USI Insurance Services announced that Rick Renna has joined the brokerage as vice president in the New York metropolitan office. Renna formerly served as sales executive at MagnaCare and vice president/financial services at Connelly Campion Wright (CCW). He brings 20 …
A year after Superstorm Sandy, a new survey of small business owners and managers in the metropolitan New York City area found that nearly 30 percent of respondents affected by the storm would be forced to make staffing cuts in …
A year after Superstorm Sandy catastrophically flooded hundreds of miles of eastern U.S. coastline, thousands of people still trying to fix their soaked and surf-battered homes are being stymied by bureaucracy, insurance disputes and uncertainty over whether they can even …
Willis Limited, a subsidiary of Willis Group Holdings Plc, has announced the first set of insurers offering to support Global 360, which it described as “a pioneering suite of capacity facilities for its specialty insurance clients. The rollout of Willis’ …
ACE Limited reported net income for the quarter ended September 30, 2013, of $916 million, $2.66 per share, compared with $640 million, $1.86 per share, for the same quarter last year. Operating income was $857 million, $2.49 per share, compared …
Allied World Assurance Company Holdings, AG reported net income of $122.8 million, or $3.54 per diluted share, for the third quarter of 2013 compared to net income of $219.6 million, or $6.00 per diluted share, for the third quarter of …
In recognition of the impact wrought by Superstorm Sandy – $68 billion, the second biggest natural catastrophe loss in U.S. history – and the recent release of the IPCC’s climate report, the Geneva Association has issued a call to governments …
The Target Markets Program Administrators Association (TMPAA) released the results of its annual research to document the size, characteristics, growth and other base-line information about the program insurance market. The “State of Program Business Study” was presented at the association’s …
Two teenagers working as volunteers at a northeast Arkansas haunted house suffered severe burns when another worker poured paint thinner into a burning barrel, causing it to burst into flames, authorities said. The fire broke out late Saturday at Nightmare …
A new review by the Texas State Fire Marshal’s Office of old arson cases that might have relied on bad science has so far discovered three questionable convictions. But the effort has also drawn criticism from a West Texas prosecutor …
