President Barack Obama’s bid to get Congress to pass stalled cybersecurity legislation is seen as having an uphill fight amid differences between Republicans and the administration over privacy safeguards and other issues. Obama announced Tuesday revised legislation that would give …
ACE Group has launched ACE Middle Market Solutions, an enhanced proposition for brokers and clients, designed to help continue building its position in the middle market segment in key Continental Europe insurance markets. The launch follows ACE’s research during 2014, …
Catastrophe modeling firm AIR Worldwide estimated that the 1 percent exceedance probability loss (or the 100-year return period loss) is approximately $231.5 billion and the long-term average annual loss from natural catastrophes and terrorism is $72.6 billion. These statistics were …
The world’s biggest security provider, G4S Plc, is fielding more inquiries from prospective clients after terrorists killed 17 people in Paris last week. Companies are seeking advice on how to protect their employees following attacks at the weekly magazine Charlie …
ICA Bank has received permission to conduct insurance business from the Swedish Financial Supervisory Authority. ICA Försäkring AB, a newly formed subsidiary with its own management and board, will offer non-life insurance to its customers at the end of 2015. …
Families of two of the 20 first-graders killed in the Sandy Hook Elementary School shooting in Connecticut are suing the town of Newtown and its board of education, alleging security measures at the school weren’t adequate. The wrongful death lawsuit …
Premiums for California wholesalers rose considerably in 2014 from a year earlier, showing that segment of the industry outperformed the rest of the state’s economy, according to a report from the Surplus Lines Association of California. For 2014 there was …
Woodruff-Sawyer & Co. has named Kevin Panzera vice president and private client growth leader. Panzera will be based in the firm’s San Francisco, Calif. headquarters, and will be responsible for working with all private client teams in various offices. Prior …
New Day Underwriting Managers LLC, a Hamilton, New Jersey-based specialty intermediary of environmental and construction-related professional liability coverage, has hired Kim Johns as account manager within the firm’s Construction Group. She is based in the firm’s Hamilton office.
Boston Insurance Brokerage Inc. has promoted Carl Dickson to the position of vice president of the Property/Casualty & Environmental Division. Dickson served as assistant vice president at the firm for last two years.
