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

International General Insurance Reports $16.2 Million 1st Half Earnings

Dubai-based International General Insurance Holdings Limited (IGIH) announced net earnings of $16.2 million for H1 2015 and a dividend of US $ 0.04 per share. Net earnings for the first half of 2014 were $18.5 million. The group’s announcement said …

CCRIF Members Complete Enhanced Catastrophe Portfolios for 2015-16

The 16 Caribbean member governments of CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), the co-operative association that covers risks from natural catastrophes in the region, announced that they have completed their catastrophe insurance portfolios for 2015/2016. The bulletin …

Huge Explosions & Fire in Chinese Port of Tianjin Kill 44; Firemen Missing

Two huge explosions tore through an industrial area where toxic chemicals and gas were stored in the northeast Chinese port city of Tianjin, killing at least 44 people, including at least a dozen fire fighters, officials and state media said …

Johnson & Johnson Acquires John Handel & Associates in Florida

Managing general agency Johnson & Johnson, Inc. (J&J) has acquired John Handel & Associates, Inc. (JHA), located in St. Petersburg, Fla. Under its new ownership, JHA will continue to offer the same products and services throughout the state of Florida, …

Maritime Program Group Bolsters Their Recreational Marine Division with Three New Hires

Westbrook, CT, August 13, 2015- Maritime Program announces three new hires to their recreational marine division; naming Roger Carbonier as a Vice President and Director of Recreational Marine, Michael Luu as Commercial Marine Underwriter and Maria Lawrence as West Coast …

New N.J. Law Emphasizes Traffic Safety to Young Drivers

Applicants for a New Jersey driver’s license must answer whether they’re aware of the dangers of failing to follow traffic laws under a law signed by New Jersey Acting Gov. Kim Guadagno. Guadagno signed the legislation on Aug. 4 in …

New Jersey Motorcyclist Indicted for Insurance Fraud

A New Jersey man has been indicted for allegedly reporting that his motorcycle had been stripped of its parts by thieves on two occasions, when in actuality he directed a repair shop to remove the parts so that he could …

Poll: NYC Voters See Yellow-Taxi Industry Working to Limit Uber

Sixty-five percent of New York City voters say they believe political campaign contributions by the yellow-taxi industry are behind efforts by some elected officials to limit the growth of the Uber ride-hailing service, according to a poll released Monday. The …

Maximum Adds 2 New Producers From All Risks in Florida

Maximum, an independent, Chicago-based excess and surplus lines wholesale distributor, hired Jennifer Entinger and Kim Monahan as producers in Florida. Both Entinger and Monahan came from All Risks, Ltd. and have a brokerage focus in property/casualty. A native to southern …

Death Toll From Legionnaires’ Disease Up to 12, NYC Mayor Says

Two more people in the Bronx have died of Legionnaires’ disease, bringing the total of fatalities to 12 in the largest outbreak of the disease in New York City history, officials said Monday. There are now 113 reported cases of …