Posts by vgeorgiev

By L.S. Howard Irma barreled toward Florida after battering Puerto Rico and devastating a chain of small Caribbean islands, as the Category 5 hurricane threatens to turn into the most expensive storm in U.S. history. Irma, one of three hurricanes churning toward North … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Global insurance broker Hub International Limited (HUB) has named Marc Cohen, currently president, as president and chief executive officer, effective January 1, 2018. He will also be a member of the board of directors. Cohen will be succeeding as CEO … Read More Read more here:: Insurance Journal       

By Don Jergler The Federal Emergency Management Agency has authorized the use of federal funds to assist California in fighting the Pier Fire burning in Tulare County. The state submitted a request for a fire management assistance for the Pier Fire on Sept. … Read More Read more here:: Insurance Journal       

By Don Jergler Calling Hawaii “a state as well as a state of mind,” a federal judge refused to dismiss a lawsuit accusing the maker of Kona craft beer of misleading consumers into believing the beer was actually made in the 50th U.S. … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson American International Group announced that Lucy Fato will join the company as executive vice president and general counsel. Fato will oversee the Global Legal, Compliance, Regulatory and Government Affairs function, and will report to AIG President and Chief Executive Officer … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Hurricane Irma, one of the most powerful Atlantic storms in a century, churned across northern Caribbean islands on Wednesday with a potentially catastrophic mix of fierce winds, surf and rain, en route to a possible Florida landfall at the weekend. … Read More Read more here:: Insurance Journal       

For a second consecutive year, underwriters of surplus lines insurance in the United States generated just modest growth in direct premium of 2.8 percent in 2016, according to a new A.M. Best special report. Surplus lines writers also posted an … Read More Read more here:: Insurance Journal       

By Don Jergler A magnitude 3.3 earthquake has hit the Cook Inlet region of Alaska, the Alaska Earthquake Center confirmed. The center reported the earthquake struck at 6:11 p.m. Sunday eight miles west of Tyonek, a village of about 190 people. The center … Read More Read more here:: Insurance Journal       

By Don Jergler The U.S. Geological Survey confirmed a moderate magnitude 5.3 earthquake has rumbled through southeast Idaho. There were no immediate reports of damage or injuries. The epicenter of the quake was located 11 miles east of Soda Springs, Idaho, and was … Read More Read more here:: Insurance Journal