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

Drones: Questions, Questions, and More Questions!

Insurance Services Office (ISO) recently released a “matched set” of drone-related endorsements for use with the commercial general liability (CGL) policy: three exclusionary endorsements and three “limited coverage” endorsements. All six endorsements have a 06 15 edition date and are …

Climate Change May Have Fueled Mosquito-Born Zika Outbreak: Scientists

Climate change may have fueled the outbreak of the mosquito-born Zika virus in Latin American and make it harder for developing countries to manage future epidemics, researchers said. Record-high temperatures last year in Brazil, Ecuador and other South America countries …

Sompo Canopius Announces a Simplified Organizational Structure

Sompo Canopius AG has announced a number of changes to its organizational structure. The company is simplifying its underwriting management and structure to enhance cohesiveness and focus on profitability across the group. It is also making some changes to its …

Auto Insurance Specialists Acquires Suncal Insurance Services

Agency acquisition complements AIS’s strong record of internal growth. Cerritos, CA, February 9, 2016 – Auto Insurance Specialists (AIS) today announced the acquisition of Suncal Insurance Services based in Santa Clarita, California. Terms of the transaction were not disclosed. Founded …

Tennessee Insurance Commissioner McPeak Elected as VP of NAIC

Tennessee Department of Commerce & Insurance (TDCI) Commissioner Julie Mix McPeak was elected as vice president of the National Association of Insurance Commissioners (NAIC), the nation’s insurance regulatory support organization. McPeak was elected vice president after a Feb. 7 special …

Attracting, Developing Talent a Focus for Westfield Group

It’s anticipated that by 2020 there will be hundreds of thousands of unfilled positions in the insurance industry and that some 25 percent of those currently working in the sector will retire within the next three years. The looming talent …

JLT Specialty USA Appoints Segall to Construction Practice Based in Atlanta

JLT Specialty USA has appointed Jeff Segall as SVP and Construction Risk leader in JLT’s U.S. Construction Practice. Segall will join JLT’s team working with large construction projects, including power stations, infrastructure projects, office blocks and sports stadia. He will …

Future of Tennessee Workers’ Comp Option in Question Amid Lawmaker Scandal

Legislation to create a workers’ compensation alternative in Tennessee is already facing serious setbacks in the just started legislative session, despite being amended in 2015 and refiled in 2016. An emerging scandal involving one of the lawmakers sponsoring the bill …

Hub International Names Owens Senior Vice President in California

Hub International Ltd. has named Sara Owens senior vice president of engagement. Owens will be responsible for engaging key constituents of Hub’s Los Angeles, Calif. operation, including community leaders, business owners, professional associations, strategic partners, clients and employees. She will …

California Hospital Workers’ Comp Report Shows Claim Severity on Rise

California workers’ compensation claim severity continues to increase, while claims frequency declines, according a newly released report. The latest California hospital report benchmarking workers’ comp costs by Milliman and Keenan Healthcare uses data from 35 hospital systems and individual facilities …