It’s been nearly a week since Hurricane Matthew ravaged the Southeast coast but the insurance industry’s job of responding to the devastation and assessing the total cost of damage from the storm is just beginning. With flood waters still rising …
Britain’s banks are not reporting the full extent of cyber attacks to regulators for fear of punishment or bad publicity, bank executives and providers of security systems say. Reported attacks on financial institutions in Britain have risen from just 5 …
CMIC, an A- (A.M. Best) rated company and member-owned medical professional liability insurance provider, announced that the overall rate indication for Connecticut and Massachusetts policyholders will remain unchanged for the upcoming 2017 policy year. This marks the 13th consecutive year …
Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has strengthened its employee benefits practice and made its first move to offer wealth management and retirement plan services with the acquisition of Garden City, New York, …
JLT Re (North America) Inc. (JLT Re), a global provider of reinsurance broking and consultancy, has appointed John Speckman as senior vice president in Stamford, Conn. In this role, Speckman will be part of the Workers’ Compensation and Programs practice …
Willis Re has appointed Ronnie Carroll as head of Structured Solutions for Europe West and senior UK client advisor. He will report to Alkis Tsimaratos, managing director, head of Europe West. Carroll joins from Hannover Re where he was a …
Hurricane Nicole made a direct hit on Bermuda Thursday as the strongest hurricane to affect the Atlantic archipelago in 13 years, according to a report issued by Weather Underground. The storm’s impact on Bermuda has now ended, with the exception …
Beazley, a provider of specialist construction and engineering insurance, has appointed Santiago Jaramillo as construction and engineering focus group leader for Latin America. Jaramillo will work out of the company’s expanding Miami office focused on serving the Latin American market. …
California Insurance Commissioner Dave Jones today announced he has awarded $34.9 million in grants to 37 district attorney offices representing 44 counties across California to combat workers’ compensation insurance fraud. The grants, funded through employer assessments, support law enforcement efforts …
Will workers’ compensation benefits from California’s sweeping reform law passed in 2012 help or hurt injured employees over the next four years? Some people didn’t want to wait until 2020 to answer that question. The Santa Monica-based think tank Rand …
