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

Marsh Taps Adamantiadis from Oman Insurance as CEO of Middle East & Africa

Marsh announced it has appointed Christos Adamantiadis as CEO of a newly combined Middle East and Africa region. The broker also has appointed Ayman El Hout as country leader for the United Arab Emirates (UAE). Based in Dubai, Adamantiadis will …

4 Reasons Autonomous Vehicles Won’t Control the Roads for Some Time

Monday was the first day of the AAIS Main Event. The focus was about a focus on the future and all of the speakers that we heard talked about the future of insurance. We heard from folks at Insuretech companies …

Barbican Launches Cyber Resilience Product Called ‘One-Step-Ahead’

Barbican Insurance Group announced the launch of a product partnership with two cyber risk management specialists to help insureds assess and improve their cyber resilience. Called Barbican Cyber “One-Step-Ahead” (OSA), the product encompasses three critical areas of cyber resilience: cyber …

China to Raise Foreign Ownership Limit in Financial Services by Year-End

China laid out a clearer timetable on Wednesday for opening its financial sector to more foreign investment by the end of 2018, as Beijing looks to fend off growing criticism from the United States and others that it unfairly limits …

Michael Crowley to Receive City of Hope’s Spirit of Life® Award

Michael “Mike” Crowley to receive award at the National Insurance Industry Council’s Annual Gala; Crowley is retired vice chairman of Markel Corporation. Duarte, CA, April 11, 2018 — The National Insurance Industry Council has selected Michael “Mike” Crowley, vice chairman …

Cyber Risk Score Could Help Insurers Refine Cyber Coverage

The rapidly emerging and evolving world of cyber risk poses a paradox for property/casualty insurers, according to two panelists addressing “Risk Selection in Cyber Insurance” at the Casualty Actuarial Society’s 2018 Ratemaking and Product Management seminar, March 19-21 in Chicago. …

Court Rules Employers Cannot Use Salary History to Justify Gender Wage Gap

A U.S. appeals court on Monday ruled employers cannot use workers’ salary histories to justify gender-based pay disparities, saying that would perpetuate a wage gap that is “an embarrassing reality of our economy.” An 11-judge panel of the San Francisco-based …

MJ Insurance Names Aon’s Zentgraf Director of Analytics in Arizona

MJ Insurance has named Dan Zentgraf director of analytics of the Phoenix, Ariz. office. Zentgraf will oversee the development of the analytics program to help extrapolate and interpret biometric data. Zentgraf previously was assistant vice president and financial manager of …

Dunbar Appointed to Florida Citizens Board of Governors

Attorney Marc Dunbar has been appointed to the Citizens Property Insurance Corporation Board of Governors by Florida Chief Financial Officer Jimmy Patronis, who announced the appointment April 2. A resident of Tallahassee, Dunbar has nearly 20 years of experience working …

National Weather Service: Storms Spawned 8 Tornadoes in Mississippi

The National Weather Service confirms eight tornadoes hit Mississippi last week. Nobody was injured by the twisters, which damaged trees, power lines and some buildings on Friday. Tornadoes were reported in Rankin, Warren, Claiborne, Copiah, Jefferson Davis and Covington counties. …