Monthly Archives: <span>January 2018</span>

More Cameras on California Mountain Peaks to Boost Fire Protection

San Diego County, Calif. authorities say new high-definition cameras will be installed on mountain peaks to bolster fire protection, and an existing computer network that links fire stations throughout the region will be upgraded. The Union-Tribune reports officials want to …

Number of Securities Class Actions Up But Settlement Values Down

The number of class action lawsuits in the United States accusing companies of fraud and other securities law violations soared in 2017, topping one a day even as the value of settlements plunged, a study released on Monday shows. There …

Integro Adds Rensklev as Principal in California

Integro Insurance Brokers has named Ellen Rensklev a principal in the firm’s national Healthcare practice. She reports to the firm’s San Francisco, Calif. office. Rensklev was formerly chief risk officer of Oregon Health & Science University, where she also held …

SEC Inquires About MetLife’s Missed Pension Payments

MetLife Inc. said on Monday the U.S. Securities and Exchange Commission is looking into the insurer’s failure to pay some workers’ pensions. MetLife, in a statement, said the SEC’s enforcement staff has inquired about payments that the insurer failed to …

Accidental Deaths in Pennsylvania Rose in 2016, Driven By Opioid Overdose

According to National Safety Council (NSC) analysis of federal data, 1,086 more Pennsylvanians died accidentally in 2016, an increase of 15 percent over 2015. Opioid overdose led to 78 percent of those deaths. This comes on the back of NSC …

3 Giants – Berkshire, Amazon, JPMorgan- to Form Joint Employee Health Venture

Amazon, Berkshire Hathaway and JPMorgan Chase & Co. are partnering to create an independent healthcare company for their U.S. employees that will be focused on improving employee satisfaction and reducing costs. The new venture will be “free from profit-making incentives …

Leaked Analysis Paints Gloomy Post-Brexit Picture for UK: BuzzFeed Report

Britain’s economy will be worse off after Brexit whether it leaves the EU with a free trade deal, with single market access, or with no deal at all, according to a government analysis leaked to BuzzFeed News. The “EU Exit …

Sompo International Appoints Marine, Aviation & Energy Leaders in London

Bermuda-based Sompo International announced that Paul Ashworth has joined the company’s London Market Insurance platform as head of Marine Insurance, managing a diverse portfolio, including hull & liability and cargo & specie marine classes. Ashworth has built and managed marine …

Radius Financial Group Launches Massachusetts-Based Insurance Agency

Licensed mortgage lender Radius Financial Group has launched a new company to service clients’ insurance needs. The Norwell, Mass.-headquartered private, full-service insurance agency is called Radius Insurance Group Inc. It will offer commercial and personal insurance, including auto, home, property, …

Paragon in Connecticut Announces Equity Investment from EPIC and Oak Hill

Avon, Conn.-based Paragon Insurance Holdings LLC announced that Edgewood Partners Insurance Center and Oak Hill Capital Partners have taken an equity stake in the firm. Terms of the deal were not disclosed. The investment from EPIC and Oak Hill will …