The Florida Forest Service says more than 100 active wildfires are burning across the state right now. The Tampa Bay Times reports 25 of them are scorching more than 100 acres each. Since February, wildfires have swept across 68,000 acres …
Kimberly-Clark and its spinoff medical technology firm Halyard Health have been hit with $454 million in compensatory and punitive damages, after a federal jury found the companies misled California buyers about the impermeability of their MicroCool surgical gowns. Jurors in …
Having surgery always comes with risks. But a new study suggests a new one to add to the usual list: the risk of becoming a long-term opioid user. About six percent of people who hadn’t been taking opioids before their …
Newport Beach, Calif.-based Alliant Insurance Services has combined its portfolio of specialty insurance practices under one banner forming the Alliant specialty group. The group will be led by Peter Arkley, who is with the construction services group. The new group …
AmTrust Financial saw its stock price plunge nearly 19 percent Tuesday following a Wall Street Journal report alleging a 2014 FBI investigation of its accounting practices. The New York-based insurance company denied knowledge of any investigation and has tried to …
Old Mutual Plc will continue to back its businesses in war-torn South Sudan even after profit plunged last year because the economy shrank and customers scaled back operations. “Though we’re not expanding as fast as we would like to, we …
AXIS Capital Holdings Ltd. announced the appointment of Michael Leahey as vice president and deputy head of Catastrophe Underwriting for Europe, Middle East and North Africa (MENA), and Israel, for AXIS Re. In addition to underwriting property catastrophe reinsurance business …
I recently went back and looked at our survey results to read the comments again. I can’t help but thank you for your honesty and openness in leaving us your comments. As I read through the comments, one jumped off …
The Cybersecurity Requirements for Financial Services Companies (cyber rules) promulgated by the New York Department of Financial Services went into effect on March 1. Now, insurance companies, agencies, brokerages and producers (insurance professionals) doing business in New York, even those …
Custom House Risk Advisors (CHRA), a Westwood, Mass.-based independent risk management consulting affiliate of Starkweather & Shepley Insurance Brokerage Inc., has hired Kathleen Nickerson as vice president, Susan M. Scanlon as a risk management consultant and Janine Stewart as an …
