Everybody knows that freezing weather is hard on equipment, manpower and the bottom line. But somebody has finally put a price tag on the cold. "The cost of weather-related delays to trucking companies in the U.S. is as much as $3.5 ...
Tags: Freezing Weather, Cost, U.S.Trucking
Fortegra Financial Corporation (NYSE: FRF), announced today that it has reached a definitive agreement to sell Bliss & Glennon, an excess and surplus lines wholesale insurance broker and managing general agency, and eReinsure, an online ...
Tags: Service
Berkshire Hathaway Specialty Insurance has added risk management support services to its healthcare professional liability portfolio. With this development, the company will reimburse insurance policyholders for the costs of pre-approved ...
Tags: Berkshire Hathaway, Healthcare
Allianz Global Assistance, a US travel insurance and assistance provider, has rolled out a new portfolio of Travel Insurance core retail plans marketed by travel agents. The company's 'Classic Plan' is now a suite of plans that comprises ...
Tags: Allianz, Enhanced Products
Switzerland-based specialty insurance and reinsurance company Allied World Company Holdings (AWH) has launched a new professional indemnity product developed especially for the Asia-Pacific marketplace. Launched by Allied World's ...
Tags: specialty insurance
Fairfax Financial Holdings has completed the acquisition of Bermuda-based specialty insurance company American Safety Insurance (ASI). Under the terms of the transaction, for each common share of American Safety its shareholders will ...
Allied World US, a subsidiary of Switzerland-based specialty insurance and reinsurance company, Allied World Company Holdings (AWH), has rolled out a new independent directors liability product named Independent ForceField. The new ...
Bermuda-based AXIS Capital has set up a new syndicate to expand its global underwriting platform, and provide access to Lloyd’s worldwide licenses and distribution network. Named AXIS Syndicate 1686, will be managed by Asta Managing ...
Tags: Insurance, Underwriting Syndicate
Bermuda-based specialty insurer Arch Insurance Group has rolled out increased limits product of up to $5m on its General Liability coverage in the newly formed Contract Binding Operations. Currently, the Arch Contract Binding Operations ...
Tags: Eastern Insurance
Allied World US has introduced a new admitted lawyers' professional liability product, to help law firms to emerge from challenges faced in the current environment. Dubbed as Allied World LPL Assure, the new product addresses challenges ...
Tags: Service
The Tire Industry Association (TIA) has announced a self-funded group employee benefits solution for its members through an alliance with The Association Benefits Solution (TABS). "TIA has been exploring solutions to the health insurance ...
Tags: Auto Parts
Berkshire Hathaway Specialty Insurance has named Todd M Greeley as its new vice president, claims, executive & professional lines, to boost the service offering to the clients. Prior to accepting the current role, Greeley was serving as ...
Tags: Insurance, Berkshire Hathaway
Assurant, a US-based provider of specialty insurance and insurance-related products and services, has agreed to acquire British mobile phone insurance provider Lifestyle Services in an all-cash deal of $160m from Phones 4u Finance. ...
Tags: Assurant, Mobile Phone Insurance
Brit Group Specialty, an Amsterdam-based global specialty insurance and reinsurance firm, is all set to expand its distribution network in Bermuda with the opening of new branch office. The new office, which is subject to regulatory ...
Tags: Brit Group, Distribution Network
Lancashire Holdings’ proposed plan to acquire Cathedral Capital Limited, a privately owned Lloyd's insurer, in an all-cash deal worth £266m, has been approved by its shareholders. The transaction, originally signed on 7 ...
Tags: Lancashire Holdings, insurer