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

Beazley Names Bergler as Head of Broker Relations for Continental Europe

Specialist insurer Beazley has announced the appointment of Andreas Bergler as head of Broker Relations for Continental Europe. At the same time, the company said, Martin Fricke would succeed Bergler as head of treaty in Munich In a newly created …

China’s Xi Maintains Commitment to Open Economy, Insurance Industry

Chinese President Xi Jinping promised on Tuesday to open the country’s economy further and lower import tariffs on products including cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United States. While most …

Wells Fargo Facing Possible Record Fine for Insurance, Mortgage Sales Abuses

The top U.S. watchdog for consumer finance is seeking a record fine against Wells Fargo & Co that could exceed several hundred million dollars for auto insurance and mortgage lending abuses, according to three sources with knowledge of the plans. …

Ethics and Incentives Behind Driverless Car, Insurance, Other Algorithms: Viewpoint

Self-driving cars keep killing people. Just in the past few weeks, one crashed into a highway barrier and another ran over a pedestrian. This will inevitably lead to much hand-wringing about the ethics of the algorithms that drive autonomous vehicles. …

Lawsuit Filed Against Mine Safety Agency Over 2010 West Virginia Mine Blast

A lawsuit filed by a West Virginia miner’s widow says the Mine Safety and Health Administration didn’t do enough to stop the Upper Big Branch Mine disaster. The Charleston Gazette-Mail reports Carolyn Diana Davis filed the lawsuit April 5 that …

Next Insurance to Offer Online Coverage for Handyman Professionals

Next Insurance, a digital insurance company for small businesses, is now the preferred provider of insurance for members of the Association of Certified Handyman Professionals (ACHP), an organization for handyman professionals. Coverage will be offered directly through the ACHP website. …

Judge Dismisses State Farm Car Crash Suit Against Mississippi U.S. Senate Appointee

A lawsuit against U.S. Senate appointee Cindy Hyde-Smith of Mississippi has been permanently dismissed. The Daily Leader reports Mississippi Circuit Judge David Strong dismissed the case with prejudice April 3. That means the lawsuit can be appealed to a higher …

North Carolina Touts Growth of 5-Year-Old Captive Insurance Program

North Carolina’s captive insurance company program, now in its fifth year of operation, has established itself as a leading domicile for captive insurance companies, according to a statement from North Carolina Insurance Commissioner Mike Causey. The North Carolina Captive Insurance …

Siech Succeeds Denton as Beecher Carlson CEO; Davis Named COO

Insurance broker Beecher Carlson Insurance Services has promoted Joseph Siech to chief executive officer and B. Scott Davis to chief operating officer. Siech is responsible for planning and directing the execution of client services and growth initiatives as well as …

California Workers’ Comp Pure Premium Could be Lowered 7th Straight Time

Hailing worker’s compensation reform in California as a “big hit,” the two top people at the Workers’ Compensation Insurance Rating Bureau explained why the WCIRB governing committee on Monday submitted a lower mid-year pure premium rate filing to the California …