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

$50M Proposed Settlement Reached in Washington Landslide Lawsuit

The attorneys representing the plaintiffs in a lawsuit against the state of Washington over a deadly 2014 landslide have announced a proposed $50 million settlement on the eve of a trial. The Seattle Times reported the tentative pact was reached …

Islamic Woman Fired from Oregon Nonprofit Sues for $1M

A woman of Islamic faith has filed a $1 million lawsuit against a Portland nonprofit, alleging she was fired because of her religion, national origin and disability of asthma. The lawsuit filed last week by Sharmin Rahman contends she was …

Metlife Plans to Expand Its European Hub in Dublin: Source

MetLife Inc., the U.S. insurer, is close to finalizing a decision to expand its operations in Ireland, according to a person familiar with the matter. New York-based MetLife may announce its plan to grow its Irish presence within the next …

EPIC Adds Newton to Auto Dealer Specialty Program in California

EPIC Insurance Brokers and Consultants has named Gerrad Newton a producer within its auto dealer specialty program team in Sacramento, Calif. Newton will be focused on workers’ compensation and garage liability for auto and motorcycle dealers across California. He will …

Heffernan in California Names Taylor Assistant Vice President

Walnut Creek, Calif.-based Heffernan Insurance Brokers has named James Taylor assistant vice president in Heffernan’s benefits advisory services department. Taylor joined Heffernan in 2014 as an account executive after having worked at Liberty Mutual Insurance and ADP. Heffernan has offices …

New Jersey Based Hamilton USA Hires Garceau as Chief Operating Officer

Hamilton USA, the Princeton, N.J., based U.S. insurance arm of Hamilton Insurance Group, a Bermuda-based holding company for property and casualty insurance and reinsurance operations in Bermuda, the U.S. and at Lloyd’s, has appointed Michael Garceau to chief operating officer. …

International Shipping Lanes Could Be at Risk from Escalating Yemen Conflict

Missile attacks from Yemen on Western military craft risk spilling over into nearby busy sea lanes which could disrupt oil supplies and also other vital goods passing through the tense area, shipping and insurance sources say. While shipping companies have …

Catalina Completes Acquisition of Allianz Unit, AGF Insurance, in UK

Catalina Holdings (Bermuda) Ltd.* announced that its wholly owned subsidiary, Catalina Holdings UK Ltd., has completed its acquisition of AGF Insurance Ltd. from a subsidiary of Allianz SE, following approval from the Prudential Regulation Authority, the UK insurance regulator. AGF …

Immigration Rhetoric Threatens UK’s Status as Financial Center: Lloyd’s Chairman

Lloyd’s of London Chairman John Nelson said the government’s rhetoric on immigration threatens to hurt the U.K.’s status as a global center for finance. “We need to make sure we keep the U.K. very open in terms of inward investment, …

Olsen Tapped as President, HUB Canada; Robertson as Exec VP, Int’l Business

Hub International Ltd. (HUB), the Chicago-based global insurance brokerage, has named Tina Osen as president of HUB Canada. She currently is president of HUB TOS in British Columbia, Canada. In addition, Chad Robertson, currently regional president, Canada West, has been …