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Beer brewing has far exceeded its tie-die-shirt-and-Birkenstocks roots to become a billion-dollar industry that has gained increasing attention from the insurance industry, especially in this growing age of specialization.

Roger Ablett, practice leader at Allianz Global Corporate & Specialty, has been elected the 51st chairman of the American Institute of Marine Underwriters (AIMU) since it was established in 1898.

IDP acquires NSU, Marsh & McLennan acquires The Protector Group. New programs from All Risks and Continental Underwriters. Certified Program Leader designations and 2011 Variance Prize winners announced. Applied Systems released TAM 12. Candy Holland appointed to deputy president of Chartered Institute of Loss Adjusters.

IDP acquires NSU, Marsh & McLennan acquires The Protector Group. New programs from All Risks and Continental Underwriters. Certified Program Leader designations and 2011 Variance Prize winners announced. Applied Systems released TAM 12. Candy Holland appointed to deputy president of Chartered Institute of Loss Adjusters.

In the 1990s, Surety companies were making a lot of money thanks to a booming economy that kept contractors busy and solvent. Insurers flooded the Surety marketplace to take advantage, prices dropped, and excess capacity built up. Predictably, when the recession of the early 2000s hit, contractor defaults led to...

Insurance broker Arthur J. Gallagher made five acquisitions in a busy month for M&A activity.

Insurer OneBeacon says it expects an after-tax charge of $101 million in the third quarter related to a deal to sell its runoff business to an affiliate of Bermuda-based Armour Group Holdings.

Markel acquired Essentia from OneBeacon, new and expanded programs from Aon, Enservio, ISO, New Level Partners and Affinity Healthcare