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

How to Read ANY Insurance Policy

Rarely does any insurance practitioner, even hard core ones, undertake to read an entire policy, short of severe insomnia or boredom. Generally, a specific answer is being sought or a problem is being researched requiring review of only individual sections …

Parts of Virginia Beach Face Long Recovery from Hurricane Matthew

For some neighborhoods in Virginia Beach, the long recovery from flooding caused by Hurricane Matthew is just beginning. On Saturday, emergency management crews and other officials toured several communities where homes were damaged. Virginia Beach emergency manager Erin Sutton says …

JLT Specialty USA Hires Three in New York

JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), a specialty-focused provider of insurance, reinsurance and employee benefits related advice, brokerage and services, has appointed three new team members who will be based in Latham, New …

Tarpey Insurance Group Acquires TSB Insurance Services in Massachusetts

Tarpey Insurance Group Inc., a family owned and operated independent insurance agency headquartered in Wakefield, Mass., has acquired TSB Insurance Services, also of Wakefield, Mass. TSB Insurance Services will be relocated to Tarpey Insurance Group’s home office effective immediately following …

Independent Insurance Investments Inc. Appoints DeLago to Board

Independent Insurance Investments Inc. (4I’s), a holding company formed to invest in non-standard personal lines automobile insurance companies and related service companies, appointed Joe DeLago, CEO of Good2Go direct marketing division, to its board of directors at its October 13 …

AIG to Sell Certain Latin American, Central and Eastern Europe Business to Fairfax

American International Group Inc. is selling its local commercial and consumer insurance operations in Argentina, Chile, Colombia, Uruguay, Venezuela and Turkey to property/casualty insurer Fairfax Financial Holdings Ltd. AIG is also selling Fairfax the renewal rights for the portfolio of …

MS Amlin’s Rayner Joins Pioneer Underwriters as Group Director of Underwriting

Pioneer Underwriters announces that Graeme Rayner has commenced his role as group director of underwriting, reporting to Chief Executive Officer Darren Doherty. Rayner, whose appointment was first announced in August 2016, joins from MS Amlin where, prior to Mitsui Sumitomo’s …

Slow Pace of Insurance Payouts, Rebuilding Angers Alberta Wildfire Victims

Some five months after the wildfires that devastated Fort McMurray were extinguished, anger over red tape and the slow pace of insurance payouts and permit issuance is flaring in the remote northern Canadian city. More than 1,900 structures were destroyed …

Bad Attitudes That Get in the Way of Success at Work

“Martha has so much going for her, but she could be doing so much more for herself.” How many people do you know or work with like that? What keeps us from getting to where we want to be or …

Auto Claims Startup Snapsheet Attracts $20 Million in Funding

Liberty Mutual and USAA are among the backers behind of Snapsheet, a startup that is developing virtual auto claims technology and services that recently closed on $20 million in new financing. Snapsheet disclosed the Series C funding round on Oct. …