Allied World News

Rise in Wage and Hour Claims Unlikely to Change, Warns Advisen White Paper

Litigation of wage and hour claims has risen 58 percent between 2013 and 2015, according to insurance research provider Advisen Ltd. With the government’s expansion of employees entitled to overtime pay and the expanded definition of an employee, there is …

Allied World Launches Property, Excess Casualty Lines for Canadian Market

Allied World Assurance Company Holdings, AG launched an initial property/casualty offering in the Canadian market. Gord Kerr, senior vice president, chief agent and branch manager, will oversee the build-out of these lines and will be responsible for production, profitability and …

Allied World Comments on Expected Third Quarter 2012 Losses

As a result of the severe drought conditions in the Midwest United States, Allied World Assurance Company Holdings, AG expects to record approximately $40 million of crop reinsurance related losses and loss expenses in the third quarter 2012. This amount …

Allied World Appoints Iain MacLeod, SVP, Asia-Pacific

Allied World Assurance Company Holdings, AG announced the appointment of Iain MacLeod to senior vice president, Asia-Pacific. MacLeod will be based in Singapore and will report to William Cotter, managing director Asia-Pacific. In this role, MacLeod will oversee distribution management …

Allied World Launches Primary Casualty Division

Allied World has expanded its U.S. casualty operations with the launch of a new construction casualty division. New lines of business offered include commercial general liability, commercial automobile, railroad protectives and owners & contractors protective. Product offerings for the new …

Allied World Launches 32/64 Primary EPL Product

Allied World Assurance Company Holdings, AG announced that Allied World Bermuda has launched a new primary employment practices liability (EPL) product for companies needing a comprehensive coverage package. The product, 32°/64°, offers flexible retention options and built-in punitive and exemplary …