This edition of International People Moves details appointments at Chubb Global Markets, Brit Ltd. and Willis Towers Watson. A summary of these new hires follows here. Chubb Global Markets Appoints Abbott as Product Head Aviation Chubb appoints Simon Abbott as …
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Showing posts with label News – Insurance Journal. Show all posts
Showing posts with label News – Insurance Journal. Show all posts
Tuesday, February 1, 2022
Chaucer Forms Renewable Power Team in Move to Expand Energy Division
Specialty re/insurance group Chaucer announced the creation of a dedicated team for Renewable Power as part of plans to broaden its Energy Division and provide dedicated support to oil and gas clients as they transition towards cleaner and more sustainable …
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from News – Insurance Journal https://ift.tt/dwS7yOteo
Twitter Files Lawsuit Against German Rule for Online Reporting
Twitter has taken legal action against a rule, coming into force in Germany from Tuesday, that obliges social media firms to block or delete criminal content quickly and report particularly serious criminal offenses to the police, a German court confirmed …
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‘Disturbing’ Culture of Sexual Harassment, Racism, Bullying Found at Rio Tinto: Report
A report released by Rio Tinto on Tuesday outlined a culture of bullying, harassment and racism at the global mining giant, including 21 complaints of actual or attempted rape or sexual assault over the past five years. Nearly half of …
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Nebraska Says Trash Truck Caused $200,000 Damage to Capitol
State officials say a Lincoln trash truck caused more than $200,000 damage to a limestone wall at the Nebraska State Capitol. The Lincoln Journal Star reports the state filed a lawsuit last week against Uribe Refuse Services over the damage …
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from News – Insurance Journal https://ift.tt/gPhuvIxUN
Monday, January 31, 2022
Ohio Hotel Carbon Monoxide Poisoning Leaves 7 in Critical Condition
Seven people were hospitalized in critical condition Jan. 29 after suffering from carbon monoxide poisoning at a Hampton Inn in Ohio, officials said. A total of nine people were taken to local hospitals, according to The Columbus Dispatch. Marysville Fire …
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Louisiana Tire Plant Fire Blazes for 10 Days
About 65% of a 10-day-old fire at a shuttered tire processing plant in central Louisiana has been doused with water and smothered with dirt, reducing a thick plume of black smoke that had been visible for miles, state environmental regulators …
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from News – Insurance Journal https://ift.tt/wBu2Oh6VK
Higginbotham Acquires J.M. Insurance in Tennessee
Higginbotham Insurance has added J.M. Insurance Agency to its family in Tennessee. J.M. is an independent broker of commercial and personal P&C insurance, bonds and employee benefits. The broker, which has grown significantly with acquisitions in the last decade, is …
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People Moves: Alabama’s Palomar Names Smitherman Chief Tech Officer
Alabama-based Palomar Insurance has named Justin Smitherman chief technology officer, charged with tech strategies and management, the company announced. Smitherman started with Palomar in 2011 and was promoted to information technology director in 2013. Palomar, which writes commercial and personal …
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White House Plan Aims to Strengthen Cyber Defenses for Water Utilities
The White House on Thursday unveiled a plan to beef up cybersecurity in the nation’s water sector, an extension of its efforts to thwart attacks against critical infrastructure including electricity and natural gas pipeline operators. Senior administration officials said water …
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Insurance Scion Who’s Out to Save Human Driving
McKeel Hagerty’s parents were into wooden boats and saw an unmet need to underwrite them. Hagerty, however, has been a car nut from day one. When the family’s marine insurance business finally began to offer auto policies in 1991, he …
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Washington Contractor Fined $248K After Worker Fell to Death from Bridge
A Bellingham, Washington, construction company is facing nearly $284,000 in fines for not ensuring safeguards were in place to keep workers from falling off the Beverly Railroad bridge spanning the Columbia River in Vantage. A 39-year-old man fell roughly 60 …
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People Moves: Alliant’s Caterino on Nevada Agent Advisory Council; Venbrook in California Names Reddy Chief Human Resources Officer
Karen Caterino, senior vice president of Alliant Insurance Services, has been appointed to serve as a member of the Nevada Division of Insurance Agent Advisory Council. Caterino was selected by Nevada Insurance Commissioner Barbara Richardson as one of 15 Nevada …
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Video Leads to Firing of Massachusetts Fire Official on Injury Leave
A Massachusetts mayor has fired a top fire official out on injury leave after he was captured on video lifting heavy equipment. New Bedford Mayor Jon Mitchell said Tuesday that Deputy Fire Chief Paul Coderre Jr. was terminated based on …
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Connecticut Court Rules University Not Liable for Teens’ Abuse
Connecticut’s Appellate Court ruled Friday that Wesleyan University cannot be held responsible for the alleged abuse of boys in its basketball facilities and the dorm room of a basketball player during the early 1980s. The decision, which upholds the ruling …
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Friday, January 28, 2022
Michigan Woman Sentenced For Committing $15,000 in Auto Insurance Fraud
Michigan Attorney General Dana Nessel and Michigan Department of Insurance and Financial Services (DIFS) Director Anita Fox announced that a Michigan resident who pled guilty to auto insurance fraud has been sentenced to pay restitution and fines of more than …
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FERMA Launches Risk Management Tool for Remote Working
The Federation of European Risk Management Associations (FERMA) has launched a simplified guide to risk mapping for remote working. The tool consists of a simple questionnaire that organizations of any size can use. Using a template of risks and opportunities …
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Insurtech MIC Global Receives ‘In-Principle’ Approval to Launch Lloyd’s Syndicate
Insurtech MIC Global has received “in-principle” approval from Lloyd’s for the creation of MIC Global Insurance Syndicate 5183. UK-based MIC Global provides end-to-end digital micro insurance products, providing cover for millions of people and businesses that are unserved by current …
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Arkansas Insurance Commissioner to Chair NAIC Workers’ Comp Task Force
Arkansas Insurance Commissioner Alan McClain has been appointed by the National Association of Insurance Commissioners (NAIC) to serve as the Chair for the Workers’ Compensation (C) Task Force, a subgroup of the Property and Casualty (C) Committee, commonly referred to …
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Thursday, January 27, 2022
Marsh McLennan Q4 Net Income Jumps Over 100%
Fourth quarter 2021 net income at Marsh McLennan more than doubled compared to the same period in 2020, to $803 million. Full year net income increased about 56% to $3.1 billion from $2 billion for all of 2020. Net income …
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