News Center


News – Insurance Journal

Ed Broking to Open Bermuda Operation
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 by the Bermuda Monetary Authority, the operation will be built and led by Chris …

POSTED DECEMBER 10, 2018 12:17 PM
AIG Expands Coverage as Whiskey Collecting Gains Among Wealthy
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, head of global collections at AIG’s private client group. The insurance giant has …

POSTED DECEMBER 10, 2018 11:53 AM
Draycott Named CEO of Ed Broking in Preparation for BGC Partners’ Purchase
Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Andrew Draycott as CEO-designate of Ed Broking in London. His appointment is subject to regulatory approvals and he will take up his role once the acquisition of …

POSTED DECEMBER 10, 2018 11:39 AM
Gallagher Buys Boston Marks Group with Offices in N. Zealand, Australia, UK & U.S.
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based insurance broker, has acquired Boston Marks Insurance NZ in New Zealand, BMG Aviation in Australia and the book of business of Boston Marks Insurance Brokers in the United Kingdom, which are …

POSTED DECEMBER 10, 2018 11:22 AM
BHSI Withdraws from Hong Kong Employees’ Compensation Terrorism Pool
Berkshire Hathaway Specialty Insurance Co. (BHSI) announced that it has withdrawn from the Hong Kong Employees’ Compensation (EC) terrorism pool, effective Dec. 1, 2018. BHSI said it is now the first insurer in Hong Kong to provide EC terrorism coverage …

POSTED DECEMBER 10, 2018 10:41 AM
Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Expanding Public Sector Portfolio
Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government’s development finance institution, which furthers the company’s diversification strategy in a market when organic growth is hard to find. The …

POSTED DECEMBER 10, 2018 10:12 AM
Peak Re Launches Asian Reinsurance Sidecar Deal Using Bermuda Special Purpose Insurer
Peak Reinsurance Co., the Hong Kong-based reinsurer, announced it has launched Asia’s first sidecar transaction via a new Bermuda-domiciled special purpose insurer, Lion Rock Re Ltd., to provide collateralized retrocession for part of Peak Re’s global property reinsurance risk portfolio. …

POSTED DECEMBER 10, 2018 9:47 AM
UK Can Reverse Brexit Process, Rules Top EU Court
The U.K. can unilaterally reverse the Brexit process, the European Union’s top court said in a landmark ruling that will fuel the campaign to thwart the divorce on the eve of a possible make or break vote in the British …

POSTED DECEMBER 10, 2018 9:27 AM
Georgia Claims Uber Owes State $22M in Sales Taxes, Other Charges
Uber could owe tens of millions of dollars to Georgia if the state is successful in a legal battle. The Georgia Department of Revenue has billed Uber $22.1 million for sales taxes and other charges that it maintains are owed …

POSTED DECEMBER 10, 2018 5:45 AM
Best Upgrades Credit Ratings of Florida-Based Bankers Insurance Co., Subsidiaries
AM Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb-” of Bankers Insurance Co., headquartered in St. Petersburg, Fla., and its property/casualty subsidiaries, Bankers …

POSTED DECEMBER 10, 2018 5:39 AM

Yahoo News - Latest News & Headlines

Read James Comey's Testimony To The House Oversight Committee

Read James Comey's Testimony To The House Oversight CommitteeJames Comey, the FBI director fired by President Donald Trump last year,




POSTED DECEMBER 08, 2018 6:48 PM

Anti-Semitic Flyers Found In Pittsburgh Synagogue Shooting Neighborhood: Police

Anti-Semitic Flyers Found In Pittsburgh Synagogue Shooting Neighborhood: PolicePolice are investigating anti-Semitic pamphlets found in Pittsburgh, including




POSTED DECEMBER 09, 2018 6:27 PM

PHOTOS: Haunting images of abandoned places across Northern Ireland

PHOTOS: Haunting images of abandoned places across Northern IrelandThese haunting images capture abandoned homes across Northern Ireland — complete with old prams, unopened food tins, toys and dusty wedding photographs.




POSTED DECEMBER 08, 2018 1:31 PM

After defeat in Iraq, IS fights on in last enclave in Syria

After defeat in Iraq, IS fights on in last enclave in SyriaBAGHDAD (AP) — A year after it was routed from Iraq in a devastating war that left entire neighborhoods and towns in ruins, the Islamic State group is fighting to hang on to its last enclave in eastern Syria, engaging in deadly battles with U.S.-backed forces.




POSTED DECEMBER 08, 2018 12:22 PM

Lindsey Buckingham says Stevie Nicks gave Fleetwood Mac 'an ultimatum,' caused his departure

Lindsey Buckingham says Stevie Nicks gave Fleetwood Mac 'an ultimatum,' caused his departureLindsey Buckingham is opening up about why he was ousted from Fleetwood Mac - and pointing a finger at Stevie Nicks in the process.




POSTED DECEMBER 08, 2018 10:23 AM

Tesla CEO Elon Musk taunts US financial regulatory agency

Tesla CEO Elon Musk taunts US financial regulatory agencyElon Musk, the CEO of Tesla, openly derided the US Securities and Exchange Commission in an interview aired Sunday, having settled fraud charges with the regulatory agency over an errant tweet. Musk had to resign as Tesla chairman under a September arrangement with the SEC to settle fraud charges stemming from a tweet in which he said he planned to take the firm private and already had the financing to do it.




POSTED DECEMBER 09, 2018 9:00 PM

Cory Booker tests 2020 waters with early dip into New Hampshire

Cory Booker tests 2020 waters with early dip into New HampshireCory Booker prepares to take a selfie with a supporter in Manchester. On a frigid Saturday morning a full 14 months before the New Hampshire primary, Democrats warmed themselves with coffee as they waited for Cory Booker. The New Jersey senator, a potential candidate for president in 2020, was to appear in the suburban living room of a former state senator.




POSTED DECEMBER 09, 2018 1:00 AM

Would Taiwan Fight China Without U.S. Support?

Would Taiwan Fight China Without U.S. Support?It is in the interests of the United States to send reassuring signals to the public in Taiwan about the U.S. determination to assist and defend Taiwan.




POSTED DECEMBER 09, 2018 9:32 PM

An '(Unintentional) Grinch' Tried To Ban Christmas From The Classroom

An '(Unintentional) Grinch' Tried To Ban Christmas From The ClassroomAn elementary school principal from Omaha, Nebraska has been placed on




POSTED DECEMBER 09, 2018 9:37 PM

Inside the Navy's flyover farewell for President George H.W. Bush

Inside the Navy's flyover farewell for President George H.W. BushNavy pilots who participated in the 21 aircraft flyover at George H.W. Bush's funeral in Texas describe what it was like to be part of that historic tribute for the late president.




POSTED DECEMBER 09, 2018 9:04 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Angelina Casualty Insurance Agency confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.