Wed, 24 May 2017 09:20:09 +0000
Bermuda Premier Michael Dunkley said the nation will be able to attract businesses even as U.S. President Donald Trump plans to reduce tax rates to help keep companies onshore. “One of the things that I find very comforting about Bermuda …
Wed, 24 May 2017 09:05:09 +0000
Swiss Re Corporate Solutions has appointed Fred Kleiterp as CEO Europe, Middle East, Africa (EMEA), effective July 1, 2017. In this role, Kleiterp will be responsible for managing the strategy, development and performance of the company’s presence in t...
Wed, 24 May 2017 09:00:48 +0000
EPIC Insurance Brokers and Consultants has added Nick Pedisich as an insurance broker/producer. Pedisich will be based in EPIC’s Concord, Calif. office and report to Curt Perata, president of EPIC’s Pacific North region. He is focused on the transporta...
Wed, 24 May 2017 05:00:31 +0000
How does a company incorporate a sustainable and cohesive risk management system for an enterprise with nearly 100,000 employees, 70 manufacturing and technology research centers located in 170 countries around the world, and $21 billion in annual sale...
Wed, 24 May 2017 04:44:13 +0000
Insurance specialists working to assist Floridians through Florida’s insurance consumer helpline recovered nearly $8.1 million in the first quarter of 2017, according to a statement from Florida’s Chief Financial Officer Jeff Atwater. Recoveries includ...
Wed, 24 May 2017 04:30:08 +0000
A small sinkhole has opened on the road just outside President Donald Trump’s Mar-a-Lago resort in Florida. The Palm Beach Post reports that the 4-foot-by-4-foot (1-meter-by-1-meter) hole was discovered Monday in Palm Beach County just west of one the ...
Wed, 24 May 2017 04:00:22 +0000
The North Carolina Highway Patrol says a tanker truck overturned and caught fire, killing the driver. The patrol told local media outlets that the truck apparently veered off the road in the town of Clayton and hit two culverts, causing …
Tue, 23 May 2017 22:54:50 +0000
A northern Indiana jury has awarded $744,000 to a couple who claimed a now-deceased doctor performed unnecessary surgery on their teenage son. Dean and Tracy Dixon’s medical malpractice suit alleged that Dr. Willard G. Yergler performed unneeded should...
Tue, 23 May 2017 22:52:23 +0000
West Des Moines, Iowa-based GuideOne Insurance has named Jessica E. Clark as the company’s new chief executive officer (CEO). Bringing nearly 20 years of leadership experience in property and casualty insurance, Clark assumes her new role on June 12. S...
Tue, 23 May 2017 19:03:17 +0000
More than 150,000 auto insurance claims and 50,000 homeowners claims are estimated to be filed in the wake of a monster hailstorm that pounded Colorado’s Front Range on May 8, putting it on pace to be the state’s most expensive …
Tue, 23 May 2017 18:52:01 +0000
California Insurance Commissioner Dave Jones today announced that the enforcement action taken against W.R. Berkley Corp. entities and operating units has resulted in a $12 million settlement. Admiral Insurance Co., Admiral Risk Insurance Services Inc....
Tue, 23 May 2017 18:00:51 +0000
The Toyota Research Institute (TRI) is exploring blockchain and distributed ledger technology (BC/DL) for use in the development of driverless cars. TRI is collaborating with the MIT Media Lab and other industry partners on ways that both businesses...
Tue, 23 May 2017 16:58:17 +0000
Insurance brokerage firm, Hylant, announced that Vanessa Kinney, vice president, employee benefits team leader, is a Columbus Business First “40 Under 40” recipient. Now in its 25th year, the 40 Under 40 award program honors the best and brightest le...
Tue, 23 May 2017 16:52:32 +0000
Six Flags Over Texas says stormy weather including high winds triggered a safety sensor that halted a new roller coaster and left eight riders stranded for hours in its Arlington, Texas, theme park. The 120-foot-tall (36-meter-tall) Joker ride shut down …
Tue, 23 May 2017 16:50:47 +0000
The Texas Workers’ Compensation Research and Evaluation Group has released its 2017 research agenda, a blueprint for its efforts to provide critical data for decision-makers in the Texas workers’ compensation system, the Texas Department of Insurance...
Tue, 23 May 2017 16:45:54 +0000
Dallas-based BenefitMall, a provider of employee benefits, human resources and payroll products and services, has reappointed Michael Gomes as executive vice president, Benefits Sales Division. Gomes will be responsible for all benefits sales and ser...
Tue, 23 May 2017 16:42:29 +0000
The Iowa Supreme Court has upheld an $85,000 discrimination judgment against a company whose owner repeatedly called a black worker “chocolate” and other racial epithets. Justices upheld the Dubuque Human Rights Commission’s order that Simon Seeding pa...
Tue, 23 May 2017 16:38:26 +0000
Oklahoma Insurance Commissioner John D. Doak is urging storm victims to be on the lookout for scam artists. The Oklahoma Insurance Department’s Anti-Fraud Division has received complaints about suspicious phone calls to storm victims in Elk City and Pe...
Tue, 23 May 2017 16:35:16 +0000
Appleton, Wisconsin-based SECURA Insurance recently promoted Tim O’Brien to controller from assistant controller. O’Brien has been with the company for 15 years. He joined SECURA in 2002 as the accounting manager. He has held various roles within the ...
Tue, 23 May 2017 16:30:52 +0000
The University of Iowa will pay $6.5 million to settle high-profile discrimination lawsuits filed by former athletic administrator Jane Meyer and her partner, former women’s field hockey coach Tracey Griesbaum, according to settlements released on May ...
Tue, 23 May 2017 16:22:47 +0000
A South Florida woman was convicted of fraud May 3 and must serve 18 months of probation after she was caught hitting herself in the head with a ceiling sprinkler at work. The incident happened in October 2015 at CinqueáTerre …
Tue, 23 May 2017 16:08:28 +0000
Insurance company AXA plans to add 550 jobs in Charlotte, N.C., over the next five years, nearly doubling its local workforce. North Carolina officials announced the move May 9 after approving state tax breaks that could be worth nearly $12 …
Tue, 23 May 2017 15:52:10 +0000
The U.S. Labor Department will implement its fiduciary rule on June 9 with no further delays, U.S. Labor Secretary Alexander Acosta said on Tuesday. The department’s rule, which requires brokers offering retirement investment advice to act in the bes...
Tue, 23 May 2017 14:33:44 +0000
Swiss Re Capital Markets Corp. has successfully structured and placed the issuance of $925 million of insurance-linked securities for the California Earthquake Authority. Swiss Re Capital Markets underwrote the transaction through two classes of princi...
Tue, 23 May 2017 14:13:38 +0000
Portland, Ore.-based Elliott, Powell, Baden & Baker has partnered with ISU Insurance Agency Network. EPB&B offers business and personal insurance. San Francisco, Calif.-based ISU Network is a organization with 180 mid-sized agencies in 30 states. Membe...
Tue, 23 May 2017 13:32:33 +0000
XL Catlin said it is expanding its global insurance programs and captive business with the appointment of Steven Bauman as head of its global programs and captive practice in North America. Bauman will provide technical support across business lin...
Tue, 23 May 2017 13:27:24 +0000
For Kris Hagerman, chief executive of UK-based cyber security firm Sophos Group Plc, the past week could have been bad. The WannaCry “ransomware” attack hobbled some of its hospital customers in Britain’s National Health Service, forcing them to turn a...
Tue, 23 May 2017 12:25:45 +0000
Fears of a terrorist attack prompted officials to ring many of the pedestrian plazas of Times Square with squat steel posts capable of stopping a speeding vehicle. But those barriers only cover so much ground. There were none of them …
Tue, 23 May 2017 12:24:11 +0000
The Independent Insurance Agent & Broker Association of New York (IIABNY) installed Richard MacDonald as chairman of the board on May 11, 2017. IIABNY exists to fulfill the educational, political, and business interests of more than 1,750 independent a...
Tue, 23 May 2017 11:19:22 +0000
Globe Underwriting, the UK-based managing general agent, has announced the launch of its marine division. The five-strong team is led by Peter Rogers, head of marine, and David Dymond, head of underwriting. They will report to Gary Corke, CEO, Globe …