Archive for November 2015

Everest Re Group, Ltd., has expanded its U.S. specialty insurance platform, Everest National Insurance Co., with the introduction of a new dedicated Inland Marine underwriting team. Everest National is pursuing a broad and comprehensive strategy in the implementation of its … Read More Read more here:: Insurance Journal       

Cooper Gay Swett & Crawford (CGSC), the U.K.-based global wholesale, underwriting management and reinsurance broking group, announced today that, following a strategic review of its group businesses, the company will pursue a sale of its North American business unit (CGSC … Read More Read more here:: Insurance Journal       

The New York state attorney general’s office, which told Peabody Energy this week to give investors more details about how its sales would suffer from measures to curb global warming, is now mulling whether the tactic it used with the … Read More Read more here:: Insurance Journal       

HSB Engineering Insurance has launched a new cyber insurance product aimed directly at small to medium-sized businesses in the U.K. In response to the growing demand for insurance solutions to cover cyber risks, HSB’s Cyber Insurance product provides computer, data … Read More Read more here:: Insurance Journal       

A federal judge has set a deadline for damage claims filed by relatives of crewmembers who were lost aboard a cargo ship that sank last month in Hurricane Joaquin. U.S. District Court Judge Harvey Schlesinger set Dec. 21 as the … Read More Read more here:: Insurance Journal       

Brazil’s president slapped preliminary fines of 250 million reais ($66.2 million) against a mine in the country’s southeast where two dams burst, killing nine people and coating a two-state area with mud and mine waste. The fines, announced after President … Read More Read more here:: Insurance Journal       

Severe weather in all regions of the state this year has resulted in high numbers of insurance claims from property and auto losses in Texas, according to an insurance company trade group. The Insurance Council of Texas reported that paid … Read More Read more here:: Insurance Journal       

Joe O’Connor has joined Texas-based Southwest Risk LP as senior vice president, broker and underwriter with a primary focus on developing new Marine & Energy products. He is based in Houston. O’Connor has 23 years of global experience with both … Read More Read more here:: Insurance Journal       

The Westfield Insurance Foundation is creating the James R. Clay Scholarship to honor its outgoing chairman and CEO. The Ohio Farmers Insurance Co. (OFIC) board of directors authorized the transfer of $100,000 to the Foundation to establish an endowment for … Read More Read more here:: Insurance Journal