Hub International Insurance Services Inc. named Arturo Perez-Reyes vice president and privacy and errors and omissions lead in its San Francisco, Calif. commercial division. In addition to his production role and client executive roles, Perez-Reyes will serve as an E&O …
The Insurance Industry Charitable Foundation (IICF) Northeast division announced 16 charitable grants at its seventh annual benefit dinner on Wednesday. The total amount of the grants is $879,000. Lisa Tepper, chair of the IICF Northeast division board of directors and …
Price gains are slowing down after commercial insurance prices increased for the 11th straight quarter, rising by 5 percent in aggregate during third-quarter 2013, according to Towers Watson. The professional services company’s third-quarter update to its Commercial Lines Insurance Pricing …
Federal safety officials say a technology upgrade they’ve been recommending for years would probably have prevented the Dec. 1 train derailment that killed four people in New York.The National Transportation Safety Board said a tool called positive train control would …
Capacity Holdings Group and Capacity Coverage Company of New Jersey Inc., a N.J.-based retail and wholesale insurance brokerage, hired Gary Maier as senior executive vice president. In his new role, Maier will concentrate on external and internal strategic initiatives that …
Fifty-four years ago, the Advisory Commission on Intergovernmental Relations was established by statute to examine the best or most logical accommodations of federalism. For many years, it held quarterly meetings in the New Executive Office Building in Washington, letting some …
A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based S.A.C. Re, Ltd. are unchanged and the ratings remain under review with negative implications, until the anticipated closing of …
Most jurisdictions have held that an insurance company with the primary policy owes a duty of good faith and fair dealing to the insurance company with the excess policy requiring a settlement of claims within the primary carrier’s policy limits …
The genetic test firm 23andMe Inc.’s clash with U.S. regulators over the direct sale of its gene analysis service to consumers signals stiffer oversight of thousands of tests in an industry predicted to increase fivefold in size. The Personal Genome …
When Gary Gless bought his sleek, modernist house in Los Angeles in 2002, he thought he had hit a “gold mine.” The world’s largest inner-city park – featuring a lush, 18-hole golf course – was about to get built across …
