June 26, 2015
Lawyers for the Archdiocese of St. Paul and Minneapolis are warning that criminal charges against the corporation could jeopardize insurance coverage that’s being counted on to pay some claims of victims of clergy abuse. The archdiocese faces multiple counts for …
June 26, 2015
Changes to Arkansas’ levee system after recent flooding in the state should be on the agenda if the Legislature is called back into a special session , a key lawmaker said. Republican Sen. Jason Rapert, who chairs the Senate Insurance …
June 26, 2015
Specialist insurer Beazley hired Michael Kontonotas as an underwriter for the company’s crime & fidelity bond underwriting team. He will work from Beazley’s New York office.
June 26, 2015
The Supreme Court’s decision to allow same- sex marriage nationwide will remove tax and personal finance headaches that have bedeviled gay couples. The 5-4 decision by the court (Obergefell v. Hodges) is a particularly significant victory for many residents of …
June 26, 2015
Global insurance regulators will take more time than previously planned to address industry concerns before applying tougher capital rules to some of the largest companies they oversee. Capital rules for global insurers, known as the Insurance Capital Standard, or ICS, …
June 26, 2015
Lawmakers will examine whether a program that allows coal companies to forgo mine cleanup insurance could leave taxpayers with billion dollar costs, leading members of the U.S. House Committee on Natural Resources said on Wednesday. The coal sector is responsible …
June 26, 2015
Starr Companies reported that Robert Cruz has joined the firm as national branch officer, director of field operations. In his new role, he will lead the growth and distribution strategy of Starr’s field organization. He will report directly to Chuck …
June 26, 2015
Forty-three percent of mid-sized businesses say they have experienced a data breach in the past three years and 13 percent have had a supplier’s data breach impact their business information. Also, according to The Hartford’s survey of midsize business owners …
June 26, 2015
A company is closer to putting an injection well online with approval from commissioners in a northwest Colorado county. The Rifle Citizen Telegram reported Garfield County commissioners gave the go-ahead this week to a land use application from Ursa Resources …
June 26, 2015
Towergate is creating a new retail broking division led by Janice Deakin, who will join the group as retail broking director on August 12, subject to regulatory approval. This division will encompass all the Towergate Insurance retail broking businesses, Towergate …