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

Miller Hires RKH’s Denee, Marsh’s Moseley for Its Credit and Political Risks Team

Rosie Denee and Oscar Moseley have joined Miller to further enhance its credit and political risks offering. Both will be based in London with a focus on political risk and structured credit insurance, specifically for financial institutions. Rosie joins Miller …

Insurance Australia Group Plans to Sell Troubled SE Asian Businesses: Sources

Insurance Australia Group is set to sell its four Southeast Asian businesses in deals that could be valued at about $500 million, under a review of its Asian operations, three people with knowledge of the matter said. IAG, Australia’s biggest …

Budde Promoted to Eastern Regions CFO at AssuredPartners

AssuredPartners Inc. has promoted Gerald Budde to Eastern Regions chief financial officer. He is based in Cincinnati, Ohio. Budde will report to newly appointed Eastern Regions President Steve Deal. He started his career with EY and spent 11 years with …

Safeco Appoints Pooley as VP, General Manager of Southeast Region

Safeco Insurance has appointed Debra Pooley as vice president and general manager of the Southeast Region. Pooley replaces Carl Canales who has been named vice president and general manager for the Northeast Region. She is is based in Suwanee, Ga. …

How to Make Implants, Pacemakers and Other Medical Devices Safer

U.S. health officials on Tuesday proposed steps to improve the government’s system for overseeing medical devices, which has been criticized for years for failing to catch problems with risky implants and medical instruments. The plan from the Food and Drug …

Data Breach Victims Get Second Chance Against Barnes & Noble

A federal appeals court revived a lawsuit seeking to hold Barnes & Noble Inc. responsible for customer losses from a 2012 data breach, where fraudsters tampered with payment verification machines known as PIN pads at 63 bookstores in nine U.S. …

Sedgwick Adds 6,000 Claims Specialists with Acquisition of Cunningham Lindsey

Memphis-based global claims services firm Sedgwick has finalized the acquisition of competitor global loss adjusting and claims management firm Cunningham Lindsey and its subsidiaries. Sedgwick purchased its competitor from CVC Capital Partners, a private investor group that has owned a …

Families Seek Compensation After 30 Dogs Die in Michigan Kennel Fire

Some dog owners are seeking compensation after 30 pets were killed during a spring break fire at a western Michigan kennel. Jennifer Nunez tells WOOD-TV that her family is heartbroken over the death of Harley, a Newfoundland that cost more …

Deadlines for Texas Windstorm Insurer Appraisal Demands Extended

The deadlines for a Texas Windstorm Insurance Association (TWIA) claimant to demand appraisal of a claim for damages caused by Hurricane Harvey have been extended, the Texas Department of Insurance reports. An extension of 30 days has been granted for …

Illinois Senate Again Passes Workers’ Comp Reform Measure

The Illinois Senate has approved restrictions on insurance companies writing workers’ compensation policies. The plan that passed 34-21 on April 17 is identical to one Gov. Bruce Rauner vetoed last year. The Republican has complained for years that workers’ compensation …