I’m working on my CPCU. Why now?
If you could get a glimpse of my desk, you would think it’s a mess. At least my wife does. It isn’t really. It’s more of marginally organized chaos. I really can find what I want on my desk anytime …
Brazil Dam Disaster Could Delay Settlement for 2015’s Samarco Mine Disaster
Brazil’s deadly tailings dam collapse is likely to complicate a settlement for a similar disaster less than four years ago at the Samarco iron ore mine, owned jointly by Vale SA and BHP Group, investors said on Tuesday [Jan. 29]. …
Lloyd’s Appoints Former U.S. Senator Sununu as Member of Council
Lloyd’s confirmed the appointment of former U.S. Senator John E. Sununu of New Hampshire as a new member of its Council for a three-year term, beginning Feb. 6, 2019. During his tenure in the Senate, Sununu served on the Senate …
China’s Ping An P&C Unveils Credit-Based Smart Auto Insurance Claim Solution
Ping An Property and Casualty Insurance Co. of China has launched a credit-based smart auto claim solution in China, to make it easier for car owners to make claims and encourage good driving habits. The credit-based system will go online …
Octo Telematics to Provide Commercial Fleet Telematics to Mexico Auto Insurer
Octo Telematics, the Rome-based provider of telematics and data analytics solutions for the auto insurance industry, has partnered with Qualitas, Mexico’s largest auto insurer with operations throughout Mexico, Latin America and the United States. Qualitas, which has more than 4 …
UK Parliament Asks Prime Minister to Reopen Brexit Divorce Negotiations
British lawmakers on Tuesday instructed Prime Minister Theresa May to reopen a Brexit treaty with the European Union to replace a controversial Irish border arrangement – and promptly received a flat rejection from Brussels. Two weeks after overwhelmingly rejecting May’s …
Travelers Europe to Form Dublin Insurance Subsidiary Ahead of Brexit
Travelers Europe announced it has been granted a license by the Central Bank of Ireland to form a wholly owned insurance subsidiary in the Republic of Ireland. Based in Dublin, Travelers Insurance Designated Activity Co. (Travelers Insurance DAC) will provide …
Thefts, Scams of Cryptocurrencies Surge 400% to $1.7 Billion in 2018
Cryptocurrencies stolen from exchanges and scammed from investors surged more than 400 percent in 2018 to around $1.7 billion, according to a report from U.S.-based cyber security firm CipherTrace released on Tuesday. Of the $1.7 billion, the report, which looks …
French Insurer Covea Abandons Hostile Takeover of SCOR
SCOR SE slumped the most in more than a decade in Paris trading [on Tuesday, Jan. 28] after rival Covea abandoned efforts to buy the French reinsurer, ending one of the country’s most acrimonious takeover attempts in recent years. Covea …
BTIS announces General Liability for Marine Risks
Rocklin, CA, January 30, 2019 – Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the availability of general liability for Marine Artisans and Small Marine Contractors. “We are excited to engage Starr Marine, a division within Starr …
