June 19, 2015
The huge fire burning in the San Bernardino National Forest east of Los Angeles has grown by another thousand acres and has now scorched more than 17 square miles of mountains. The U.S. Forest Service says the blaze sending up …
June 19, 2015
Preston Guthrie has joined Leavitt Insurance Agency’s St. George, Utah office. Guthrie will focus on employee benefits and life insurance. He has a strong background in sales and life insurance. Leavitt Group Insurance is part of Leavitt Group, a large …
June 19, 2015
Not so long ago, critics of Obamacare were warning of death spirals, the risk that too many sick people and not enough healthy ones would sign up for insurance, triggering a cycle of ever higher costs for insurers and steep …
June 19, 2015
World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the rights to hold the tournaments because of fraud, industry experts said. Russia and Qatar could be stripped of their World …
June 19, 2015
A decade-old lawsuit in which New York accused former American International Group Inc. Chief Executive Maurice “Hank” Greenberg of accounting fraud will head to the state’s highest court for a second time, likely delaying for several months a trial that …
June 19, 2015
JLT Re, the London-based provider of reinsurance broking and capital solutions, has appointed Craig Brokenshire as global chief operating officer. Brokenshire was previously COO of JLT Re’s Asia Pacific region, having joined JLT Re Australia as a director in 2011. …
June 19, 2015
If you’re a freelance writer who occasionally sells articles to a website, are you actually an employee? If you live in California, I think the answer might be — yes? The California Labor commissioner has ruled that Uber drivers are …
June 19, 2015
The Allstate Corp. has estimated its catastrophe losses in the U.S. for the month of May 2015 of $178 million before tax from eight events. Four severe weather events accounted for over 77 percent of the estimated catastrophe losses for …
June 19, 2015
Bermuda-based Hiscox announced that John Worth will join the company on June 22, and, subject to regulatory approval, will be appointed interim chief financial officer with effect from September 1, 2015. Worth’s appointment is designed to provide continuity in oversight …
June 19, 2015
Zhong An Online Property & Casualty Insurance Co., a Chinese online insurer part owned by Alibaba Group Holding Ltd., said it raised 5.8 billion yuan ($934 million) from investors including Morgan Stanley. The Shanghai-based company now has a market value …