April 2, 2015
How do you stop a mentally ill person from sitting down at the controls of a jetliner, or a nuclear power plant, or from holstering a gun for a night on the beat? The news that the pilot of the …
April 2, 2015
Confie Seguros, a national provider of personal lines insurance based in Huntington Beach, California, announced that it has acquired three East Coast insurance brokerages. Confie Seguros acquired the assets of Your Insurance Spot Inc. based in Kissimmee, Florida, which was …
April 2, 2015
Patriot National, Inc. has acquired TriGen Insurance Solutions, a specialty insurance brokerage based in Boca Raton, Fla., with offices in Orlando and Atlanta. The total purchase price, assuming all earn-out criteria are met, would be a maximum of $9.74 million, …
April 2, 2015
Matt Parker is succeeding Greg Thompson as president of Markel Specialty, Markel Corp. announced. Parker, who most recently served as managing executive, Markel FirstComp, joined Markel in 2010 when Markel acquired FirstComp. Parker will continue to be based in Markel’s …
April 2, 2015
Josh Waldrum knows from first-hand experience that most of the folks who drive for rideshare services like Uber and Lyft are not well informed about the insurance issues that insurance professionals see as problematic such as coverage gaps, and the …
April 2, 2015
Raleigh, North Carolina-based insurance broker BB&T Insurance Holdings Inc. has reached an agreement to significantly increase its partnership interest in AmRisc, a managing general underwriter for commercial property risks based in In a related agreement, its parent, BB&T Corp., has …
April 2, 2015
Stephan Ruoff has been appointed chief executive officer of Tokio Millennium Re AG (TMR), a Zurich-based subsidiary of Tokio Marine & Nichido Fire Insurance Co. Ltd. Ruoff has worked with TMR, a global multi-line reinsurer fully backed by the Tokio …
April 2, 2015
American International Group Inc. registered to sell its 46 percent stake in plane lessor AerCap Holdings NV for a price that values the holding at more than $4 billion, as the insurer streamlines it operations. AIG would offer 97.6 million …
April 2, 2015
President Barack Obama signed an executive order Wednesday allowing the use of economic sanctions for the first time against perpetrators of destructive cyber-attacks and online corporate espionage. That will let the Treasury Department freeze the assets of people, companies or …
April 2, 2015
The Philippines is urging tourists to take precautions or cut short Easter vacations, and may evacuate thousands of people in the path of approaching Typhoon Maysak. The storm may affect as many as a million people, the United Nation’s Global …