Monthly Archives: <span>January 2019</span>

Missouri Third-Worst State for Driver Safety Laws, Report Says

A new report ranks Missouri near the bottom of all states for driver safety laws, at a time when distracted driving is happening at a high rate. Advocates for Highway and Auto Safety, a national roadway safety coalition, has released …

PG&E: Judge’s Aggressive Fire Prevention Plan Would Cost $150B

PG&E Corp. estimates it would cost as much as $150 billion this year alone to comply with a federal judge’s proposal to prevent wildfires. California’s largest investor-owned utility said U.S. District Judge William Alsup’s plan for it to trim branches …

Allianz Adds Reyes to Aviation Underwriting Team in Colorado

Allianz Global Corporate & Specialty has named Hugo Reyes a senior underwriter in General Aviation for North America. Reyes is responsible for the underwriting of complex General Aviation risks and broker development and management. Reyes joins Allianz with nearly two …

Delaware Licensed 46 Newly Formed Captive Insurers in 2018

In 2018, Delaware licensed 46 newly formed captive insurers despite a challenging environment, according to Delaware Insurance Commissioner Trinidad Navarro in a press release issued by the Delaware Insurance Department. “Captive insurance formations faced a number of challenges in 2018, …

Amity Insurance Agency Forms Strategic Alliance with New Hampshire Bar Association

Amity Insurance Agency Inc., a Quincy, Mass.-based full service agency, has formed a strategic alliance with the New Hampshire Bar Association. The announcement was made by Roy Solomon, president and owner at Amity Insurance, and George Moore, executive director at …

Washington D.C.’s Ensurise Merges with Maryland’s Reese, Yeatman & Associates

Independent insurance agency Ensurise LLC has merged with the property and casualty insurance brokerage operations of Reese, Yeatman & Associates Inc. Founded more than 40 years ago by Michael G. Reese Sr., Reese Yeatman is in its second generation of …

Court Rules Federal Age Bias Law Protects Only Current Employees, Not Applicants

A divided U.S. appeals court on Wednesday dealt a setback to older job applicants, saying they cannot invoke a federal law against age bias in employment to challenge hiring policies they believe have a discriminatory impact. In an 8-4 decision, …

U.S. Privacy Regulation Tested by Facebook Scandals

Facebook Inc.’s repeated privacy scandals have infuriated users, lawmakers and data-security advocates who are clamoring for a forceful government response. That job mainly falls to Joe Simons, who is under pressure to satisfy doubters or risk sidelining his agency as …

Insurers Advised Political Volatility, Economic Slowdown, Floods Among Top Risks

As insurers track both old and new risks heading into 2019, here’s one that carriers don’t typically consider: The White House. David Wessel, director of The Hutchins Center on Fiscal and Monetary Policy, cited the Trump White House and its …

Anti-Fraud Specialist FRISS Expands into France

FRISS, the provider of fraud and risk solutions for the property/casualty insurance industry, announced the opening of its French office in Paris. At the same time FRISS is expanding their team, led by the country manager Nicolas Kaploun. The expansion …