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

Leavitt Hires Robertson in Idaho for Employee Benefits Team

Leavitt Group Benefits Services of Boise has named Shane Robertson to its employee group benefits team in Idaho. Robertson will advise employers in developing customized employee benefits plans and navigating the complexities of the Affordable Care Act. He has eight …

Alliant in California Names Novotnaj Director of Health Informatics

Alliant Insurance Services Inc. has named Kryz Novotnaj vice president and national director of health informatics in its employee benefits group. Novotnaj will be based in the Walnut Creek, Calif. office, and he will lead the expansion of Alliant’s health …

Marine Insurers Cautious About Re-Entering Iran, Despite Lifting of Sanctions

Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players unwilling to pick up cargoes as quickly as Tehran has wanted. A nuclear deal …

Argo Names AIG’s Mike-Mayer Chief Underwriter, NYWCB’s Wade Chief of Claims for U.S.

Specialty insurance and reinsurance carrier Argo Group International Holdings, Ltd. announced the appointments of Frank Mike-Mayer as chief underwriting officer and Mark Wade as chief claims officer, both serving as key executives for the company’s U.S. operations. As chief underwriting …

Lloyd’s Develops Standardized Data Requirements for Cyber Risks

Lloyd’s of London announced that a set of common core data requirements for cyber risks has been agreed by collaborating with modeling firms AIR Worldwide and RMS, along with RMS’ partner, the Cambridge Centre for Risk Studies. Both AIR and …

Drone Viewpoint: Let U.S. Protect Airspace, While States Protect Privacy

In October, a Kentucky judge dismissed criminal charges against a man who had shot down a drone flying over his property. Now the drone’s owner has brought a federal civil suit against the shooter, William Merideth, arguing that the Federal …

Insurance to Offset Merck’s $830M Settlement with Investors Over Vioxx

More than 11 years after pulling its Vioxx painkiller from the market, Merck & Co. agreed to pay another $830 million to settle litigation, raising its total payouts in lawsuits and government investigations to more than $8.5 billion. The settlement …

Everest Re Announces Senior Leadership Changes at Bermuda, Europe Operations

Bermuda-based Everest Re Group Ltd. announced that Mark de Saram, managing director and chief executive officer of Everest Reinsurance (Bermuda) Ltd., has notified the company of his decision to retire effective April 6, 2016. Sanjoy Mukherjee will succeed de Saram …

Factbox – International Firms Rush to Establish Position in Iran as Sanctions Lift

Major international companies are rushing to establish a position in Iran as the Islamic Republic re-opens for business after the lifting of international sanctions. Up for grabs is access to a market with 80 million people and annual output of …

Obama Nominates South Carolina Insurance Head to NARAB Board of Directors

President Barack Obama has nominated South Carolina Department of Insurance Director Raymond G. Farmer to serve as a member on the Board of Directors of the National Association of Registered Agents and Brokers (NARAB) for a period of one year. …