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

California Insurance Commissioner Calls for Insurance Divestment from Coal

California Insurance Commissioner Dave Jones on Monday asked all insurance companies doing business in California to voluntarily divest from their investments in thermal coal as part of a nationwide call to reduce carbon emissions to do battle with climate change. …

Sachs Walsh Hires Satrazemis as Commercial Lines Manager in Connecticut

Sachs Walsh Insurance, an independent agency in Westport, Connecticut, has hired Christos Satrazemis to replace Arthur Sachs as Commercial Lines manager. Sachs, who founded the agency in 1978, retired at the end of 2015.

XL Catlin Expands Architects & Engineers Product to Cover Drones, Technology Risks

XL Catlin’s Design Professional insurance business has enhanced its professional liability insurance for architects and engineers (A&E) as well as other design professionals. XL Catlin’s newest Design Professional insurance enhancements include: Professional liability protection for a firm’s use of drones …

USI Insurance Services Acquires CBDI in New Jersey

USI Insurance Services announced Monday that it has acquired CBDI Inc., an employee benefits wholesale brokerage operation based in Mount Laurel, New Jersey. Terms of the transaction were not disclosed. CBDI will become part of Emerson Reid LLC, USI’s employee …

Mississippi Cleans up From Snowstorm, Tornado Damage

Call it the tale of two storms: Just as about 2 inches of snow was about to fall in northern Mississippi, two tornadoes tore through parts of south Mississippi. The National Weather Service in Jackson confirmed Friday that at least …

Group Asking Residents Use Drones to Map El Niño Flooding in California

Forget about selfies. In California, residents are using smartphones and drones to document the coastline’s changing face. Starting this month, The Nature Conservancy is asking tech junkies to capture the flooding and coastal erosion that come with El Niño, a …

California Gas Leak Follows Years of Lax Regulation of Aging Storage Wells

Long before a natural gas storage well sprung a disastrous leak near Los Angeles, Calif., utilities and national industry groups were raising alarms about the danger of aging underground storage infrastructure. The leaking well’s owner, Southern California Gas Co., warned …

USI Names Goldman Employee Benefits Leader for Mountain Region

USI Insurance Services has named David Goldman employee benefits leader and producer for its Mountain region. Goldman is responsible for driving new business growth as well as managing a book of clients for USI. Goldman has more than 25 years …

JLT Specialty Names Hernandez Senior Vice President in California

JLT Specialty USA has named Cari Hernandez senior vice president for its entertainment and hospitality practice. Hernandez will be based in JLT’s Los Angeles, Calif. office, where she will manage the needs of clients in gaming, resorts, events, sports and …

Doyle Joins Leavitt Group in Central California

Salinas, Calif.-based Leavitt Central Coast Insurance Services has hired Deana Doyle as a personal agent. Doyle focuses on insurance for home and auto and is licensed in property/casualty and life and health. Doyle worked in personal insurance for 15 years …