Managing general agency J.M. Wilson has added two underwriters to its Kansas City, Mo., team. Eric Shwarz is a new property/casualty underwriter and Kefentse Mandisa is a new transportation underwriter. Shwarz and Mandisa will service accounts for independent agents in …
The Chubb Group of Insurance Companies and FreightWatch International are teaming up against record-high levels of cargo theft. FreightWatch, which reported an 8.3 percent increase in the number of cargo thefts last year, will offer Chubb transportation insurance customers a …
Markel is now a member of CargoNet in an effort to assist policyholders in cargo theft prevention, response, and recovery. CargoNet, which provides information about supply chain risk, is a division of the Verisk Crime Analytics unit at Verisk Analytics. …
W. R. Berkley Corp. has formed a new marine division of its Berkley Offshore Underwriting Managers operating unit. Through its New York office, Berkley Offshore will underwrite a full spectrum of marine hull and liability coverages to brownwater vessel operators, …
National Interstate Corp., headquartered in Richfield, Ohio, reported 2012 first quarter gross premiums written of $130.2 million and net after-tax earnings from operations of $8.6 million or $.44 per share. Gross premiums written decreased 3 percent compared to the 2011 …
RLI Corp. has announced that it will pay the theft activation fee for all of its RLI Marine policy holders who purchase and install an IRONwatch equipment tracking device serviced by the National Equipment Register (NER). This offer will help …
Texas officials say that illegal moving companies are operating statewide, putting consumers at risk for losing their belongings or paying a ransom for getting them back. At a recent press conference, Texas government and moving industry officials cautioned Texans to …
A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to “bb” from “bbb-” of Gateway Insurance Co.y (Gateway) of St. Louis, Mo. The outlook for both ratings is negative. The …
Allianz Global Corporate & Specialty (AGCS) has announced an agreement with its U.S. affiliate AGCS Marine Insurance Co. and CargoNet, an information network for cargo theft prevention and recovery, to help policyholders protect their motor trucks and cargo in transit. …
Federal official have settled a whistleblower case against a New Orleans, La.-based riverboat company. The U.S. Department of Labor announced it has entered into a settlement agreement with St. James Stevedoring Partners LLC New Orleans to resolve findings by the …
