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News Center

News – Insurance Journal

UK MGA Plum Opens Underwriting, Support Center in Basildon, England
Plum Underwriting, the specialist home insurance managing general agent in the UK market, has opened an underwriting and service center as part of its strategy to support continued growth. The center, located in Basildon, England, brings together underwriting, claims, pricing, …

POSTED DECEMBER 13, 2017 2:25 PM
Tower Group Companies Top List of U.S. P/C Impairments in 2016: A.M. Best
Of the 14 property/casualty impairments identified for 2016, 11 were members of the Tower Group, with the remaining three composed of two medical professional liability risk retention groups and a commercial lines reinsurer, according to a new A.M. Best special …

POSTED DECEMBER 13, 2017 2:04 PM
Alliant Hires New Jersey-Based Blazier to Further Eastern U.S. Growth
Alliant’s ongoing growth campaign in the Eastern U.S. is continuing with the addition of Senior Vice President Devin E. Blazier. The New Jersey-based industry veteran has joined the company’s Alliant Americas division with technical expertise in professional liability, group captives, …

POSTED DECEMBER 13, 2017 1:09 PM
Ten Appointed to Newly Formed New York State Insurance Advisory Board
Financial Services Superintendent Maria T. Vullo has announced the 10 appointees who will serve on the newly formed Department of Financial Services (DFS) State Insurance Advisory Board. Governor Andrew M. Cuomo signed legislation to create the board earlier this year. …

POSTED DECEMBER 13, 2017 1:06 PM
Factbox: More Insurers Make Decisions About Post-Brexit Headquarters
Liberty Specialty Markets said it planned to redomicile its UK insurance company to Luxembourg, as a result of Britain’s decision to leave the European Union. Below are insurers’ plans for EU subsidiaries (in alphabetical order) in case Britain does not …

POSTED DECEMBER 13, 2017 1:03 PM
CNA Appoints Allen as Vice President of Boston Branch
CNA has appointed Tom Allen as vice president of its Boston, Mass., branch, effective January 2, 2018. In this role, Allen will be responsible for leading the branch in cultivating deeper relationships with producers and accelerating CNA’s market presence in …

POSTED DECEMBER 13, 2017 12:32 PM
Brit Launches Bermuda-Based Collateralized Reinsurer Sussex Capital
Brit Ltd., the London-based specialty insurer and reinsurer, has launched a Bermuda-domiciled collateralized reinsurance platform, Sussex Capital. Sussex Capital, through Sussex Re, a newly established Bermuda-domiciled special purpose insurer, will write direct collateralized reinsurance while also providing collateralized reinsurance to …

POSTED DECEMBER 13, 2017 11:56 AM
Allied World Launches Professional Liability Policy for Healthcare Consultants
Allied World Assurance Co. Holdings has launched a professional liability policy, offering coverage specifically designed to address the risks of health care consultants and companies that provide consulting services to healthcare facilities. This comprehensive protection includes contingent bodily injury coverage …

POSTED DECEMBER 13, 2017 11:11 AM
BHSI Launches Financial Institution Professional Indemnity Insurance in Asia
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has introduced Financial Institution Professional Indemnity (FIPI) insurance in Asia. “Financial institutions are seeing an increase in both the frequency and severity of professional indemnity claims,” said Scotland Walsh-Riddle, head of Executive …

POSTED DECEMBER 13, 2017 10:56 AM
Uncertainty Hangs Over Florida Citrus Growers After Irma’s Damage to Crops
Although the 2017-18 citrus harvest has barely begun, growers are already planning for the 2018-19 season, and they have critical decisions to make in the coming months that will affect next season’s crop and perhaps others in years to come. …

POSTED DECEMBER 13, 2017 5:41 AM

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