Travelers is now offering control of well coverage on an admitted basis to upstream oil and gas clients. This coverage will be immediately available on an admitted basis in 25 states, and is expected to be available in most other …
Georgia Insurance Commissioner John W. Oxendine said that heavy winds, rain and thunderstorms on Nov. 30 caused an estimated $5 million in insured losses in Gwinnett County on Nov. 30. This estimate includes damage to cars as well as homes …
The world really gets no respite from global weather events. Just as the hurricane season draws to a close, the European windstorm season, which usually lasts around four months, starts up. In its examination of the onset of bad weather …
Analysts’ dividend forecasts point to steady recovery BP, analysts, may be underestimating legal charges BP has history of low-balling long-term cost of disasters “Gross negligence,” punitive damages not ruled out Analysis shows how $50 billion could be added to cost …
Many of Alabama’s personal and commercial lines insurers have established the Alabama Insurance Information Service (AIIS), a not-for-profit, non-lobbying trade association to provide news and information to the public. AIIS is based in Montgomery and plans to work primarily through …
Ohio-based wholesale insurance broker and program administrator Breckenridge Insurance Services has acquired the assets of International Placement Services, LC (IPSICO), a wholesale insurance brokerage firm in St. Louis. Terms were not disclosed. The deal is the fourth for Breckenridge, which …
New U.S. health insurance spending rules aimed at ensuring more customer dollars go toward medical care were finalized on Monday, ending a source of uncertainty for investors in the sector. Although the limits are mandated in the new healthcare law, …
Aon Benfield has issued a briefing on uncommon European winter storm tracks in conjunction with the University of Cologne. The research points to a lower total number of events in the future, but “indicates intense storms moving over the North …
Paul Halter has joined workers’ compensation specialist Patriot National Insurance Group as regional vice president of the newly created Southeast region. In his new role, Halter will establish a Patriot National regional office in Charlotte, N.C. and will take responsibility …
The Nov. 2 elections will mean there will soon be a number of new insurance commissioners across the country. Three states – Georgia, California, and Oklahoma-elected new insurance commissioners. Republican state Sen. Ralph T. Hudgens will be the new Georgia …
