A state court has awarded a woman $12 million from the City of Savannah for injuries she suffered when a tree limb fell on her. A Chatham County State Court jury said that the city should pay 31-year-old Shanta Greene …
American Safety Insurance Holdings Ltd. said its shareholders approved the merger plan between the company with Fairfax Bermuda Holdings Ltd. Under the terms, the company’s shareholders will receive $30.25 for each share of the company’s common stock. Approximately 84.48 percent …
BP Plc’s allegations of misconduct in the program set up to pay claims in the settlement over the 2010 Gulf of Mexico oil spill were called unfounded by the administrator of the program. Patrick Juneau, the administrator, yesterday asked U.S. …
Arthur J. Gallagher & Co. said it has acquired Dickinson & Associates Inc., an employee benefits brokerage in Ottawa, Ontario Terms of the transaction were not disclosed. Founded in 1998, Dickinson & Associates specialize in group health and welfare, business …
Moody’s said it expects U.S. property/casualty (P/C) insurance rates to continue to rise during the remainder of 2013 for the major commercial lines, following significant rate increases for 2012. This increase would mark the third straight year of rising rates …
Mexico, Colombia, Peru and Chile said on Monday they had wrapped up negotiations to remove all trade tariffs between them, cementing a bloc that the four hope will encourage free trade between Latin America and the rest of the world. …
Poms & Associates Insurance Brokers Inc. has expanded to a new 20,000-square-foot office space in Northern California and launched its construction risk practice. The new practice will offer insurance, surety bonding and risk advice to the construction industry, including owners, …
Zurich Insurance Group AG, the biggest Swiss insurer, said Chief Financial Officer Pierre Wauthier was found dead at his home this morning. The police are investigating the exact circumstances of his death, the Zurich-based company said in an e-mailed statement …
Middletown, R.I.-based OceanPoint Insurance Agency announced the addition of Douglas Guilbert as a new account executive. He will be based in the agency’s Barrington, R.I., office.In his new role, Guilbert will lend his experience in managing commercial and personal lines …
Cooper Gay Re North America appointed Norman Gayle as managing director. He joins the executive team working from the head office in downtown New York. He and his team will focus on production and strategic planning and also assist in …
