business moves News

Berkley FinSecure Announces Formation of Berkley Crime Unit

Maryland-based Berkley FinSecure, a W .R. Berkley company, announced the formation of Berkley Crime, an operating unit focused solely on offering a wide range of crime related insurance products. The crime underwriting team, which was originally established in 2008 as …

Aquiline Capital Partners Investing in Worley Claims Services

Aquiline Capital Partners LLC, a New York-based private equity firm, announced it is acquiring a majority stake in Worley Claims Services, headquartered in Hammond, La. Founded in 1976, Worley provides of claims adjustment and related services across the United States. …

High Net Worth Insurer Expands into Indiana

Crestbrook Insurance Co., an affluent market personal lines offering from Nationwide, announced its expansion into Indiana. Crestbrook offers insurance products through appointed agents and brokers that address the unique coverage needs for home, auto, collections, personal excess liability, secondary residences …

AIG Offers $1B Casualty Capacity for North American Rail Companies

American International Group, Inc. announced that it has expanded excess casualty liability limits for Class 1 railroads in the U.S. and Canada to $1 billion per occurrence. This coverage for catastrophe losses would be in excess of $1.5 billion in …

e|djuster Announces Catastrophe Services Team

e|djuster, a national contents valuation company, announced the creation of a Catastrophe Services Team (CST) to meet the varied needs of insureds affected by catastrophic weather events, wildfires and earthquakes. The CST is comprised of the most experienced and credentialed …

GEICO Hiring Auto Damage Adjusters in Las Vegas

In order to keep up with rapid growth, GEICO is looking to add to its ranks of dedicated auto damage adjusters, both in entry-level positions and in leadership roles. Entry level jobs for adjusters begin with specialized training, and there …

AIR Worldwide Releases U.S. Inland Flood Model

Catastrophe risk modeling firm AIR Worldwide (AIR) has released a physically based, probabilistic inland flood model for locations on and off the many and varied floodplains across the United States. The AIR Inland Flood Model for the United States defines …

ABRA Auto Body & Glass Continues Chicago Area Expansion

ABRA Auto Body & Glass, a national damaged vehicle repair company, announced the acquisition of Auto Werks of Northbrook, Inc. in Illinois – about an hour northwest of downtown Chicago. Terms of the transaction were not disclosed. The growth in …

Charles Taylor Launches Safety Management Consulting Business in U.S.

Charles Taylor announced the launch of Charles Taylor Safety Management (CTSM), a new business to help businesses improve safety, reduce accidents and related insurance claims. CTSM will provide safety services to the manufacturing, offshore energy, construction, mining and other industries. …

FTC Review Delays Verisk’s $650M EagleView Deal

Verisk Analytics Inc., the supplier of data to insurers and banks, said its planned $650 million takeover of EagleView Technology Corp. has been delayed amid a review by antitrust regulators. The purchase agreement has been extended to Dec. 31, after …