September 12, 2011
Coverage for open houses, mold, network risks and privacy claims are now part of Victor O. Schinnerer & Company’s real estate E&O policy. Schinnerer includes the three new coverages at no additional premium. Open house coverage applies to property damage …
September 12, 2011
The Indiana State Fair has hired a risk assessment firm in the wake of last month’s deadly stage collapse at the fairgrounds. State Fair Board Executive Director Cindy Hoye said that Venue Solutions Group has been hired to improve the …
September 12, 2011
President Barack Obama has signed a federal disaster declaration for Texas in the wake of wildfires in the state. The move allows federal funding to be made available to individuals in Bastrop County in the central part of the state. …
September 12, 2011
The flames of the massive wildfire that had swallowed nearly 1,400 homes in Central Texas had been tamed, but Webster Fire Chief Patrick Shipp and his crew — veterans of a fire season pushing his team to the limit — …
September 12, 2011
You could hold it in New York, or London, or practically anywhere, but it wouldn’t be the same. The annual Reinsurance Rendezvous in Monte Carlo, which translates as Charles’ Hill, in Monaco is a unique event. It brings together not …
September 12, 2011
Insurer Hartford Financial Services Group warned Monday that its third-quarter catastrophe losses would be substantially higher than a year earlier, mostly as a result of last month’s Hurricane Irene. The Hartford, in a slide presentation for a Barclays Capital conference, …
September 12, 2011
Holman & Holman Agency of Springfield, Tenn., has become Keystone Insurers Group’s eighth franchise partner in Tennessee, bringing the total franchise count to 223 across the seven states in which Keystone conducts business. The Springfield, Tennessee-based Holman & Holman was …
September 12, 2011
Next Generation Insurance Group, a specialty agency with offices in Boston and Phoenix that focuses on the collegiate and young adult markets, has appointed Dennis Wentworth as senior vice president. He will be responsible for college and university relations. Wentworth …
September 12, 2011
Catastrophe claims totaling $70 billion have failed to generate a hoped-for upturn in reinsurance prices, putting the industry under pressure to specialize and develop new products to generate growth. Reinsurance policy prices look set to stay broadly flat when customers …
September 12, 2011
HSBC Holdings Plc has launched the sale of its non-life insurance business, sources told Reuters on Monday, a global division worth about $1 billion and now part of the bank’s plan to strip away non-core units. HSBC, Europe’s biggest bank …