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

Walsh Duffield Acquires Barry York Inc. in Upstate New York

Walsh Duffield Companies Inc., an independent insurance agency based in Buffalo, New York, announced that it has acquired Barry York Inc., an independent agency in Pittsford, New York, a suburb of Rochester, New York. Terms of the transaction were not …

Confie Acquires Fair Price Insurance in New York City

Confie, a national provider of personal and commercial lines insurance, announced that it has acquired Fair Price Insurance Inc., a specialty auto insurance agency based in the Bronx, New York City. Terms of the transaction were not disclosed. This is …

Farmers to Feel Heat from Manufacturers Over Food Safety

With food recalls on the rise and the threat to food security growing, food manufacturers are going to want to know more details about farmers’ and ranchers’ food safety and security practices, an agribusiness insurance expert told attendees at the …

Supreme Court Says Nestle Must Face Liability Claim for Foreign Child Slavery

The U.S. Supreme Court on Monday rejected a bid by Nestle SA, the world’s largest food maker, and two other companies to throw out a lawsuit seeking to hold them liable for the use of child slaves to harvest cocoa …

JLT Specialty Taps Aon Exec Kotlewski as Senior VP in New York

JLT Specialty USA, the U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has hired Brad Kotlewski as senior vice president. Kotlewski will be based in the New York City office. Kotlewski will join JLT’s Financial Lines Group as the …

First Trial Over Faulty GM Ignition Switch to Open Today

General Motors is set to go to trial Monday in a lawsuit over its 2014 recall of millions of vehicles for a faulty ignition switch linked to nearly 400 injuries and deaths. In the lawsuit, plaintiff Robert Scheuers claims he …

Fisher Appointed CEO of U.K.’s Chartered Insurance Institute

Sian Fisher has been appointed CEO of the London-based Chartered Insurance Institute (CII)*. She succeeds Dr. Sandy Scott, who announced his retirement in March last year. Fisher will take up her new post on Feb. 1 Fisher has a large …

Hackers Caused Ukraine Outage with Malware & Remote Power Cut: Report

Hackers likely caused a Dec. 23 electricity outage in Ukraine by remotely switching breakers to cut power, after installing malware to prevent technicians from detecting the attack, according to a report analyzing how the incident unfolded. The report from Washington-based …

Crash Rates Lower for Self-Driving Cars: Virginia Tech Study

Crash rates for self-driving cars are lower than the national crash rate of conventional cars, according to a new report out of Virginia Tech Transportation Institute that was commissioned by self-driving car developer Google. While self-driving cars have a rate …

Hamilton Underwriting Appoints Daws as Deputy Active Underwriter

Hamilton Underwriting Ltd., the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, announced that Adrian Daws has been appointed to the position of deputy active underwriter and head of specialty. Daws reports to …