November 15, 2018
New England Insurance Group
Thu, 15 Nov 2018 12:19:11 +0000
Swiss Re Corporate Solutions has appointed Simon Tardif as head Aviation Canada, effective Oct. 29, 2018. In this role, Tardif will be responsible for the growth and strategy of the aviation team across Canada. He has relocated from Paris, France …
Thu, 15 Nov 2018 11:52:52 +0000
Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that are seen as more legitimate than the formerly popular island destinations of the Cayman Islands and the Bahamas. The...
Thu, 15 Nov 2018 11:24:44 +0000
Global insurance regulators will put off singling out insurers deemed so important to the financial system that they are required to hold extra capital, in a victory for companies such as American International Group and Prudential. The International A...
Thu, 15 Nov 2018 10:50:34 +0000
Brexit Secretary Dominic Raab quit the U.K. Cabinet over Theresa May’s handling of Brexit, dealing a severe blow to the prime minister who must now consider if her position is tenable. The pound tumbled. Shortly afterward, Work and Pensions Secretary …
Thu, 15 Nov 2018 08:09:21 +0000
The City of London averted one disaster with the draft Brexit deal announced Wednesday. But the resignation of Brexit Minister Dominic Raab showed the obstacle course is far from over. Even if the U.K. Parliament clears the agreement — and …
Thu, 15 Nov 2018 06:44:16 +0000
Authorities have identified a man who was killed in an industrial accident in North Carolina. The Rockingham County Sheriff’s Office said 44-year-old William A. Villatoro of Bayshore, New York, was part of a team contracted to remove metal from the …
Thu, 15 Nov 2018 06:15:34 +0000
Florida-based workers’ compensation carrier Normandy Insurance Co. has promoted Laura Lieberman to vice president of Sales and Marketing, effective immediately. In this role, Lieberman will oversee corporate communications, marketing, sales, and busine...
Thu, 15 Nov 2018 06:01:12 +0000
North Carolina Agriculture Commissioner Steve Troxler says his agency needs the full $250 million he requested for cash payments to farmers with destroyed crops and dead livestock from Hurricane Florence and another storm. The General Assembly directed...
Thu, 15 Nov 2018 06:00:57 +0000
Six U.S. senators on Wednesday introduced a bill that would require the U.S. securities watchdog to directly regulate firms such as Glass, Lewis & Co and Institutional Shareholder Services, which advise investors on how to vote in corporate elections. ...
Thu, 15 Nov 2018 06:00:12 +0000
Cyber insurance is relevant to every type of business but the insurance industry needs to make it simpler so that more businesses understand why they should buy it, according to Graeme Newman, chief innovation officer at CFC Underwriting, a cyber …
Thu, 15 Nov 2018 05:06:42 +0000
ISO has launched a management liability insurance program designed to address the increasing risks faced by private companies, including sexual harassment. ISO is a Verisk business and a leading provider of forms, rules, and rating information for the ...
Thu, 15 Nov 2018 00:16:36 +0000
Derek Ross has his hands full with the Woolsey Fire in Southern California for three reasons. He’s an insurance agent with numerous clients affected, he’s the president of the board of a school district that’s had to close due to …
Thu, 15 Nov 2018 00:05:24 +0000
A California jury on Wednesday cleared Johnson & Johnson of liability in a case involving a woman who alleged that the company’s talc-based products, including its baby powder, contain asbestos and caused her cancer, the company said. The jury in …
Wed, 14 Nov 2018 22:28:32 +0000
USG Insurance Services Inc. has named Toni Adame a producer/broker in Scottsdale, Ariz. In her new position, Adame will continue to build her own book of business while assisting the team with broadening USG’s footprint on the west coast territory. …
Wed, 14 Nov 2018 18:39:32 +0000
San Diego, Calif.-based Wells Media Group Inc. has named Ashley Berg sales and marketing coordinator. Berg will be responsible for a variety of sales, marketing and customer service activities that drive and support sales growth. Berg was previously an...
Wed, 14 Nov 2018 17:53:08 +0000
The Association for Room Escapes of North America (ARENA) is now offering a low-cost insurance program for North American escape room owner/operators designed by entertainment and live event insurance provider Take1 Insurance. The new ARENA program off...
Wed, 14 Nov 2018 17:40:49 +0000
Nearly half of Iowa’s counties have approved use of all-terrain or utility vehicles for public roadways, and at least one large county is considering joining the trend. Dubuque County supervisors have been considering the issue since two riding groups ...
Wed, 14 Nov 2018 17:33:39 +0000
Iowa now has a new center for military veterans seeking to become insurance producers or adjusters to take licensing exams. The Iowa Insurance Division announced that Pearson VUE, the third party contractor that conducts insurance producer licensing ex...
Wed, 14 Nov 2018 17:22:23 +0000
Chicago-based investment firm, Victory Park Capital (VPC), has hired Connell Hasten and Joshua Platek to lead the firm’s new insurance services division. Hasten, who joins as partner, and Platek, who has been appointed vice president, will serve as co-...
Wed, 14 Nov 2018 17:20:34 +0000
Dallas property/casualty insurance expert Trey Lowack has joined Alliant Insurance Service’s Dallas team as vice president. Lowack will employ his multifaceted expertise in risk and insurance solutions to serve Alliant’s diverse and growing Southwest c...
Wed, 14 Nov 2018 17:18:53 +0000
Rain and the threat of flooding continue across the northern Gulf Coast. Forecasters say unofficial rainfall totals show parts of Alabama received as much as 3.5 inches (9 centimeters) of precipitation Monday, and it was still raining Tuesday. Temperat...
Wed, 14 Nov 2018 17:13:19 +0000
Rice University researchers are concerned about the Army Corps of Engineers and the Texas General Land Office’s preferred $31 billion proposal to protect the Houston-Galveston region from devastating storm surge. A group of Rice professors plan to rais...
Wed, 14 Nov 2018 17:10:31 +0000
Rates will increase next year for both personal and commercial auto insurance provided by the Texas Automobile Insurance Plan Association (TAIPA). Texas Insurance Commissioner Kent Sullivan on Nov. 9 issued an order approving changes to TAIPA’s rates t...
Wed, 14 Nov 2018 15:52:45 +0000
A North Carolina couple has filed a class-action lawsuit saying they should have been warned about a Hawaii hotel workers’ strike before their honeymoon. The Honolulu Star-Advertiser reported Dr. Ovais Inamullah and Sana Khalique booked a five-night st...
Wed, 14 Nov 2018 15:52:26 +0000
A global standards body has proposed a one-year delay to implementing its new accounting rule aimed at increasing visibility in how insurers earn money, after the industry said it needed more time to prepare for such a sweeping change. A …
Wed, 14 Nov 2018 15:49:27 +0000
The Carlyle Group has completed its acquisition of a 19.9 percent stake in Fortitude Group Holdings, a reinsurer operating as Fortitude Re, formerly known as DSA Re. The AIG-Carlyle transaction, first announced in August, is part of a plan to …
Wed, 14 Nov 2018 15:35:59 +0000
Shares of utility PG&E Corp. fell 18 percent on Wednesday after the company warned of liquidity concerns if its equipment was found responsible for starting the Camp wildfire currently raging in California. The company said liabilities related to the w...
Wed, 14 Nov 2018 14:54:24 +0000
The National Hockey League announced a tentative $18.9 million settlement Monday with more than 300 retired players who sued the league and accused it of failing to protect them from head injuries or warning them of the risks involved with …
Wed, 14 Nov 2018 14:43:11 +0000
Tesla Inc. resolved most of a purported class-action lawsuit by customers who alleged that their Model S and Model X vehicles would suddenly accelerate, which in some cases resulted in accidents. Lawyers for the carmaker and the plaintiffs said in …
Wed, 14 Nov 2018 14:42:30 +0000
A former Connecticut altar boy who says he was sexually abused by a now deceased Roman Catholic priest has sued the Archdiocese of Hartford. The Republican American reports that the lawsuit filed Wednesday by 46-year-old Kevin Distasio alleges negligen...