Monthly Archives: <span>January 2016</span>

XL Catlin Opens Brisbane Office, Continuing Regional Expansion

XL Catlin’s insurance segment announced it has opened its third office in Australia, located in Brisbane. The office will be initially staffed by Geoff Still and Steve Rogers covering property & casualty underwriting, respectively, with expansion planned into other lines …

EU Security Chiefs Warn that Terrorist Attacks Highly Likely in Europe

Islamic State and other militants are very likely to attempt big new attacks in Europe following those in Paris, the EU’s police agency said on Monday, echoing previous warnings by senior security officials. The assessment was based on discussions concluded …

Supply Chains Thwart Climate Risk Management for 75 Major Companies: Report

Goldman Sachs Group Inc., Coca-Cola Co. and 73 other companies that together buy more than $2 trillion of goods and services are unprepared for climate shocks because suppliers are ignoring requests for data on their exposure to rising temperatures and …

Report: Florida’s Workers’ Comp Market Still Strong but Uncertainty Remains

The latest workers’ compensation report from Florida’s insurance regulator says the state’s workers’ compensation market remained competitive and well capitalized in 2014, but reforms put in place by state lawmakers in 2003 may have reached their maximum effectiveness. Findings and …

N.Y. Group: Scaffold Law Will Consume Billions From Public Projects Spending

The Lawsuit Reform Alliance of New York (LRANY) said New York’s “Scaffold Law” continues to drive up the cost of construction in the state and warned that the law would consume billions of dollars from the newly proposed infrastructure projects …

Texas Stamping Office: Growth in U.S. Surplus Lines Continued in 2015

Collectively, the surplus lines insurance service/stamping offices across the country processed a record-breaking $25 billion in premium in 2015, exhibiting 3.6 percent growth over the $24.2 billion in premium processed during 2014, the Surplus Lines Stamping Office of Texas (SLSOT) …

Inspiring Innovation an Aim of Iowa’s 3rd Global Insurance Symposium

Iowa will hold its third annual Global Insurance Symposium April 26-28, 2016, in downtown Des Moines. This year’s symposium is themed “Inspiring Innovation in the Insurance Industry.” Planners say registration for the event is now open. The symposium is jointly …

JLT Specialty USA Appoints Trinkleback as Sr. VP, Casualty Risk Control Leader

JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), named Robert Trinkleback as its new senior vice president, Casualty Risk Control leader at JLT’s Chicago office. Trinkleback, who most recently served as executive vice president of …

Cunningham Named Chief Information Officer at Grange Insurance

Grange Insurance, based in Columbus, Ohio, announced that Tim Cunningham has joined the company as vice president, chief information officer. Cunningham will lead major technology investments across all lines of business. With nearly 30 years of experience managing technology systems …

Jones’ Coal Divestment Call Is Irresponsible, Blatantly Political

In the early 1990s, the insolvencies of three major life insurers – Executive Life, Mutual Benefit and Confederation Life – rocked the industry and threatened to bring about the end of the state-based system of insurance regulation the United States …