Universal Insurance Holdings of North America and ICAT Holdings LLC of Boulder, Colo., have received regulatory approval that completes Universal North America’s purchase of ICAT Specialty Insurance Co. (ISIC). Under the terms of the agreement, Universal North America will acquire …
You don’t need to get too deep into conversation these days to find out people are afraid. Given changes in business, the economy and government, many individuals feel they don’t know what or who to trust. These changes, I believe, …
The Bermuda-based Argo Group International Holdings announced that its Lloyd’s operation, Heritage Managing Agency Ltd., has been renamed Argo Managing Agency Ltd. and will conduct business under the brand name of “Argo International.” The rebranding continues the integration of the …
Lloyd’s CEO Richard Ward, in a speech given to a meeting in Tokyo of the Geneva Association, the organization for the study of insurance economics today, called for insurance to play a bigger role in providing vital financial assistance to …
Some 50-year-olds may wish 50 really were the new 40, but for Delta General Agency Corporation turning 50 is a milestone the Houston-based insurance wholesaler is proud to celebrate. Formed in 1959 by Houston retail agent Avrohm Wisenberg as a …
USG Insurance, national wholesaler and program manager headquartered in Canonsburg, Pa., has announced an insurance program for auto dealerships that are closing their doors. According to Kristen Taylor, national marketing director, “We anticipate this insurance product to become in high …
Private weather forecaster Planalytics predicted Wednesday that the 2009 Atlantic hurricane season will produce 10 tropical storms, of which six will become hurricanes. The company said one or two of the storms were likely to become major hurricanes of Category …
The Wisconsin Supreme Court says police were within their rights to pull over a drunken driver whose vehicle briefly crossed the center line. The case involves Michael Popke, who was stopped in 2007 in New London after an officer saw …
With its acquisition in early 2009 of the international business of GAB Robins (excluding its UK operations) and the U.S. forensic engineering firm, EFI Global, Cunningham Lindsey became the second largest property casualty insurance claims adjusting and risk management firm …
Demand for disaster derivatives is surging as insurers seek alternatives to scarce reinsurance and expensive catastrophe bonds, with the forthcoming North Atlantic hurricane season likely to give a further boost. Prices are at record levels for Industry Loss Warranties (ILWs) …
