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Zurich to Offer Contract Litigation Insurance for Real Estate Firms

Zurich, a provider of property and casualty insurance in North America and globally, now offers Contract Litigation Insurance (CLI). According to the Bureau of Justice Statistics, the most common form of civil litigation in the U.S. is contract litigation. Further, …

U.S. Risk Acquires American Special Risk of California

Woodland Hills, Calif.-based American Special Risk Insurance Services has been acquired by managing general agency and surplus line wholesaler U.S. Risk Insurance Group Inc. American Special Risk is a managing general agent for professional liability and miscellaneous healthcare risks. American …

Aon Risk Appoints Real Estate-Focused Account Executive in San Francisco

Aon Risk Solutions has appointed Jason Caya account executive of the San Francisco office. Caya is responsible for supporting Aon’s expansion in the San Francisco real estate industry. He will focus on generating new business and providing client service and …

Ohio Mutual’s Kennedy Sworn In As Chairman of Insurer Group NAMIC

The National Association of Mutual Insurance Companies swore in its newest chairman of the board of directors today. James J. Kennedy began his year as chairman at the end of the annual business meeting of members during NAMIC’s 116th Annual …

Fire-Ravaged Texas Land May Lose Half Its Value

Texas property blackened by wildfires may suffer reductions in value by as much as 50 to 60 percent and a full recovery could take years, according to Lewis Realty Advisors, a Texas-based real estate appraisal and consulting firm. Extreme drought …

Texas Forest Service: Residents Should Clear Debris Around Homes

With the wildfire in Texas’ Bastrop County mostly contained, the Texas Forest Service is urging residents who live in the area affected by the 34,000-plus-acre wildfire to clear recently fallen pine needles and other debris from around their property, the …

USI Insurance Acquires Ohio’s First Place Insurance Agency

New York-based USI Insurance Services has acquired substantially all of the assets of First Place Insurance Agency Ltd. (First Place Insurance) of Youngstown, Ohio, from First Place Financial Corp. USI has also entered into a marketing agreement with First Place …

Texas Mutual Announces Safety Group for Oil and Gas Industry

Texas Mutual Insurance Co. announced a new workers’ compensation safety group: Texas Alliance of Energy Producers (TAEP). The group is open to qualifying businesses in the oil and gas production industry. Members of the TAEP safety group have access to …

Central Insurance Honored With Big ‘I’ Best Practices Award

The Central Insurance Companies, headquartered in Van Wert, Ohio, was recently awarded the 2010 Best Practices Award of Excellence from the National Independent Insurance Agents and Brokers of America (Big ‘I’). This is the fifth consecutive year the company has …

Insurer Says Exclusion Bars Payment in Nebraska Pastor’s Death

An insurance company specializing in policies for churches is asking a federal court to absolve it from paying a claim by the widow of a central Nebraska pastor who died of carbon monoxide poisoning in a house owned by the …

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