Monthly Archives: <span>January 2017</span>

Integro Appoints Abraham and Gregory to UK Financial Institutions Group

International broker and risk management firm Integro Insurance Brokers announced the hiring of industry veterans Simon Abraham and Darren Gregory, who join the firm’s growing Financial Institutions group in the London office at 100 Leadenhall Street. The hiring of Abraham …

New Head of Allianz’ PIMCO Takes on $2 Trillion Challenge with Gusto

Walk down a side alley in Munich, beneath apartments with net curtains in the windows, past figures of female superheroes on a cafe storefront, and you come to the unprepossessing headquarters of a $2 trillion asset manager. On the fifth …

Cat Simulations Test London Insurers’ Vulnerabilities to Next ‘Big One’

A major $200 billion loss from a combination of a cyber attack, U.S. hurricane and the failure of a reinsurer could strip insurers of up to 120 percent of their net capital base, tests of insurers in London showed. However, …

Mississippi Estimates More Than $1M in Timber Damaged by Tornado

More than $1 million worth of timber was destroyed by the tornado that hit Lamar, Forrest and Perry counties. The Mississippi Forestry Commission announced the estimate Friday based on aerial damage assessments. The commission says the tornado, which had estimated …

Heroin Overdoses Cause 3 Crashes in North Carolina City in 1 Week

Police say drivers overdosing on heroin have caused three crashes in a city in North Carolina in the past week. Police Capt. Michael Kirk told media outlets that no one was seriously injured in the crashes in High Point, but …

ARC, Topa Insurance Launch Coverage for Post-Hurricane Losses in Florida

Topa Insurance Co. has formed an exclusive partnership with Assured Risk Cover (ARC) to launch StormPeace, an insurance product in Florida designed to protect insureds from economic loss incurred by a named hurricane and is available through a select network …

Alliant Adds Beachem to Lead Continued Expansion in the Southeast

Alliant has tapped Georgia-based Wade Beacham, vice president within the company’s Alliant Americas division, to facilitate Alliant’s continued regional expansion. In addition to his expertise with transactional risks, Beacham has more than 16 years of experience originating and managing client …

IICF to Honor Wells Media Chief, Grant $400K to Nonprofits at Los Angeles Gala

Hundreds of insurance professionals and representatives from local nonprofits will convene on March 16 for the Insurance Industry Charitable Foundation’s annual Horizon Award Gala at the Natural History Museum of Los Angeles. The IICF Western division will announce more than …

Liberty Mutual Names Asher President of Safeco, Succeeding Nickerson

Liberty Mutual Insurance has named Tyler Asher president of Safeco Insurance. During his nearly 18-year career with Safeco, Asher has served in a variety of roles spanning finance, accounting, management reporting and analysis. Asher most recently was Safeco’s vice president, …

Allstate’s ‘Worth Telling’ Campaign Celebrates Black History Month

In celebration of Black History Month, which begins Feb. 1, Allstate Insurance Co. is launching its annual digital, social and radio campaign, “Worth Telling.” “We are celebrating Black History Month by sharing inspirational stories of African-American pioneers who are impacting …