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

London Market Group Launches Team to Manage Market Services Modernization

The London Market Group (LMG) announced the launch of London Insurance Market Operations & Strategic Sourcing (LIMOSS) led by Patrick Molineux as managing director. LIMOSS has been established to source and manage the portfolio of market services which the London …

Allianz Partners with Drivy in UK to Provide Insurance for Car Sharing Platform

Allianz Insurance has partnered with Drivy (UK) to provide insurance for users of its car sharing platform. Drivy, a car sharing operator, links drivers, who need a car on a short-term basis, with vehicle owners who want to generate extra …

Marsh Names Lay as CEO, UK & Ireland; Robson as President & CEO, Marsh Canada

Marsh announced that Chris Lay will be named CEO of its UK & Ireland region, reporting to Flavio Piccolomini, president of Marsh International, and he will be appointed CEO of Marsh Ltd., all subject to regulatory approval. Marsh also announced …

Texas County to Urge Flood Insurance Purchase via Billboards

Houston-area officials are planning a campaign to put up two dozen billboards encouraging residents to buy flood insurance after Hurricane Harvey. The Harris County Flood Control District estimates more than 80 percent of the county’s 1.4 million buildings lacked flood …

Missouri’s Nelson Honored with National Insurance Regulator Award

Angela Nelson, director of the Division of Market Regulation and Chief Industry Liaison at the Missouri Department of Insurance has been selected as the 2018 recipient of the Paul DeAngelo Memorial Teaching Award given by the Insurance Regulatory Examiners Society …

A.M. Best Upgrades Credit Rating of North Dakota’s Hartland Mutual Insurance

A.M. Best has upgraded the Long-Term Issuer Credit Rating to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of Hartland Mutual Insurance Co. (Hartland Mutual), based in Minot, North Dakota. The outlook of these credit ratings …

Wells Fargo’s Brogan Named Central Region Exec for QBE North America

QBE North America has hired Kevin Brogan as regional executive – Central Region, accountable for the region’s profitable growth across QBE’s specialized insurance business portfolio, as well as the development of all agent and broker relationships in the region. He …

Houston-Area Officials Say They Didn’t Know About Reservoir Flood Risks Pre-Harvey

Houston-area officials said during a congressional hearing that they weren’t aware of forecasts by federal authorities regarding flooding risks from local reservoirs that ended up inundating thousands of homes during Hurricane Harvey. However, the U.S. Army Corps of Engineers said …

Western Growers Adds Barry and Hansen in California

Western Growers Insurance Services has added Paul Barry and Kris Hansen in California. Barry joins the insurance services team as a sales executive, bringing more than 10 years of sales experience. Barry will focus on expanding Western Growers’ client base …

USA Gymnastics Sues Insurance Carriers Over Nassar Lawsuit Costs

Indianapolis-based USA Gymnastics is suing its insurance carriers, alleging that they haven’t fully reimbursed it for defense costs incurred in lawsuits filed by victims of disgraced former sports doctor Larry Nassar. The Indiana-based governing body for gymnastics filed its lawsuit …