Guy Carpenter & Company, LLC has published its annual, comprehensive study of the global property catastrophe reinsurance market – “The World Catastrophe Reinsurance Market: New Capital Stabilizes Market.” The report covers 23 countries and four regions, representing more than 90 …
The owner of a Charleston, S.C. furniture store where nine firefighters died said he wished he had put sprinklers in the building. But Herb Goldstein said they were expensive and not required when he build the massive Sofa Super Store …
The Cooper Gay Group, one of the London market’s largest privately owned insurance and reinsurance brokerage groups, announced that it has acquired the reinsurance and terrorism broking teams of CRS Group (London) plc., effective Sept. 1. Cooper Gay’s CEO Toby …
Illinois residents who want to know about the safety of local bridges can’t get the information easily. Deciphering what they do get is even harder. The Illinois Department of Transportation won’t release inspection reports that provide detailed information about bridge …
A.M. Best Co. has downgraded the its Syndicate Rating to “A” (Excellent) from “A+” (Superior) and the issuer credit rating (ICR) to “a+” from “aa-” of Lloyd’s Syndicate 1414, which is managed by Ascot Underwriting Limited (AUL). The outlook for …
Technology E&O Nuts & Bolts: International Excess Agency Inc. is offering technology errors and omission coverage that combines tech E&O with network security, media and advertising and miscellaneous professional liability coverages. Coverage includes: E&O cover for both technology products and …
170,000 The year-round population of coastal Delaware’s Sussex County which is growing and has state officials concerned about evacuation plans for hurricanes and other natural disasters. There are few ways off the Delmarva Peninsula and the Chesapeake Bay Bridge, crossed …
Environmental Casualty Coverage Nuts & Bolts: USAssure Insurance Services provides enhancements such as general liability, automobile, workers’ compensation, owners and contractors protective liability, as well as umbrella/excess coverage. Our target market includes, but is not limited to: environmental contractors, consultants …
Two senators want to know why a $1 billion Sept. 11 insurance fund appropriated by Congress to help ailing ground zero workers has not been used to compensate those exposed to harmful substances. Senate Judiciary Chairman Patrick Leahy, D-Vt., and …
Nurseries and Tree Farms Nuts & Bolts: Advanced AFT insures trees, plants and shrubs both in the ground and in containers for property insurance excluding crops (wheat, corn etc.). Dollars: $250,000 to $10 million. Carrier: Rated “A” by A.M. Best. …
