Munich Re, the world’s biggest reinsurer, plans to raise its dividend even after fourth-quarter profit declined 42 percent on investments and goodwill impairments. Net income fell to about 700 million euros ($794 million) from 1.2 billion euros a year before, …
Increased regulation and hostilities in countries around the world have made it more dangerous for U.S. companies to send employees overseas for jobs. The potential for terrorist activities here at home also requires special risk and crisis management expertise so …
Novamar Insurance Mexico has added coverage to its insurance programs for expatriates or anyone traveling to Mexico. Novamar offers the following insurance coverage programs: Auto insurance for both USA-Canada license plates and Mexican vehicles. Special coverage at preferred premiums. Home/condo …
San Diego-based Atlas General Insurance Services, LLC, a national multi-line program manager, has launched a contractors general liability and exterior insulation finishing systems (EIFS) program. According to Jill Bay-Weber, senior vice president of Atlas’ commercial division, he program is open …
A committee of regulators led by California Insurance Commissioner Dave Jones is working on standards on ridesharing that departments of insurance in states across the U.S. can look to as an example. Whether the National Association of Insurance Commissioners Sharing …
The Wal-Mart Stores Inc. driver whose truck crashed into a van carrying actor-comedian Tracy Morgan lost a legal bid to halt a lawsuit against the company while criminal charges are pending against him. Kevin Roper, who is charged with vehicular …
The U.S. Department of Homeland Security’s Federal Emergency Management Agency announced that federal disaster aid has been made available to Vermont to supplement state and local recovery efforts in the area affected by a severe winter storm on December 9-12, …
IFG Companies has announced that Michael A. Fleischer has joined as executive vice president and chief underwriting officer. In that capacity, Fleischer will be directly responsible for all policies, practices and procedures relating to group-wide underwriting. He will be based …
Specialist marine insurance intermediary, Seacurus, has developed a petro-piracy endorsement which can be added to existing kidnap & ransom (KR) insurance cover. The coverage was developed in response to the evolving threats to ships, their cargoes and crews when transiting …
The U.S. Occupational Safety and Health Administration is fining Ashley Furniture Industries Inc. $1.76 million for worker injuries at its Arcadia, Wis., plant, the agency said. OSHA said the plant saw more than 1,000 work-related injuries in a 31/2-year period. …
