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

Allstate Sues Former Agent Over EA Agreement in Mass. Federal Court

Allstate is suing one of its former agents in United States District Court for the District of Massachusetts, alleging the agent breached a one-year non-compete clause by misusing Allstate’s confidential information and trade secrets. Defendant Abner Joseph executed an exclusive …

Text and Crossing a Street in Honolulu Can Bring a Fine

Of all the beautiful scenery to see in Honolulu, officials want to make sure residents and tourists get a good look at the street. Honolulu became the largest city in the U.S. to make it illegal for people to look …

GM Settles Alleged Defects Concealment Suit with California County

General Motors has agreed to a $13.9 million settlement with Orange County, Calif., after prosecutors accused the auto giant of concealing serious safety defects to avoid costly recalls and part replacements. The lawsuit, filed in 2014, accused GM of deceptive …

Winans Joins Kimball Hughes PR

Chris Winans has joined Kimball Hughes Public Relations as a consultant. Winans most recently led Hill+Knowlton Strategies’ U.S. financial services communications practice. He has more than 30 years of experience as a journalist, a Wall Street financial analyst, a corporate …

AIG Renames Tech-Focused Commercial Insurance Unit Blackboard

American International Group’s technology-focused subsidiary formerly known as Hamilton USA has a new name, Blackboard. Hamilton USA was part of Hamilton Insurance Group. AIG announced plans to buy the unit in May when its chief executive officer, Brian Duperreault, left …

Why States Should Drop Insurance Anti-Rebating Laws: Viewpoint

For the commercial property and casualty, and employee benefits segments of the insurance industry, anti-rebating laws are both nonsense and anti-consumer. Competition is intended to protect competitiveness in the marketplace, not to protect competitors. Producers need to be able to …

Singapore Looks to Create Thousands of Finance, Insurance Jobs

Singapore wants to bolster its status as a wealth management and foreign-exchange center as part of plans to create more financial-sector jobs and mitigate the effect of rapid changes in technology. In a plan unveiled Monday, the Monetary Authority of …

Severe Weather Sweeps Through Northeast, 300,000 Without Power

Severe weather pounded the Northeast region with powerful winds and drenching rains early Monday, leaving nearly 300,000 without power. Southern New England appeared to suffer the brunt of the storm damage overnight. Eversource reported more than 155,000 Connecticut customers were …

QBE North America Hires Keeping as NYC-Based Eastern Regional Executive

QBE North America, an operating division of QBE Group, has hired Matt Keeping as a regional executive in the Eastern region. In this role, Keeping will lead QBE’s go-to-market activities as an integrated specialist insurer in the 20-state region. Based …

Key Metrics of New York Workers’ Comp System Tracked in New WCRI Study

The Workers Compensation Research Institute (WCRI) released a new tool for policymakers and system stakeholders to track the performance of the New York workers’ compensation system. “Originally established to monitor the system following reforms in 2007, the report has evolved …