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

Randall & Quilter Signs Program Underwriting Partnerships with 3 European MGAs

Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary R&Q Insurance (Malta) Ltd. has signed three new program underwriting partnerships – or fronting arrangements – with European managing general agents. They are: Futura, a Spanish MGA …

Italy Bridge Operator’s Shares Drop After Disaster; Supply Chain Impact Expected

Italy’s biggest toll-road operator came under heavy stock-market attack on Thursday after Rome criticized it for a deadly bridge collapse this week, moving to revoke its concession and accusing it of failing to ensure the viaduct’s safety. An 80-meter-long section …

Brexit Effect: Number of EU Nationals Working in UK Plunges During Q2

Further evidence that Brexit is deterring European Union workers emerged in figures published Tuesday [Aug. 14]. The number of EU nationals working in the U.K. in the three months through June plunged by 86,000 from a year earlier to 2.28 …

Australia’s QBE Reports 4% Rise in H1 Profit – on Fewer Natural Disasters

Australia’s QBE Insurance Group Ltd. posted a better-than-expected 4 percent rise in first-half profit, helped by fewer natural disasters in its biggest markets, sending its shares up almost 9 percent to their highest since November. The strong result draws a …

Amazon Weighs Formation of UK Insurance Comparison Website: Reuters

Amazon.com Inc is sounding out some of Europe’s top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region’s …

Mississippi Supreme Court Allows Privacy Suit Against Google to Move Forward

Mississippi’s Supreme Court says a state lawsuit against Google alleging violations of student privacy should stay in a northeast Mississippi court. The court voted 6-2 Aug. 9 to deny an appeal by the unit of California-based Alphabet Inc. Google wanted …

South Carolina City Settles Suit Over High-Speed Chase Death for $1M

An upstate South Carolina city will pay $1 million to settle a lawsuit involving a bystander who died when hit by a wrong-way driver pursued by police. The Greenville News reports a municipal insurance fund will pay $750,000 to an …

Worldwide Facilities Hires Carlson as VP, Healthcare, in Chicago

Worldwide Facilities, a national wholesale insurance brokerage and managing general agent, has appointed Joe Carlson as vice president, Healthcare at its Chicago office. Prior to taking on this role, Carlson served as the director of Healthcare and Non-Profit Risk for …

Questpro Adds Keck, Jones and Haaker in Dallas

Dallas-based insurance and risk management staffing agency, Questpro, has added several team members. Jason Keck has been hired as director, life insurance recruiting. Keck focuses on developing long term relationships with life/annuity insurance and life/annuity reinsurance companies. In this role …

Crumbaker Opens Brightway Agency in Carlsbad, California

Veteran insurance executive and now Brightway insurance agency owner, Brian Crumbaker, has opened Brightway, The Crumbaker Agency in Carlsbad, California. While the brand is still new to California, Crumbaker’s Agency is the company’s fourth agency in the Golden State. Crumbaker …