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

Steve Hearn to Leave Willis for CEO Role at Cooper Gay Swett & Crawford

Willis Group Holdings confirmed that Deputy CEO Steve Hearn has decided to leave the company and will take up the role of CEO at Cooper Gay Swett & Crawford (CGSW) at the beginning of November. The announcement came one day …

Towergate Insurance Reports Q1 Net Income of $134 Million; Down 8%

Towergate Insurance reported first quarter income of £86 million ($134 million), down 8 percent from £93 million ($145 million) reported for the same period in 2014 – with its performance adversely affected by the group’s financial restructuring and change program. …

XL Catlin Expands Data Breach Response Specialists Network

XL Catlin’s Cyber & Technology insurance business in North America is adding additional computer forensic and legal resources to its network of breach response specialists to help clients respond to breach incidents. XL Catlin’s newest breach response partners include Mandiant, …

Integro Acquires Atlanta-Based Clearview Group

International insurance broker and risk management firm Integro Ltd. has further expanded its benefits practice with the acquisition of Clearview Group, an Atlanta-based national health benefits consultant with a subspecialty serving the private equity industry. Financial details of the transaction …

Jury Awards $24M to Widower of Woman Killed in Florida Hotel Cabana

A South Florida jury awarded $24 million to a man whose pregnant wife was killed when a drunken driver slammed into a cabana at a Fort Lauderdale hotel. The decision came more than three years after a car crossed a …

Lawsuits Filed Against Alabama Day Care Over Child Illnesses

Parents have filed two lawsuits against a Montgomery, Alabama day care where health officials say nearly 90 children suffered suspected food poisoning this week. Court documents show the suits were filed last week within minutes of each other against Sunnyside …

New Booster Seat Requirements Take Effect in Kentucky

Kentucky’s new booster seat law is going into effect, and officials are reminding motorists to make sure young passengers meet the new requirements. The old law required children younger than 7 years and 40 to 50 inches tall to ride …

Study: Social Posts Provide Clues to Millennials’ Attitudes

A study of social media posts of millennials — those aged 20 to 35 — found that when this group shares financial concerns online their anxiety decreases significantly even when a purchase or transaction is a completely new experience. To …

Allied World Top Backer of Puerto Rico Municipal Bond

Allied World Assurance Co. is the top backer of MatlinPatterson Global Advisers’ bets on Puerto Rico’s rebound, according to a person familiar with the arrangement. The insurer provided more than half of the $150 million that MatlinPatterson invested in the …

Obamacare Tax Subsidy Recipients in Northeast Express Relief

The U.S. Supreme Court on Thursday upheld the tax subsidies for health insureds across the country including those in states without their own health exchanges that use the federal health insurance exchange. The following are some of the reactions from …