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

London-Based Brit Opens Singapore Office, Operating via Lloyd’s Platform

Brit Ltd., the London-based specialty insurer, has opened an office in Singapore, which will begin operations on March 1 via the Lloyd’s Singapore platform. Brit has received approval to begin underwriting from both Lloyd’s and the Monetary Authority of Singapore …

Self-Driving Vehicles Meet Their Match When Snow Creates Sensor Blindness

In Jokkmokk, a tiny hamlet just north of the Arctic Circle in Sweden, where temperatures can dip to 50 below, Volvo Cars’ self-driving XC90 sport-utility vehicle met its match: frozen flakes that caked on radar sensors essential to reading the …

North Korean Shipping Company Evades UN Sanctions, Obtains Marine Insurance

A U.N.-blacklisted North Korean shipping company continues to evade sanctions through its use of foreign-flagged ships, name changes and other means of obfuscation, according to a new report by United Nations monitors. The U.N. Security Council’s Panel of Experts on …

Hess Named Interim Director of Arizona Department of Insurance

Gov. Doug Ducey has appointed Leslie Hess as the interim director of the Arizona Department of Insurance. Hess has worked in the insurance and financial services industries, in both the private and public sectors, for over 25 years. Hess was …

Texas Seeks Applicants for Medical Liability Insurance Underwriting Assoc. Board

The Texas Department of Insurance is accepting applications through March 11 for two public member positions on the Texas Medical Liability Insurance Underwriting Association board of directors. The appointment terms are for one year. The association is a self-supporting entity …

Arkansas Insurance Department Helped Consumers Recover $3.8M in 2015

The Arkansas Insurance Department reported that its Consumer Services Division (CSD) recovered $3,843,969 for Arkansas insurance consumers in 2015. Recoveries are dollar amounts in excess of the amounts initially offered by insurance companies. In 2014, $3,803,830 was recovered. During 2015, …

Donald Gaddis Co. Adds Cale as Senior P/C Broker

Chicago-based independent regional wholesale insurance brokerage and general agent, Donald Gaddis Co. Inc., has hired Angela Cale as a senior property/casualty broker. Cale has 23 years of experience in the excess and surplus lines segment of the industry, handling both …

Arkansas Aims to Cut Wrong-Way Crashes with $2.8M in Improvements

Arkansas highway officials have initiated $2.8 million in improvements with a focus on reducing wrong-way crashes on the state freeway system. The Arkansas Democrat-Gazette reports that the effort is designed to address the problem of motorists entering freeways in the …

Multiple Lawsuits Filed over Flint Water Contamination, Legionnaires’ Disease

One lawsuit seeks to replace lead-leaching water lines at no cost to customers. Another seeks money for thousands of Flint, Mich., residents who unwittingly drank toxic water. A third complaint has been filed on behalf of people with Legionnaires’ disease. …

Washington Apple Grower Settles Harassment, Retaliation Suits for $272K

One of the largest apple producers in the United States will pay $272,000 to 20 claimants as part of a settlement resolving sexual harassment and retaliation claims pending before the Ninth Circuit Court of Appeals, the U.S. Equal Employment Opportunity …