The state’s annual report on workers’ compensation insurance says Florida’s market is “competitive,” and availability of coverage is not a significant problem. The Office of Insurance Regulation issued the report. The clean bill of health contrasts with problems plaguing Florida’s …
The family of a British commodities trader who died while partying in Las Vegas will accept $350,000 to end a federal lawsuit stemming from the disappearance of the man’s internal organs after an autopsy and before his body was returned …
The man who allegedly ignited more than 50 fires that terrorized Los Angeles last week is also under investigation in Germany for a house fire near Frankfurt. U.S. investigators also disclosed that a search of Harry Burkhart’s Hollywood apartment turned …
Mississippi inaugurated seven of its eight statewide elected officials on Thursday — everyone except the new governor. The swearing-in ceremony in the House chamber included Tate Reeves as lieutenant governor, Jim Hood as attorney general, Delbert Hosemann as secretary of …
Every year in West Virginia, motorists and insurance companies pay more than $50 million to fix damage caused when vehicles collide with deer. State wildlife and highway officials hope to reduce that total by finding out where collisions most often …
Abram Interstate Insurance Services has added a new carrier that will provide competitive pricing and flexibility for hard-to-place accounts in California. Some of the products the new market will cover include roofing, grocery stores, remodeling contractors, alarm installation and carpet …
Bermuda-based AXIS Capital Holdings Limited announced that it has appointed David Smith as CEO and Country Manager of Australian Operations. He is based in Sydney and reports to Mark Gregory, CEO International Division, AXIS Insurance, who welcomed Smith to AXIS, …
The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week, as governments and businesses are not sufficiently prepared to deal with unexpected events, a report by a respected think-tank said. Events …
Australia’s Suncorp Group Limited’s preliminary estimates of the financial impacts of the recent Melbourne hailstorm and Christchurch earthquake are between A$200 and A$250 million [US$204.9 to US$256.1 million]. Suncorp added that its “reinsurance arrangements provide protection should the cost of …
The XL Group plc and its subsidiaries announced that the Group has received final approval from the Brazilian insurance and reinsurance regulator, Superintendencia de Seguros Privados (SUSEP), to establish an insurance operation in the country. The company, XL Seguros Brasil …
