May 24, 2016
Just six months after Oklahoma’s ban on texting and driving went into effect, advocacy groups are calling for even broader measures to curb distracted driving. Oklahoma was among the last states to pass a texting and driving moratorium when the …
May 24, 2016
Everest Re Group Ltd. has appointed Sean Berry as vice president and head of the Reinsurance Division’s International Property Facultative unit. Based in Everest Re’s Miami office, Berry will be responsible for worldwide property facultative underwriting, excluding business written out …
May 24, 2016
This year, extensive flooding has already affected parts of Texas and Louisiana. With more rain producing floods in the forecast for the southern part of the U.S. this spring, the likelihood of disaster fraud increases. Disaster-related fraud affects auto, homeowners …
May 24, 2016
The International Association of Machinists and Aerospace Workers trumpeted an agreement reached earlier this month to represent New York Uber drivers, saying it “gives organized labor an opportunity to shape the new economy in a way that supports and values …
May 24, 2016
Specialist insurer Beazley has made several senior hires to expand its environmental liability insurance team in the U.S. The Beazley environmental team now has 20 associates across the U.S., with local underwriting and claims contacts in every region. Chris Biddle, …
May 24, 2016
China’s second-biggest insurance company, Ping An Group, has become the first Chinese member of a global consortium led by fintech firm R3 which is working on ways blockchain technology can be used in financial markets, the companies said on Tuesday. …
May 24, 2016
At the Vermont Fire Academy in Pittsford, Vermont, fire safety instructors are getting some training to deal with a new challenge — battling blazes on rooftops adorned with solar panels. A workshop at the academy last week focused on the …
May 24, 2016
Berkshire Hathaway GUARD Insurance Companies in Wilkes-Barre, Pennsylvania, has hired Sue Bonkowski and Mike Lawless as senior field representatives.
May 24, 2016
Insurers have had about enough of hedge funds. Stung by market-trailing returns, the insurance industry in the U.S. is reversing course after more than doubling its hedge fund allocation over five years, to $17.7 billion as of Dec. 31, according …
May 24, 2016
Chubb has launched Chubb Easy Solutions, its proposition for brokers and their small and medium sized clients in Europe. Backed up by a dedicated underwriting team, Chubb Easy Solutions provides cover through a simplified underwriting process, enabling brokers to obtain …