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

Liberty Int’l Underwriters Names McCarthy as Head of Global Crisis Mgmt. Unit

Liberty International Underwriters (LIU), a part of Liberty Mutual Insurance, has appointed Jane McCarthy as global senior vice president of its Global Crisis Management unit which includes kidnap, ransom and extortion; contaminated products; and product recall coverage worldwide. Based in …

M City: Where All Cars Are Driverless

A simulated city opened Monday on the north campus of the University of Michigan to test how self-driving cars will travel in the future without mowing down pedestrians or causing colossal crashes. “We had the faculty here at the university …

Brazil Economy Challenges Re/Insurers; No Rating Impact Expected: A.M. Best

As Brazil’s sovereign ratings hover just above non-investment grade status, A. M. Best said it is considering the effect a future sovereign downgrade would have on rated re/insurers’ balance sheets and risk-adjusted capitalization, according to a briefing published by the …

Talbot Appoints Sonville Managing Director, Montero Underwriting for Latin Am.

Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings, Ltd., announced the appointment of Luis Sonville as Managing Director of Talbot’s Latin American regional offices (Talbot LATAM). He will manage Talbot’s facultative operations in Miami and Santiago, and will …

How Agents View Agency Aggregators

About a quarter of independent insurance agents say they work at a firm that belongs to an aggregator cluster. But very few whose agencies don’t already belong to an aggregator want their firms to join one, a fact challenging the …

Entire State of South Carolina Now Facing Some Level of Drought

Modest rain and high temperatures this summer have pushed South Carolina into a drought. The South Carolina Drought Response Committee met last week and upgraded the drought status for the entire state. A release from the committee says that 28 …

Insurance Association to Hold 45th Annual Convention and South Florida’s Largest Insurance Trade Fair

The convention will run from August 5-9 at the Diplomat Resort & Spa Hollywood with the Trade Fair on Friday, August 8th. Miami, FL, June 21 2015—Over 1,000 insurance agency owners, brokers, agents, customer service representatives and administrators from across …

J.M. Wilson Adds Transportation Underwriter to South Carolina Office

J.M. Wilson has added Kayley Dana to their Charleston, S.C., office as transportation underwriter. Dana is responsible for quoting new and renewal transportation risks, and serving independent insurance agents in Georgia, North Carolina, South Carolina, and Tennessee. Prior to joining …

West Virginia Assessing Damage from Rain, Flooding

Damage assessments are taking place in the 10 West Virginia counties that were drenched by torrential rain and flooding last week. The assessments started on July 16 and are being conducted jointly by state emergency preparedness officials and the Federal …

Florida County Fines Lyft For Operating Without a Permit

The Hillsborough Public Transportation Commission is upholding a previous ruling that the commission can fine the ridesharing company Lyft for allowing drivers to operate without a county permit. The Tampa Tribune reports the agency had the right to fine Lyft …