Insurance fraud cases investigated by Washington Insurance Commissioner Mike Kreidler’s special investigations unit have resulted in felony convictions against three people. David Cook, 51, pleaded guilty in Pierce County Superior Court of attempted first-degree theft. He is in Pierce County …
United States Aviation Underwriter Inc. (USAU), the manager of the United States Aircraft Insurance Group (USAIG), announced that David McKay, chairman and chief executive officer, plans to retire after nearly 40 years with the company. McKay’s retirement will be effective …
Finance executives should consider slashing their own paychecks as the U.K. works to exit the European Union in order to win back the trust of people who have lost faith in large businesses, according to Lloyd’s of London Chief Executive …
Western Growers has named Ken Cooper director of risk strategy. Cooper will spearhead the development of innovative on-site and virtual solutions to meet the loss control and safety needs of Western Growers’ members. Cooper most recently was regional vice president …
A new study says that human-induced climate change has doubled the area affected by forest fires in the U.S. West over the last 30 years. Since 1984 heightened temperatures and resulting aridity have caused fires to spread across an additional …
There will be plenty of large-scale reconstruction to do in the wake of Hurricane Matthew, which has been blamed for dozens of deaths since it made its first U.S. landfall Friday and is still causing catastrophic flooding throughout eastern North …
XL Catlin has opened a second office in Mexico, located in Monterrey, and appointed Carlos Matthey as client distribution leader in that location. Monterrey is the capital of the state of Nuevo León, which has an economy comparable to that …
Samsung Electronics Co.’s recall of its fire-prone Galaxy Note 7 smartphone will be one of the biggest recalls ever in the technology industry. The South Korean conglomerate pulled the plug on the entire product line and slashed its third-quarter profit …
Swiss Re Corporate Solutions Ltd. and Rio de Janeiro-based Bradesco Seguros S.A.* have signed definitive agreements under which Bradesco Seguros will contribute its commercial large-risk portfolio to Swiss Re Corporate Solutions Brasil Seguros S.A. (SRCSB). The agreements include SRCSB’s exclusive …
Before Ahmad Khan Rahami planted bombs in New York and New Jersey, he bought bomb-making materials on eBay, linked to jihad-related videos from his public social-media account and was looked into by law enforcement agents, according to the Federal Bureau …
