Florida property sector adds 12th carrier with Apex Star approval

Nearly 1,500 reports of severe storms were recorded between April 2 and 7 Source link

The A&E liability space in the U.S. is served by a mix of major national carriers, managing general agents, and specialty insurers. Many providers offer tailored programs for firms of various sizes, often incorporating risk management resources and loss prevention services. Market demand for this coverage remains steady, driven by ongoing activity in commercial construction,…

The problem, Merlin argued, isn’t the existence of affiliated service providers – it’s the lack of transparency and oversight. “Managing general agents, service companies, reinsurers all have a proper place, and they can be affiliated,” he said. “But that’s why the transactions have to be audited.” Source link

“The litigation environment for large companies in the US is increasingly hostile, and business as usual is not the answer,” said John Keogh, president and chief operating officer of Chubb Group. “This initiative, between three of the largest, most experienced insurers in the large account market, is our effort to bring a new approach in…

His successor has been with the company since 2008 Source link

Zurich was represented by Mound Cotton Wollan & Greengrass LLP, with Philip C. Silverberg as counsel. Providence Capital LLC and Sherle Wagner International LLC were represented by Kevin Schlosser of Meyer, Suozzi, English & Klein, P.C., and Daniel M. Rabinovitz of Murphy & King, P.C., admitted pro hac vice.  Source link