Monthly Archives: <span>February 2015</span>

With Fines Nearly $100K Oregon City Delays Uber Appeal Hearing

Eugene, Ore. has granted Uber’s request for a delay in its appeal hearing. The Register-Guard reported the hearing had been set for Monday and a new date hasn’t been scheduled. Meanwhile, Uber and city officials continue to negotiate an agreement …

Montana Licensed 34 Captive Insurance Companies In 2014

State insurance department officials are reporting that Montana licensed 34 new captive insurance companies in 2014, bringing the state’s total number of licensed captives to 177. In addition to the 34 new captive insurance company licenses, the number of series …

Trucker Crashes in Alabama While Pulling Out Tooth

Alabama authorities say a tractor-trailer crashed on Interstate 20 near Tuscaloosa because the driver lost control while he was pulling one of his teeth. The Alabama Highway Patrol says the truck driver told troopers he had taken his hands off …

Willis Re Launches Cyber Risk Modeling Tool – PRISM-Re™

Willis Re, the reinsurance division of Willis Group Holdings plc, announced that it has launched “the insurance industry’s first cyber risk modeling tool that will enable insurers to quantify and manage their portfolio exposure to data breaches, the leading cause …

Ace’s Greenberg: U.S. Safe Destination for Many Investors for Now

Ace Ltd. Chief Executive Officer Evan Greenberg, whose insurer last week posted a decline in fourth-quarter profit as currency fluctuations pressured results, predicted that recent gains in the dollar will be temporary. “The U.S. right now is the preferred destination …

Beecher Carlson Appoints Zoda as Senior VP, Risk Control

Atlanta-based specialty insurance broker Beecher Carlson Insurance Services has appointed Jim Zoda as senior vice president of risk control. He is based in Texas. Zoda’s main focus will be to provide risk assessment and control, strategic planning, management of long-term …

Lloyd’s Appoints Mackinnon as General Representative in Australia

Lloyd’s, the specialist insurance and reinsurance market, has appointed Christopher Mackinnon as its new general representative in Australia. Mackinnon starts in early February and brings with him more than 21 years’ experience in the international insurance industry, having extensive knowledge …

XL Group Reports $293.9 Million Q4 Net Income; $999.2 Million for 2014

XL Group plc reported its fourth quarter and full year 2014 results. Highlights include: Operating net income of $293.9 million, or $1.12 per share, for the fourth quarter of 2014, compared with $286.9 million for the same period in 2013. …

Health and Wellness Consultant Peter Mangiola Helps Consumers Maximize Health Insurance Benefits

Health and Wellness Expert Peter Mangiola R.N. MSN Has Launched a New Jersey Consultancy Focused on Helping Consumers Gain Access to the Resources Necessary to Prevent and Treat Health Issues Medford, NJ, February 3, 2015: Peter Mangiola R.N. MSN has …

Factbox: U.S.-India Nuclear Deal Designed to Address Industry Liability

The nuclear “breakthrough understanding” between President Barack Obama and Prime Minister Narendra Modi seeks to allay U.S. concerns about industry liability and unlock billions of dollars in investments into Indian power projects. Here’s a Q&A that lays out some of …