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

Lockton Benefit Group Names Mascolo Chief Operating Officer

Lockton Benefit Group (LBG) has added Mike Mascolo as chief operating officer (COO). He is based in Kansas City, Missouri. In his new role, Mascolo will focus on coordination and collaboration across the benefits group as well as play an …

Texas Regulators Reveal 2017’s Top Insurance Fraud Cases

Texas Department of Insurance fraud investigations in 2017 resulted in 135 suspects referred for prosecution, 113 indictments, and $2.3 million in court-ordered restitution for victims. TDI described some of the most significant cases resolved last year as: Gainesville, Texas, clinic …

Texas-Based M.D. Jensvold Co. Changes Name to LP Risk

Houston, Texas-based wholesale insurance brokerage, M. D. Jensvold Co. Inc., has changed its name to LP Risk, the firm’s owner, Landon Parnell, announced. This new name reflects the company’s evolving focus, standards of the company and the breadth of products …

California Pulls Stoned Driving Ad Critics Argued Promoted Pot Use

California officials on Friday pulled an ad aimed at discouraging stoned driving after critics said it glorified and promoted marijuana use. The public service announcement was rolled out as California began allowing licensed stores to sell pot to adults on …

Google Faulted for Asking Hires About Prior Pay in Revised Lawsuit

A revised gender-pay lawsuit seeking class-action status against Google faults the search giant for asking new hires about their prior salary, a practice now banned in California. The suit, filed last week, also adds a fourth complainant, a preschool teacher …

London’s Brexit-Related Job Losses May Not Be as High as Initially Feared

British banking, insurance and asset management job losses to the European Union due to Brexit might not be as heavy as initially feared, the City of London financial district said on Monday. Jeremy Browne, the city’s EU envoy, said UK-based …

Chubb Enhances Work Injury Compensation Product in Singapore

Chubb announced it has enhanced to its Chubb Work Guard product, which is work injury compensation cover for Singapore businesses. The enhanced wording will apply to all risks bound from Jan. 1, 2018, unless separately agreed. At the core of …

Four Rhode Island Homes Damaged in Fire

Four multi-family homes have been damaged and six residents and two firefighters injured following in an early morning fire in Providence, R.I. Fire officials say the blaze was reported at around 3 a.m. Saturday in the city’s Olneyville neighborhood. Firefighters …

The MEMIC Group Promotes Torrey to Production Underwriter in Connecticut

To support continued growth within the Connecticut market, workers’ compensation specialist The MEMIC Group has announced the promotion of Ian Torrey to the position of production underwriter. Torrey, a native of Hartford, Conn., joined The MEMIC Group in 2015 as …

New Jersey’s New Day Underwriting Managers Promotes Burrows

New Day Underwriting Managers LLC, a specialty intermediary of environmental and construction-related professional liability insurance coverage based in Hamilton, N.J., has promoted Stacy Burrows to senior accounting and underwriting support analyst. Burrows originally joined New Day five years ago. Prior …