July 23, 2015
Kauai police say they have issued 539 tickets to people using cellphones while driving, an offense that can come with a pricey $300 fine for first-time law-breakers. Hawaii officials are cracking down on the use of hand-held mobile electronic devices …
July 23, 2015
The Department of Industrial Relations and its Division of Workers’ Compensation have released a report on progress implementing California’s workers’ compensation reforms. The report details increased payments to injured workers and significant cost-saving benefits for employers. The reforms are part …
July 23, 2015
Drivers as young as 18 years old could be allowed to drive 80,000-pound trucks between states if Congress goes along with a proposal backed by the U.S. trucking industry that safety advocates say would be a disaster. The plan, part …
July 23, 2015
Anthem Inc. is near an agreement to buy rival Cigna Corp. for about $48 billion, two people with knowledge of the matter said. A deal would create the largest health insurer in the U.S. after almost a year of talks. …
July 23, 2015
ACE Group announced that Tim Stapleton has joined the company as Vice President and Cyber Insurance Product Manager, a newly created position, for ACE Overseas General, the company’s general insurance business outside of North America. The bulletin said Stapleton would …
July 23, 2015
The new company formed as a result of ACE Limited’s acquisition of The Chubb Corp. will continue the Chubb practices that have made it a favorite among independent insurance agents, ACE CEO Evan Greenberg has promised. The new company will …
July 23, 2015
International General Insurance Holdings Company (UK) announced it has appointed Stuart Elliot as Political Violence Underwriter based in the London office. He joins IGI from Ace European Group, where he was a Terrorism and Political Violence Underwriter. Prior to that, …
July 23, 2015
Allied World Assurance Company Holdings, AG has reported net income of $9.5 million, or $0.10 per diluted share, for the second quarter of 2015 compared to net income of $151.9 million, or $1.52 per diluted share, for the second quarter …
July 23, 2015
Specialist insurer Beazley has launched Expatriate Medical and Emergency Evacuation, a new tailored insurance solution for Australian employees who live and work overseas. The product combines elements of both health and travel insurance to provide comprehensive coverage for expats based …
July 23, 2015
JLT Re, the London-based reinsurance broker and consultancy, announced it is continuing to develop and diversify its Programs and Binding Authority Division with three new appointments. Mark Sleet has joined from Miller where he specialized in casualty business; Sleet has …