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

Natural Disasters Could Cost $750 Billion Annually in 15 Years: AIR Study

Economic losses from global natural catastrophes likely will triple over the next 15 years, unless steps are taken to reduce bad development choices, according to preliminary results of a catastrophe modeling study presented at the third UN World Conference on …

OneBeacon Technology Adds Nathan Martin as Vice President of South Region

OneBeacon Technology Insurance Group has appointed Nathan Martin as vice president overseeing the South Region. John Wurzler, OneBeacon Technology president, said Martin will work on continuing to building the company’s business and relationships in the Southern states. Martin has over …

ACE Appoints Tan in New Regional Head of Agency Role for Asia Pacific

ACE Group has appointed Jeslyn Tan to the new role of regional head of agency for Asia Pacific, based in Thailand. The creation of this new role reflects the company’s commitment and investment to expand the agency channel, which will …

Bishop Joins Southwest Risk in Dallas as VP, Property Broker

Jim Bishop has joined Southwest Risk LP as a vice president and property broker. Bishop has more than 30 years of experience in the insurance industry with extensive knowledge of the marketplace in the central United States. He began his …

Willis to Keep Name on Chicago Tower

Insurance broker Willis Group Holdings Plc plans to keep its name on the Chicago tower that is being sold to Blackstone Group LP. The broker “is involved in a long-term contract for its naming rights for Willis Tower,” Colleen McCarthy, …

Citizens: Florida Policyholder Count Lowest Since Company Creation

Citizens Property Insurance Corp. is the smallest it has been since its creation more than a decade ago, as improving private-market conditions continue to offer policyholders more choices for how best to protect their homes, according to a statement by …

University of North Carolina Settles with Ex-Learning Specialist for $335K

The former North Carolina learning specialist who questioned literacy levels of Tar Heels athletes received $335,000 in the settlement to end her lawsuit against the school. Mary Willingham sued last summer, saying she was demoted and UNC retaliated against her …

Duke Coal Ash Case Goes Before North Carolina Supreme Court

North Carolina’s highest court is weighing whether state environmental rules require Duke Energy to clean up its leaky coal ash dumps immediately, or years down the road. The North Carolina Supreme Court heard arguments this week after Duke Energy and …

Memphis Fund to Handle Pothole Claims

Officials say a $20,000, “Pothole Relief Fund” has been established to help pay more than 300 claims from motorists who ran over potholes created by icy roads in Memphis. Tennessee experienced winter storms in February and March that dropped freezing …

Exclusive Sneak Peak: Hank Haldeman on Carrying Family Name in Insurance

The son of one of the central figures sent to prison as part of the Watergate scandal of the 1970s says that the family name has been more of a benefit than a burden, perhaps because he works in the …