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

South Dakota Sees Uptick in Un-Belted Driver Deaths

The South Dakota Department of Public Safety says there has been a significant bump in the number of drivers who die because they crash while not wearing a seat belt this year. Public Safety Department Secretary Trevor Jones said that …

Montana Man Sentenced to 5 Years for 13th DUI

A 67-year-old man with a series of drunken driving convictions in three states dating back to 1985 has been sentenced to five years with the Montana Department of Corrections for his 13th conviction of driving under the influence. The Billings …

San Diego State U Student Suspended for Assault Sues School

A San Diego State University student suspended following a sexual assault accusation has sued the school over the way it is handling the investigation. The U-T San Diego newspaper reported Tuesday that an attorney for Francisco Sousa says his client …

Parts of Nevada, Utah, Idaho Declared Drought Disaster

The U.S. Agriculture Department has declared two northeast Nevada counties natural disaster areas due to the lingering drought with an emergency order that also makes emergency low-interest loans available to farmers, ranchers and businesses in parts of neighboring Idaho and …

All Risks Names Campbell Senior Underwriter in California

All Risks Ltd. has named Robert Campbell a senior underwriter in California. As a part of the national specialty programs unit, Campbell will be responsible for underwriting large workers’ compensation accounts for the healthcare industry. He will be able to …

It’s Insurance Buyers’ Market Now But Risk Challenges Ahead: Willis

Due in part to reduced catastrophe losses and the increased supply of capital, property/casualty insurance buyers can expect to face friendly market conditions on most lines of business for the remainder of 2015. But evolving threats generated from a range …

Guy Carpenter Launches G-CAT® Canada Flood Model

Guy Carpenter launched its G-CAT® Canada Flood Model, which it describes as the first ever probabilistic flood model for Canada that enables insurers to assess their exposure to flood, Canada’s most frequently occurring natural hazard. Large areas of Canada experience …

AIG Invests in Cybersecurity, Investigations Firm, K2 Intelligence

American International Group Inc. as acquired a minority stake in K2 Intelligence, an corporate investigations firm. The companies said they have agreed to co-develop products and services to help AIG’s customers mitigate cyber risk and to explore opportunities in other …

$1B Bond Sale to Bolster Florida’s Citizens ‘Just In Case’

Florida hasn’t been hit by a hurricane since 2005, the longest stretch in more than a century. Its state-run property insurer isn’t taking any chances. Even though forecasters predict this year will produce the fewest named Atlantic storms since 1997, …

U.K.’s EC3\Legal Appoints Schrauwers as Chairman

London-based EC3\Legal* has announced that highly respected insurance industry figure, Cees Schrauwers, has joined the company as chairman. Schrauwers, who has more than 35 years’ financial services experience, is a former managing director of Aviva International and managing director of …