Insurance brokerage and risk management firm Integro has acquired ReSource Intermediaries, Inc., a reinsurance advisory and brokerage firm based in San Francisco. The move paves the way for New York-based Integro to become a reinsurance broker in the U.S., according …
The Gulf of Mexico oil spill will push up costs and reduce the number of offshore oil and gas operators in U.S. waters for a long time to come, oil company executives told an industry conference in London on Tuesday. …
Brown & Brown of Florida has acquired insurance broker Beecher Carlson subsidiaries, Thomas R. Jones, Inc. and T.R. Jones & Co. of Broward, L.C., collectively doing business as T.R. Jones & Co. T.R. Jones & Co. sells commercial and personal …
R-T Specialty, LLC, the wholesale brokerage unit of Ryan Specialty Group, LLC, has acquired McAuley Woods & Associates. Headquartered in Palm Beach, Florida, McAuley Woods is a wholesale insurance brokerage that also has offices in Charlottesville, Virginia and Nashville, Tennessee. …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of UK-based FM Insurance Company Limited (FMI), both with stable outlooks. The affirmation of the ratings …
Griffin Underwriting Services of Bellevue, Wash., has added Carrie Wray as a property/casualty underwriter in the company’s Portland, Ore., office. Wray will be responsible for underwriting and marketing contract commercial property and casualty business in Oregon. She has more than …
Aubie W. Knight has assumed the role of chief executive officer of the Independent Insurance Agents of Georgia (IIAG). Knight has been with IIAG since 1996. During his tenure, he has been responsible for most of IIAG’s for-profit operations and …
Kentucky’s state auditor has found no fraud in the insurance buying practices of the Lexington-Fayette County Urban Government. Auditor Crit Luallen said her agency found no evidence to conclude that the city’s decision to purchase workers’ compensation coverage through the …
Willis Re, the reinsurance arm of global insurance broker Willis Group Holdings, has released “detailed risk estimates and large event scenarios for key cities including São Paulo, Santiago and Bogotá.” Willis said the models, developed by its Willis Research Network …
Allied World Assurance Company Holdings, Ltd has launched a next generation of Allied World’s Privacy Liability product: Privacy//403v2. Privacy//403v2 is designed specifically for a broad spectrum of nonâ€technology companies including, financial institutions (banks and other commercial/consumer lenders), healthcare organizations (both …
