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

London Market’s Placing Platform Comes of Age, by Closing Complex Treaty Facility

The London market’s electronic placing platform was used to close the Aon Client Treaty facility for 2018, marking a milestone in the platform’s evolution. This is probably the largest and most complex transaction in the Lloyd’s market, said the board …

General Liability Underwriters to Play Vital Role in Drone Insurance: IUA Report

Traditional aviation insurance policies are unlikely to address all elements of emerging risks from the rapidly increasing use of drones, according to a report from the International Underwriting Association (IUA). As a result, general liability underwriters will have an important …

Reata Holdings, Inc. Welcomes Sara Foss to Sales & Marketing Team

Laguna Nigel, CA, January 30, 2018- Reata Holdings, Inc. of Laguna Niguel, Ca. is proud to welcome Sara Foss to its sales and marketing team. Ms. Foss will serve as Account Executive for both Reata Holdings companies: Cypress Premium Funding …

China Seeks to Broker Sale of a Stake in Anbang Insurance: Sources

China’s government, which has been probing alleged financial wrongdoing at Anbang Insurance Group Co., is seeking to broker the sale of a stake in the insurer, people with knowledge of the matter said. Central Huijin Investment Ltd., a unit of …

No, Thank You, I Don’t Want to Insure My Pizza: Viewpoint

If you’re like me, you’ve spent a lot of quality time this past month on the couch, endlessly watching football games and losing the remote with every first down. So you ended up seeing a lot of ads with the …

Mississippi to Offer Free Vehicle Inspections of Hurricane-Damaged Vehicles

The Mississippi Insurance Department (MID) and the Mississippi Collision Repair Association are partnering on an initiative designed to protect residents from buying cars damaged by Hurricanes Harvey and Irma. Following the two storms, officials say thousands of flood-damaged vehicles have …

Georgia Climatologist Says 2017 Was State’s Warmest Year Ever

A new report shows that 2017 was the warmest year on record for Georgia. The annual average statewide temperature for 2017 was tied with 2016 for the warmest on record with 65.8 degrees (18.8 Celsius) as the average mean temperature, …

Starr Companies Launch Enviro-Wrap Product for Construction Risks in Canada

Starr Companies has launched its new product, Enviro-Wrap insurance, in Canada. The coverage provides wrap-up liability and contractor’s pollution liability for construction project specific placements, covering either the owner or the contractor. The modular occurrence-based policy is designed to eliminate …

Alfa Insurance of Alabama Announces Retirement of EVP Rutledge

Alabama-based Alfa Insurance’s Executive Vice President of Operations Steve Rutledge will retire Feb. 1 after 33 years of service with the company. Rutledge began his career with Alfa in 1984 as a securities analyst following four years with Ernst & …

Share Your Story: Sexual Harassment and the Workplace

From Hollywood to the corporate world, sexual harassment — the making of unwanted sexual advances or obscene remarks — is drawing greater public scrutiny than ever before. Victims (mostly women) and their supporters have taken on the cause, publicizing the …