Paulette Lundy has been promoted to vice president of Human Resources for Maryland’s Injured Worker Insurance Fund (IWIF), a workers’ compensation insurer. She previously served as director of human resources at IWIF. Prior to joining the organization in 2007, she …
Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers: At a time when U.S. companies are enhancing internal risk management capabilities and elevating risk management to a strategic priority, many brokers and …
A judge on Thursday dismissed a $2.3 million judgment against Dole Food Co. in a lawsuit by purported Nicaraguan banana workers, ruling that the company and the court were victims of a massive fraud. Los Angeles Superior Court Judge Victoria …
Do you have a partner you wish you didn’t? Or are you a sole owner and wish you had a partner? I deal with many agency owners facing these two situations. Sometimes the problem begins with wanting a partner and …
Tampa, Florida-based American Integrity Insurance Co. said it will begin writing dwelling fire (DP-1) policies for Florida homeowners. American Integrity CEO and President Bob Ritchie, said the company expanded its product line “because we recognize the economic challenges of our …
Texting while driving is no longer allowed in Kentucky. The practice became illegal on Thursday, as the new law banning the practice takes effect. A statement from Gov. Steve Beshear’s office says Kentucky had more than 57,000 crashes last year …
Federal disaster grants totaling more than $3 million have been approved to help businesses and residents slammed by storms and flooding in southern West Virginia last month. The Federal Emergency Management Agency says the aid is primarily for temporary housing …
The U.S. Securities and Exchange Commission said Friday it created three expert units to focus on big financial companies, complex securities and securities offerings. The new offices within the division of corporate finance largely mirror the industries and products that …
A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and the issuer credit rating to “bbb” from “a-” of New Zealand’s Consumer Insurance Services Limited (CISL), both with stable outlooks. The ratings reflect CISL’s” …
UK-based Broker Miller Insurance Services Limited, which specializes in both insurance and reinsurance, announced a number of senior appointments to its reinsurance business unit. Former Guy Carpenter Managing Director Adrian Stewart will join Miller to “help lead the expansion of …
