News

Aon Revises London Short Excess Liability Follow Form for Global Clients

Aon Risk Solutions, the global risk management business of Aon plc, has released its latest London Short Excess Liability Follow form policy (London Short #2) to provide clients with more contract certainty, clarity and consistency of coverage. The previous version …

Berkshire Hathaway GUARD Expands BOP Product to California

Berkshire Hathaway GUARD Insurance Companies (formerly known as GUARD Insurance Group) has begun offering its business owners policy (BOP) and umbrella coverage in California. The company already has a presence in the state offering workers’ compensation with a premium total …

Austin Homeowner’s Interest in Flood Insurance Rises

Insurance agents in Austin, Texas report the interest in homeowners obtaining flood insurance coverage has risen dramatically after two recent rains that have flooded portions of Austin and neighboring communities. Roughly 650 homes and businesses were either damaged or destroyed …

Brewer Named to Lockton Global Team in Southeast

Clint Brewer has joined Lockton’s Southeast U.S. operations as Regional Practice Leader for Lockton Global. He will help deliver services, including Lockton’s international resources, to the region. Brewer brings eight years of experience in the commercial insurance industry with an …

Officials Allege Georgia-Florida Football Game Bus Theft Ring

Investigators have arrested a man who they say was involved in an “elaborate theft ring” operating in northeast Florida and south Georgia. The Florida Times-Union reported that investigators tracked two stolen north Florida school buses to Gainesville after they found …

R-T Specialty Appoints Senior VP for Property Division in New York

R-T Specialty, the wholesale brokerage unit of Ryan Specialty Group based in Chicago, announced the appointment of Meredith Dyson as a senior vice president for its property division. She is based in R-T Specialty’s New York office. Dyson brings over …

Association Recommends Insurance Guidelines for Carsharing Operations

An association for operators of car sharing services has developed guidelines for what insurance they should make available to consumers participating in their services. The San Francisco-based CarSharing Association released a draft liability insurance guideline for round-trip carsharing operators in …

Federal Safety Regulators Criticized for Missing Bus Safety Hazards

U.S. bus regulators are overlooking or not catching serious safety hazards before fatal crashes and need to change their auditing practices, the National Transportation Safety Board said. The U.S. Federal Motor Carrier Safety Administration repeatedly has known about deficiencies before …

Windstorm Christian Tops Impact Forecasting’s Monthly Cat Report

In its monthly Global Catastrophe Recap report Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, highlights the damage caused by Windstorm Christian as it moved across western and northern Europe during the latter half of October, …

AIR Analyzes Potential Impact of Super Typhoon Haiyan on Philippines

Catastrophe modeling firm AIR Worldwide issued a bulletin shortly before Super Typhoon Haiyan [known locally as Yolanda] came ashore across the central Philippines. As predicted the extremely powerful storm – the 30th tropical cyclone of 2013 – will cause a …

News Archives by Month