Mon, 25 Sep 2017 18:05:32 +0000
MJ Insurance has named Melissa Glissmeyer a risk management consultant in the Phoenix, Ariz. office. Glissmeyer will be part of the commercial insurance and risk management department and be responsible for driving sales and service. Glissmeyer previou...
Mon, 25 Sep 2017 16:31:30 +0000
Dallas-based insurance exchange and MGA MarketScout announced it has launched MarketScout InsurTech (MIT), which will make investments in tech-enabled insurance distribution. The initial funding comes exclusively from MarketScout Corp., parent of MIT. ...
Mon, 25 Sep 2017 16:21:44 +0000
Following record results that flagged the growth of its cyber security business, Deloitte LLP has revealed that it has been successfully targeted by a cyber attack that let hackers access data from an internal email platform. The auditing and consulting …
Mon, 25 Sep 2017 16:20:28 +0000
Texas-based independent insurance agency Brady, Chapman, Holland & Associates Inc. has hired Julie Mechura as an employee benefits risk advisor in Houston. She will focus on sustaining and developing client relationships, while functioning as the clien...
Mon, 25 Sep 2017 15:59:13 +0000
An Ohio factory that makes footballs for the National Football League has been fined by federal regulators over workplace safety violations. Wilson Sporting Goods is facing more than $65,000 in fines after two inspections at its factory in Ada, which …
Mon, 25 Sep 2017 15:13:52 +0000
The cleanup of a northwest Montana community where health professionals say hundreds of people have been killed by asbestos exposure has entered a new phase as officials turn their focus to keeping residents safe over the long term. The five-member …
Mon, 25 Sep 2017 15:09:19 +0000
A California dentist who was aboard an Asiana Airlines plane that crashed in San Francisco four years ago, killing three girls and injuring roughly 200 others, has reached a settlement with the airline, ending what her attorney said was the …
Mon, 25 Sep 2017 14:59:13 +0000
Authorities say multiple homes and other structures have been destroyed or damaged in two wildfires that broke out over the weekend in Northern California. Fire officials in Auburn northeast of Sacramento said flames that erupted Saturday afternoon dam...
Mon, 25 Sep 2017 14:58:57 +0000
Chubb has launched a package insurance solution called Chubb Business Pack Insurance for small and medium enterprises in Australia. This solution aims to provide broad coverage for property and liability exposures to help protect business owners from a...
Mon, 25 Sep 2017 14:55:25 +0000
The Independent Insurance Agents & Brokers of New Jersey (IIABNJ) and The Independent Insurance Agents & Brokers of New York (IIABNY) launched new brands today for their respective associations. IIABNJ became Big I New Jersey and IIABNY is now also …
Mon, 25 Sep 2017 14:50:05 +0000
RMS has named Pete Dailey vice president to lead flood model development in its California headquarters. Dailey will oversee the upcoming release of the RMS U.S. Inland Flood Mode, and he will lead the development of modeling tools. Dailey, an …
Mon, 25 Sep 2017 14:34:10 +0000
Commercial lines insurer CNA has announced the appointment of Greg Dasher to vice president of underwriting for its Small Business segment. Dasher will be responsible for the small business segment’s strategic and operational underwriting objectives. D...
Mon, 25 Sep 2017 14:20:22 +0000
American International Group is reorganizing its underwriting businesses into three main segments—General Insurance, Life & Retirement, and a standalone technology-enabled platform—the company announced today. The company will no longer have Commer...
Mon, 25 Sep 2017 13:27:36 +0000
The destructive floodwaters of Superstorm Sandy receded quickly, but some storm victims are still neck-deep in a battle over insurance payouts. And many victims of this year’s storms in Texas, Florida and elsewhere should brace themselves for a similar...
Mon, 25 Sep 2017 13:27:19 +0000
S&P Global Ratings has assigned its ‘A-‘ long-term financial strength rating to Odyssey Re Europe S.A. (ORESA), with a stable outlook. The rating on ORESA is based on an explicit guarantee provided by Odyssey Reinsurance Co., which has an ‘A-‘ …
Mon, 25 Sep 2017 13:15:36 +0000
Two construction workers, one of them a father of five children, fell to their deaths at separate building sites on Thursday. The first death occurred in the morning at a residential high-rise construction site in the financial district. Juan Chohillo …
Mon, 25 Sep 2017 13:03:22 +0000
Authorities say a New York woman who was pulled unconscious from rough waters at a New Jersey shore beach this week has died. Asbury Park police say 42-year-old Erin Higgins, of Harriman, and 54-year-old Ronald Renshtie, of Wallkill, New York, …
Mon, 25 Sep 2017 11:45:27 +0000
AFL Insurance Brokers Ltd. (AFL) has created an energy practice headed by London market broking professionals Dominic Quick and Simon Pearce. AFL’s energy practice will serve both AFL’s clients and customers from other independent brokers connected to ...
Mon, 25 Sep 2017 10:54:01 +0000
A government sale of Japan Post Holdings Co. stock raised $11 billion in the world’s second-biggest share sale this year, with the postal and financial giant’s attractive dividend yield helping drum up sufficient, albeit subdued, demand. The stock pric...
Mon, 25 Sep 2017 10:21:56 +0000
The Bank of England said an agreement is needed as part of the Brexit process to protect the “long-term validity” of 20 trillion pounds ($27.1 trillion) of existing derivative contracts. The BOE’s Financial Policy Committee said on Monday that after …
Mon, 25 Sep 2017 05:00:51 +0000
A panel of U.S. regulators decided after meeting on Friday to stick with its existing policy for stricter rules on a handful of large financial institutions it deems “systemically important.” The Financial Stability Oversight Council convened Friday to...
Mon, 25 Sep 2017 05:00:43 +0000
Equifax Inc. could get away with paying a mere $1 per person after failing to protect almost half of America’s credit data. While the 118-year-old credit-reporting firm has been hit with more than 100 consumer lawsuits over its massive security …
Mon, 25 Sep 2017 05:00:17 +0000
Senators sponsoring a last-ditch Obamacare repeal bill raced to save it from near-certain death Sunday, circulating a new version aimed at winning over several GOP holdouts. Some of the changes, which come as Republicans face a Sept. 30 deadline to …
Mon, 25 Sep 2017 05:00:00 +0000
Before Obamacare, state governments were the chief regulators of health insurance. Obamacare put the federal government in that role. The latest Republican health-care bill, sponsored by Senators Lindsey Graham, Bill Cassidy and others, would partially...
Mon, 25 Sep 2017 04:49:45 +0000
DUAL Commercial has hired John Mahar as a senior underwriter within its Construction Division. Mahar will be located in DUAL’s new office in Charlotte, NC. Mahar has more than 18 years of experience in the insurance industry with the majority …
Mon, 25 Sep 2017 04:28:29 +0000
A federal judge has tentatively approved a revised settlement to a class-action lawsuit over a West Virginia chemical spill that left up to 300,000 people without tap water for up to nine days. U.S. District Judge John Copenhaver on Thursday …
Mon, 25 Sep 2017 04:22:16 +0000
A second sinkhole opened up in a Florida neighborhood about a half-mile (.8 kilometers) from where a home was partially swallowed by one earlier the same week. Orange County Fire Rescue spokeswoman Kathleen Kennedy says the sinkhole reported Thursday m...
Mon, 25 Sep 2017 04:19:51 +0000
Kentucky’s Democratic attorney general says he has hired four law firms to investigate and potentially sue several makers and marketers of opioid-based painkillers that have spurred a wave addiction across Appalachia. But Republican Gov. Matt Bevin’s a...
Mon, 25 Sep 2017 04:08:54 +0000
After 11 nursing home residents died in the sweltering heat of hurricane-induced power outages, Florida’s nursing home industry is now on a collision course with Gov. Rick Scott. Days after Hurricane Irma ravaged the state, Scott used his emergency pow...
Mon, 25 Sep 2017 04:00:50 +0000
Travelers has introduced a new online tool, ZoneCheck, to help contractors identify areas surrounding a jobsite that could be affected by vibrations from heavy equipment – a common cause of construction-related damage and project delays. ZoneCheck de...