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

Aspen Names Brown to Head U.S. Distribution– Correction

Aspen U.S. Insurance announced that Russell Brown has joined the company as senior vice president and head of U.S. distribution. Reporting to Bob Rheel, executive vice president and head of U.S. Property & Casualty Insurance, Brown will lead distribution and …

Little and Regilio Join Beasley’s U.S. Private Enterprise Team on West Coast

Beazley has named Nicholas Little and Timothy Regilio to the company’s private enterprise team, which focuses on the professional liability needs of small businesses. Both Little and Regilio will be based in San Francisco, Calif. Little is relocating to San …

Can ‘The Rock’ Rescue the CEA?

The California Earthquake Authority long has had trouble getting Golden Staters to buy protection for the most devastating natural disaster most of them face. Indeed, if anything, California’s earthquake insurance market is more a story of regress than progress. While …

ACE Names Khoshabi as Managing Director, MENA; Dixon Named Special Adviser

ACE Group has promoted Mojgan Khoshabi to the role of regional managing director for ACE in the Middle East and North Africa, effective July 1. She will move to the new position from her current role as underwriting manager for …

Update: Bermuda Court Rules in Favor of PartnerRe; EXOR Responds

The Supreme Court of Bermuda has denied EXOR’s request to obtain shareholder information from PartnerRe, the reinsurer that is seeking to merge with AXIS Capital Holdings and avoid a hostile takeover from EXOR SpA. “EXOR’s application has been denied and …

U.S. Regulators Scrutinizing Coal Mines’ Clean-Up Insurance Program

Coal giant Peabody Energy has been among the harshest critics of federal energy policies, joining a court challenge to the Obama administration’s new clean air regulations and denouncing its promotion of renewable fuels. But there is one government program that …

Google to Issue Monthly Reports on Self-Driving Car Accidents

Google Inc. said it would give monthly updates of accidents involving its driverless cars. The report for May showed Google cars had been involved in 12 accidents since the company first began testing its self-driving cars in 2009, mostly involving …

Bipartisan Bill Targets Pregnancy Discrimination in Workplace

A bipartisan group of U.S. lawmakers introduced legislation last Thursday to boost protections for pregnant workers in response to a recent U.S. Supreme Court ruling that revived discrimination claims by a former United Parcel Service Inc. driver. Federal law currently …

Lloyd’s Specialist Insurer Marketform Promotes Two Underwriters

Specialist Lloyd’s underwriter Marketform has announced the promotion of Ian West to Head of Financial and Professional Lines. He will also continue as the Class Underwriter for Financial Lines, reporting to Chief Underwriting Officer Simon Lotter. Marketform has also promoted …

Number of US Homes at Risk of Storm Surge Damage in 2015 Tops 6.6 Million

This post is part of a series sponsored by CoreLogic. Total Reconstruction Cost Value of Homes is Nearly $1.5 Trillion Although the U.S. Atlantic and Gulf coasts have been spared any significant hurricane damage over the past two years, it …