Insurance news

• Universal gets Iowa homeowners license

  01-04-2017 06:09
  Universal Insurance Holdings (UIH) is set to continue expanding
  its geographic footprint after its main operating subsidiary won
  approval from the Iowa Insurance Division as a licensed insurer in
  the state.
  The publicly traded homeowners insurer based in Fort Lauderdale,
  Florida said it would now look to build out its presence in Iowa,
  extending its reach as a national writer of the business class.
  "This step highlights the progress we have made in
  successfully executing our geographic expansion
  
  Read more

• Nautilus elevates Buckhardt at new strategic group

  01-04-2017 06:09
  WR Berkley's Nautilus excess and surplus unit promoted Trish
  Buckhardt to senior vice president in charge of its new strategic
  initiatives group.
  The wholesaler elevated Buckhardt from vice president of
  business strategic projects. Buckhardt joined the Scottsdale,
  Arizona company last year from Nationwide's E&S platform
  and has over 30 years of experience in the segment.
  "Trish's skills and reputation in the E&S market
  are invaluable and we're thrilled to have her in this new
  role," said
  
  Read more

• Alliant claims victory over Aon in 'poaching' trial

  01-04-2017 00:42
  Acquisitive US broker Alliant has claimed vindication in a
  years-long legal battle with Aon over its 2014 hiring of a group of
  California producers from its much larger rival.
  After an eight-week trial, a Fresno jury found in Alliant's
  favour on all the remaining counts at issue, the Newport Beach,
  California-based company said yesterday in a statement. The verdict
  came on 22 March after under five hours of deliberations, Alliant
  said.
  Aon had sued Alliant and some of the former...
  
  Read more

Follow @Insurance_UKnws on Twitter!