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

It’s Easy to Get Hacked: Just Connect to Fraudulent Wireless Hotspots

If anyone attending the Mobile World Congress in Barcelona this week doubts how easy it is to hack smartphones and tablets, Filip Chytry and his team plan to set them straight. By hacking into their devices. Chytry’s company, Prague’s Avast …

Insurance Journal, Channel Harvest Launch Survey on Agent-Carrier Relationships

Channel Harvest Research, in partnership with Insurance Journal, is conducting its 2015 national survey of agents’ attitudes about their carrier partners. This is the seventh annual study on key aspects of the property/casualty independent agent-carrier relationship. Agents and brokers have …

Georgia’s State Bank & Trust Acquires Boyett Agency, Creates Insurance Division

State Bank and Trust Co., a wholly-owned subsidiary of State Bank Financial Corp., has launched an insurance division to offer State Bank customers a range of personal and commercial insurance products. State Bank enters the insurance business through the acquisition …

One-Quarter of British SMEs Fail to Read Their Full Insurance Policy: Research

Research conducted for the British Insurance Brokers’ Association (BIBA) found that leaders of British small and medium-sized enterprises (SMEs) do not always read their insurance documents, with over one quarter (29 percent) admitting that they never read the entire policy. …

MSIG at Lloyd’s Launches Bloodstock Account With 2 Appointments

MSIG at Lloyd’s has moved into the bloodstock market with the appointment of specialist underwriters Rebecca Attridge and Phil Needham. Attridge and Needham both report to Caroline Koczerzat, underwriting manager, marine. The appointments mean the Syndicate 3210 now offers a …

Merger of Hyperion & R K Harrison Approved by Boards, Shareholders

Hyperion Insurance Group Limited and R K Harrison Holdings Limited announced the signing of the terms of agreement for the merger of the two London-based businesses, following approval by the two companies’ respective boards and shareholders. The transaction remains subject …

Secret Service: Cybercrime ‘Skimming’ Cases on the Rise in North Carolina

The U.S. Secret Service says “skimming,” a cybercrime which targets automatic teller machines and gasoline pumps and the people who use them, is on the rise in the Charlotte, N.C., area. The Charlotte Observer reports that the Secret Service reports …

West Virginia Judges Approve $11.3M Settlement with Ex-Mountain State Students

A three-judge panel says former students of West Virginia’s Mountain State University are entitled to an $11.3 million payout. Media reports state that the so-called mass litigation panel met in Charleston last Thursday to approve the proposed settlement. The students …

U.K.’s Direct Line 2014 Profit Misses Estimates on Less Premiums Written

Direct Line Insurance Group plc reported 2014 pretax profit that missed analyst estimates as the British home and car insurer wrote less premiums. Pretax profit for continuing operations rose 12 percent to 456.8 million pounds ($702.8 million) in the year …

JLT Australia Buys Recovre, a Provider of Workplace Health & Safety Services

JLT Australia, a subsidiary of Jardine Lloyd Thompson Group plc, announced it has agreed to acquire 100 percent of the shares of Recovre Group from Hawkesbridge Capital. Recovre is a leading national provider of workplace health & safety and rehabilitation …