Insurance she is …

Delaware’s Mandatory Motorcycle Helmet Bill in Legislative Limbo

A bill requiring motorcycle riders in Delaware to wear helmets remains in legislative limbo after members of the House Public Safety Committee could not agree last week to send it to the House floor or to table it. Current Delaware …

Virginia Fraternity Chapter Plans Lawsuit Against ‘Reckless’ Rolling Stone

The University of Virginia fraternity chapter at the center of Rolling Stone magazine’s retracted article “A Rape on Campus” said on Monday that it planned to sue the magazine for what it called “reckless” reporting that hurt its reputation. The …

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