Monthly Archives: <span>July 2014</span>

West Virginia Fire Department Members Accused of Forging Documents

The West Virginia Fire Marshal’s Office is accusing members of a volunteer fire department in Wharton with forging state documents. The office said it has filed felony criminal complaints against fire officer Ira Rash and fire chief Robert Rash of …

Typhoon Matmo Targets Taiwan, Southeastern China: AIR Analysis

According to catastrophe modeling firm AIR Worldwide, Typhoon Matmo (called Henry in the Philippines) formed in the Philippines Sea and became a tropical storm on July 17. It is the third typhoon to form in the northwest Pacific basin in …

Aon Launches ‘Technology-based Enhancement’ for WorldAware Solutions

Aon Risk Solutions, the global risk management business of Aon plc, announced the unveiling of its “WorldAware Global Gateway,” which the bulletin described as a “technology-based enhancement to WorldAware Solutions, Aon’s award-winning travel risk management platform.” Aon said the “Gateway …

MetLife Designation as Systemically Important Expected Soon

A U.S. council of regulators is poised to label MetLife Inc. a potential threat to the financial system, subjecting the insurer to oversight by the Federal Reserve, two people with knowledge of the matter said. A decision by the Financial …

Smith to Head Guy Carpenter’s EMEA and Int’l. P&I Business

Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and member of Marsh & McLennan Companies, announced the appointment of Simon Smith as Head of EMEA & International P&I Business, effective September 1st. He will be responsible for …

Singapore Tells Airlines to Review Conflict Zone’s Risk Assessments

Singapore’s civil aviation authority has asked airlines based in the city-state to review their risk assessment of conflict zones following the shooting down of a Malaysia Airlines jetliner over Ukraine last week. The deaths of nearly 300 passengers and crew …

Chairman Says Vietnam Insurer PVI Holdings 1st Half Profit to Beat Forecast

PVI Holdings, Vietnam’s second- largest listed insurer, forecast first-half earnings will beat its target by 19 percent, buoyed by an increase in non-life- insurance revenue. After-tax profit for the first six months may be 95.5 billion dong ($4.5 million), while …

ACE Limited Posts $779 Million Q2 Net Income; $1.513 Billion 1st Half

ACE Limited reported net income of $779 million for the first quarter of 2012, compared to $891 million in Q2 2013. For the first six months of 2014 ACE had net income of$1.513 billion, compared to $1.844 billion in the …

EEOC Spells Out How Disabilities Act Applies to Pregnant Workers

New federal guidelines on job discrimination against pregnant workers could have a big impact on the workplace and in the courtroom. The expanded rules adopted by the bipartisan Equal Employment Opportunity Commission make clear that any form of workplace discrimination …

U.S. Risk Names Jonathan Hagan an Underwriter for the Dallas Commercial Underwriting Division of U.S. Risk Underwriters, Inc.

Dallas, TX – July 23, 2014 – U.S. Risk Insurance Group, Inc. (www.usrisk.com), the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that it has named Jonathan Hagan an Underwriter for the Dallas Commercial Underwriting …