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

CNA’s Tatum Named Head of AXIS Insurance’s U.S. Programs

John Tatum has joined AXIS Insurance as executive vice president and head of U.S. Programs. In this new position, he is responsible for all programs and binding authorities for AXIS Insurance across the U.S. market. Tatum reports directly to Carlton …

ITC, Compare.com Team Up to Expand Online Auto Insurance Quote Services

Insurance Technologies Corporation (ITC), headquartered in Carrollton, Texas, and Compare.com, based in Richmond, Va., have partnered to help provide more auto insurance quotes to online insurance shoppers, the companies announced. Compare.com works with more than 90 insurance brands to deliver …

Restaurant Damage in Northern California Due to Crank Callers

Several restaurants in Northern California are damaged after suspected prank callers tricked workers into testing their fire suppression system. The San Francisco Chronicle reported that Elk Grove officials say three such incidents were reported to the Cosumnes Fire Department Monday …

JLT Re Names Chandler EVP And Managing Broker in California

JLT Re has named Pete Chandler executive vice president and managing broker. He will be based in JLT Re’s San Francisco, Calif. office and report to Ed Hochberg, CEO of JLT Re in North America. Chandler comes from Marsh, where …

U.S., EU Report on Re/Insurance Covered Agreement Talks

Representatives of the United States and the European Union met in Brussels this week to continue their joint negotiations for a bilateral agreement on insurance and reinsurance measures. “Both sides continued to discuss in good faith matters relating to group …

New Jersey, Allstate Recover Millions in PIP Insurance Fraud Case

New Jersey insurance officials said they have recovered $3.5 million in a personal injury insurance fraud case involving chiropractors, physicians, medical facilities, billing companies and others. In a case connected to the same operation, Allstate Insurance recovered more than $20 …

Local Fire Chief Credits ‘Pokemon Go’ Player with Saving Building

Authorities say a man who was outside playing “Pokemon Go” helped save a burning Massachusetts building from severe damage. Sandwich Deputy Fire Chief John Burke said the man lived nearby and was in the parking lot playing the cellphone game …

Willis Towers Watson Launches New Version of Pricing Software Radar 2.0

Willis Towers Watson has released a new version of its Radar pricing software to enhance support for the growing demand for pricing sophistication from property and casualty (P&C) insurance markets around the world. “The leap forward in processing speed of …

2 State AGs Refuse House Republicans’ Subpoenas Over Climate Change

The New York and Massachusetts attorneys general are refusing to comply with congressional subpoenas seeking records about their investigations into whether Exxon Mobil misled investors about man-made climate change. In an escalating political fight over global warming, the chairman of …

Telematics Data Provides ‘Compelling’ Defense Evidence in UK Liability Trial

Telematics data was successfully used to defend a driver in a liability trial in England, according to Insure The Box Ltd., a telematics-based car insurer. The strength of the telematics data prove the policyholder’s case, in contrast to the third …