Chicago-based CNA has appointed Joel Townsend as senior vice president, Claim. He will be head of claims customer service for CNA’s global Management Liability, Financial Institutions and Technology business units. Townsend previously served as senior vice president and worldwide specialty …
Beazley announced the launch of the company’s flagship Beazley Breach Response (BBR) product in Canada, which is data breach response insurance that protects the personal data of up to five million individuals per breach. Canada’s Digital Privacy Act, passed in …
A judge’s ruling that MetLife Inc. is not “too big to fail” opens up an opportunity for insurer American International Group Inc. to seek an exemption from the tag, AIG Chief Executive Peter Hancock said on CNBC on Thursday. However, …
Utah is joining more than a dozen states to require businesses to offer breast-feeding and pregnant employees accommodations such as extra breaks during work. Republican Gov. Gary Herbert signed a law this week that makes it a requirement for employers …
A Portland, Ore.-based electricity provider that fired the contractor building its natural gas plant in Boardman is suing the backers of a bond guaranteeing construction. The East Oregonian reported Portland General Electric filed the lawsuit March 23 against Liberty Mutual …
The Oregon Ice Cream Co. has agreed to pay $55,000 for violating federal safety rules at its Eugene plant. In 2011, Environmental Protection Agency inspectors found that the company failed to meet industry safety standards for its ammonia refrigeration equipment …
Employees don’t see it as their responsibility to safeguard corporate security processes and one in five would go so far as to sell sell their company’s passwords to an outsider. Of those who would sell their passwords, 44 percent would …
Commercial property/casualty insurance carrier CNA has appointed Joel Townsend as senior vice president, Claim, responsible for claims customer service for CNA’s global Management Liability, Financial Institutions and Technology business units. Townsend has 25 years of experience in the claims area. …
There were 80 securities class action settlements approved in 2015, the highest number since 2010, and total settlement dollars rose to more than $3 billion, according to research by Cornerstone Research. The report, “Securities Class Action Settlements—2015 Review and Analysis,” …
