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

Fitzgerald, Chief of Broking, Exits Aon After 27 Years

Global insurance broker Aon reported that Tom Fitzgerald is leaving the firm after 27 years of service. Fitzgerald most recently served as chief executive of Aon Broking, and before that he led the U.S. Commercial Risk and Health businesses. Aon …

CIA Says China, Russia Pose Biggest Cyber Attack Threats to U.S.

Russia and China pose the biggest espionage and cyber attack threats to the United States and are more aligned than they have been in decades, the leader of the U.S. intelligence community told U.S. senators on Tuesday. While the two …

Insurtech Geared to Autonomous Vehicle Coverage Grabs $5 Million in Funding

A startup focused on rewarding drivers and fleet owners that use autonomous vehicles and semi-autonomous car safety features has raised $5 million in seed funding. California-based Avinew’s technology uses artificial intelligence and telematics to gather driving data that can tell …

Family Wants $20M for Police Shooting of Black Man in California City

The family of a 22-year-old unarmed black man killed by police last year have filed a wrongful death lawsuit seeking more than $20 million from the city of Sacramento and the two officers who opened fire. The federal lawsuit filed …

A Look at PG&E’s Rapid Fall After California Wildfires

On an unusually warm day in northern California, hot and dry winds whipped through the Sierra Nevada foothills northeast of San Francisco. It was Thursday, Nov. 8, and a “red-flag warning” from the National Weather Service was already out, cautioning …

Alliant Names Quinlan Vice President in California

Alliant Insurance Services Inc. has named Emily Quinlan vice president. Quinlan is based in San Francisco, and will provide risk management and insurance solutions to the firm’ West Coast client base. She was previously vice president with Equity Risk Partners. …

Massachusetts Judge Says More Details in Purdue Pharma Case Must Be Released

A Massachusetts judge says more details contained in a lawsuit that accuses the maker of OxyContin of deceiving patients and doctors about the risks of opioids must be made public. Suffolk Superior Court Judge Janet Sanders sided Monday with Massachusetts …

Judge Seeks to End Standoff Over NTSB Access to Crashed Limo in New York

Federal safety inspectors went to court to remove a roadblock in their investigation of a limousine crash that killed 20 people nearly four months ago. Schoharie County Judge George Bartlett heard arguments Tuesday over National Transportation Safety Board access to …

Agency Network Exchange Appoints Melroy as Director of Accounting and Operations

ANE, Agency Network Exchange LLC, has appointed Lisa Melroy of Mount Laurel, N.J., as director of Accounting and Operations to consolidate accounting and finance functions and centralize the company’s business operations. In the last year, ANE added 17 new agencies …

AM Best Removes MAPFRE NY from Under Review with Negative Implications

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to a­- from a for MAPFRE Insurance Company of New York, based …