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Canal Insurance Company, a commercial truck carrier, announced that John Pollock has been elected the new president and chief executive officer to replace retiring CEO Charles M. "Chuck" Timmons, Jr.

The insurance industry has written specialty policies to cover many risks that fall well outside of the proverbial box.

Property and casualty claim data indicate that the insurance industry spends billions of dollars each year removing fallen trees and shrubs (trees) from insured structures and properties.

From four-legged vandals escaping police custody to a modern-day twist on Archimedes' ancient death ray, most insurance professionals have a war story or two about weird and unusual claims they've seen over the years.

ACE Private Risk Services, part of the ACE Group of Companies, announced a specialized personal umbrella policy with up to $100 million in limits for high-net-worth customers in early March, to sit above their homeowners and auto policies.

For carriers who offer insurance products in specialized and niche markets, special attention must be paid to these changing world variables in order to prevent claim practices from becoming irrelevant.

The construction industry continues to struggle in the current economic downturn, with new project starts down in both the residential and commercial sectors. Securing builders risk coverage for

During a time of economic uncertainty, curbing educational expenditures is not even a remote consideration.