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Historic Indiana Fieldhouse Hit by Storm Insured for Nearly $10M
A central Indiana fieldhouse that’s one of the nation’s largest high school basketball venues was insured for nearly $10 million when a severe thunderstorm recently damaged it, school officials say. The historic Muncie Fieldhouse was valued at $9,858,130 on Feb. …

POSTED NOVEMBER 17, 2017 5:18 PM
Miralles to Lead Enterprise Risk Management at CNA as Chief Risk Officer
Chicago-based commercial, CNA, has appointed Al Miralles as chief risk officer (CRO), effective Jan. 1, 2018. Miralles joined CNA in 2011 as senior vice president and treasurer and has been leading the Long Term Care business since 2014. In addition …

POSTED NOVEMBER 17, 2017 5:15 PM
Markel Finalizes Acquisition of State National Companies
Markel Corp. has completed its previously announced acquisition of State National Companies, a specialty provider of property/casualty insurance services that operates two core businesses, program services and lender services. Markel, a Virginia-based in Virginia holding company for insurance, reinsurance and …

POSTED NOVEMBER 17, 2017 4:44 PM
UK’s IUA Publishes Good Practice Guide for Delegated Authorities
A guide to good practice for delegated authority arrangements in the London company market has been published by the International Underwriting Association, the group that represents non-Lloyd’s international and wholesale insurance and reinsurance companies in the London Market. The guide …

POSTED NOVEMBER 17, 2017 4:05 PM
United Valley Insurance Services in California Adds De La Torre in Marketing
Fresno, Calif.-based United Valley Insurance Services Inc. has named Maggie De La Torre a marketing team assistant. De La Torre holds a will provide support to the United Valley marketing team and will market high net worth personal lines, flood …

POSTED NOVEMBER 17, 2017 3:15 PM
China Tightens Rules on $15 Trillion Asset Management Sector to Cut Systemic Risks
China’s central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing to fend off systemic risks in the country’s rampantly growing shadow banking sector. The guidelines unified rules covering asset management …

POSTED NOVEMBER 17, 2017 3:11 PM
Assurance Adds Wolfrey to Washington D.C. Team as Risk Management Consultant
Assurance, a Top 50 U.S. insurance brokerage, has hired Eric Wolfrey to its Washington D.C. team to serve as a risk management consultant. Wolfrey will provide business insurance and risk management solutions to a variety of industries with a concentration …

POSTED NOVEMBER 17, 2017 2:27 PM
Patron Injured After Car Crashes Into Maine Diner
Police in Maine say a man has been injured and another man arrested after a car involved in a collision barreled into a diner. According to police, three vehicles were involved in a collision in Sanford around 3:36 p.m. Tuesday. …

POSTED NOVEMBER 17, 2017 2:25 PM
American Arbitration Association Opens Office in Upstate New York
The American Arbitration Association (AAA), a provider of conflict management and dispute resolution services, has opened a new office in Buffalo, N.Y., offering local arbitration support in a region that has experienced an increase in arbitration requests for no-fault auto …

POSTED NOVEMBER 17, 2017 2:19 PM
Barbican Insurance Launches U.S. Specialty Property MGA Targeting Southeast, Gulf Coasts
Barbican Insurance Group has launched Barbican Specialty US, a new managing general agency (MGA) providing wholesale excess and surplus (E&S) property insurance for small-to-medium-sized commercial operations along the southeastern coast of the United States. Based in Atlanta and Kansas City, …

POSTED NOVEMBER 17, 2017 2:16 PM

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