Industry News

Insurance Journal

Ed Broking to Open Bermuda Operation

Dec 10, 2018 Ed, the London-based reinsurance, wholesale and specialty broker, announced that it will expand its international footprint by setting up a broking platform in Bermuda. Once approved...

AIG Expands Coverage as Whisky Collecting Gains Among Wealthy

Dec 10, 2018 With prices of rare whisky soaring into the six and seven digits, ensuring that precious spirit is protected is not only recommended but essential, says Ron Fiamma...

Draycott Named CEO of Ed Broking in Preparation for BGC Partners’ Purchase

Dec 10, 2018 Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Andrew Draycott as CEO-designate of Ed Broking in...

Gallagher Buys Boston Marks Group with Offices in N. Zealand, Australia, UK & U.S.

Dec 10, 2018 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, has acquired Boston Marks Insurance NZ in New...

Claims Journal

The Case of the Apple Tree Boy

Dec 10, 2018 M.I. Hummel figurines, or “Hummels,” have been an incredibly popular collectible since their introduction by the porcelain maker Franz Goebel in 1935. It may be surprising to know that...

WCRI: Texas Workers’ Comp Medical Costs Per Claim Down Since 2014

Dec 10, 2018 Medical payments per workers’ compensation claim in Texas decreased from 2014 to 2016 for claims with more than seven days of lost time, evaluated as of...

Study Finds Driver Cell Phone Bans Are Saving Motorcyclists’ Lives

Dec 10, 2018 Laws to ban or curb drivers’ use of cell phones and other handheld devices have greatly reduced the rate of fatalities for motorcyclists, according to a...

Ex-Minnesota Grain Elevator Manager Charged With Mail Fraud, Stole $5M

Dec 07, 2018 The former manager of a western Minnesota grain elevator who disappeared after allegedly stealing nearly $5 million is charged in federal court with mail...

Best's Reviews

Swiss Re Names Life and Health Products Head

Dec 07, 2018 Paul Murray was named head of life and health products for Swiss Re. The appointment begins immediately, said Swiss Re in a statement. Murray succeeds Russell...

Liberty Rebrands and Appoints President of Ironshore Bermuda Businesses

Dec 07, 2018 Liberty Specialty Markets, part of Liberty Mutual Insurance Group, said it will integrate its Ironshore Bermuda businesses and brands into a...

Enstar Closes on $200 Million Investment in AmTrust

Dec 07, 2018 Enstar Group Ltd. said it completed a transaction to invest an aggregate of $200 million in an entity formed to take AmTrust Financial Services Inc. private....

AM Best Upgrades Issuer Credit Rating of KnightBrook Insurance Company; Affirms Credit Ratings of Subsidiaries

Dec 07, 2018 AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and...