Insurer Clements Europe has acquired the International Vehicle Risk Management (IVRM) business from broker Lockton. The IVRM business consists of overseas diplomats and International fleet business, complementing Clements Europe’s core business. Clements International sells insurance for expatriates and international organisations. …
The co-founder and former CEO of Beazley Group, Andrew Beazley, has passed away at the age of 57. Beazley was co-founder of the company and its CEO for 22 years of its 24-year history. The company founded by Andrew Beazley …
A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. An agreement was reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall …
Insurer XL Insurance has partnered with Massachusetts-based Breed’s Hill Insurance Agency, a managing general underwriter, to offer general liability and property coverage for multi-unit apartment buildings, condos and mixed-use real estate risks primarily in the New England. Breed’s Hill will …
Austin, Texas-based NSM Insurance Group has hired Jimmy Squires as business development manager for south Texas, Alabama, Arkansas, Louisiana, Missouri, Mississippi and Tennessee. Squires has more than 20 years experience with carriers and managing general agencies in both senior marketing …
ISU International has added ISU Cerva, Browning, Quinn & Company to the ISU Network. ISU Cerva, Browning, Quinn & Co. has been servicing the Salt Lake City area for more than 30 years and is owned by David Cerva. The …
What if you could get all the benefits of attending an insurance trade show without any expense or leaving your office? Find New Markets, connect with existing markets, learn from the experts in the lecture hall, network with other producers …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Cayman Islands-based Greenlight Reinsurance, Ltd. ,both with stable outlooks. The ratings of Greenlight Re are based on its “excellent risk-adjusted capitalization, …
Virginia-based Argo Group has promoted Ron Vindivich to senior vice president for transportation underwriting for Colony Specialty. In his new role, Vindivich will develop the strategy of a soon-to-be combined garage, brokerage transportation and binding transportation organization. Vindivich has more …
The insurance industry called the passage of the Wall Street Reform & Consumer Protection Act on July 21, 2010, a “big win” thanks to provisions in the massive reform bill that would modernize regulation and taxation issues for surplus lines. …
