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

ICW in California Names Guthrie Vice President of Customer Experience

San Diego, Calif.-based ICW Group Insurance Cos. has named Kristin Guthrie vice president of customer experience. At this new position for the company, Guthrie will be reporting directly to Chief Operating Officer David Hoppen. Guthrie was vice president of customer …

Woodruff-Sawyer Names Meister Assistant Vice President in Southern California

Woodruff-Sawyer & Co. has named John Meister assistant vice president in the firm’s Southern California office. Meister will work at developing and implementing growth opportunities for Woodruff Sawyer and further advancing the office’s employee benefits practice. Meister was a benefits …

Brightway, Preston Trail Adds Estrada And Wyatt-Crawford in Texas

Brightway, Preston Trail has added Temeji Wyatt-Crawford, senior producer, and Amanda Estrada to the team of agents to help consumers in North Dallas, Texas with their insurance needs. Wyatt-Crawford and Estrada have nearly a decade’s worth of experience. Wyatt-Crawford has …

Tropical Weather System Approaches Southeast States

Crowds thinned Tuesday on the beaches of North Carolina’s Outer Banks ahead of a tropical weather system that threatened to bring strong winds and heavy rains that could flood low-lying areas. Elsewhere, a powerful hurricane threatened to pass “dangerously close” …

How Florida Insurers Can Prepare for Claims from a Major Hurricane

After eight hurricanes in two years between 2004 and 2005, we haven’t seen a hurricane in Florida for over 10 years. Has the state learned from those storms? Are the insurance companies ready? What about the independent adjusting companies, do …

Amtrak Wins Partial Appeal to Recoup Insurance for Sandy Repairs

Amtrak secured a partial U.S. appellate court win on Wednesday in its efforts to recoup insurance coverage after the railroad service sustained more than $1 billion in losses during Superstorm Sandy in 2012. The 2nd U.S. Circuit Court of Appeals …

Iowa in Middle of Debate Over ‘Shadow Insurance’ Deals

For cash-strapped life insurance companies, the deal sounds almost too good to be true: A state law allows them to create complex financial instruments to transfer liabilities to new subsidiaries, instantly wiping huge debts off their books. So-called “shadow insurance” …

Elderly Healthcare in APAC to Cost $20 Trillion-Plus over Next 15 Years: Marsh

Elderly healthcare in the Asia Pacific region will cost more than US$20 trillion between 2015 and 2030, according to a report published by Marsh & McLennan Cos. The report titled “Advancing into the Golden Years – Cost of Healthcare for …

XL Catlin Updates Active Assailant Cover to Include Use of Road Vehicles in Attack

XL Catlin announced it has updated the wording of its “Active Assailant” coverage to include the use of road vehicles in an attack. Stephen Ashwell, XL Catlin’s chief underwriting officer for Crisis Management, said: “The tragic events that took place …

Sompo Canopius Launches U.S. Ocean Marine Unit; Hires XL Catlin’s Ellis to Head

Sompo Canopius AG is diving into the U.S. ocean marine business. The global specialty insurer and reinsurer, which is wholly-owned by Sompo Japan Nipponkoa Insurance Inc., calls this a “significant expansion” of its U.S. business that will complement its marine …