August 14, 2019
Liberty Global Transaction Solutions (GTS) has named Jugdeep Singh as head of Tax, based in London. Singh will manage the Liberty GTS international tax liability insurance team for tax risks related to merger and acquisition transactions, restructurings and other bespoke …
August 14, 2019
A lawsuit filed Monday alleges “negligence in the operation and maintenance of the water systems” caused a Legionnaires’ disease outbreak at a downtown Atlanta hotel that killed one person and potentially sickened dozens. State and county health officials are investigating …
August 14, 2019
Delaware environmental officials are updating residents about actions taken by a chemical plant owner since a gas leak last year temporarily closed the Delaware Memorial Bridge on one of the busiest travel days of the year. Department of Natural Resources …
August 14, 2019
Pennsylvania Insurance Commissioner Jessica Altman and Labor & Industry Secretary Jerry Oleksiak announced agreements with two insurers and the Pennsylvania Compensation Rating Bureau (PCRB) to protect Pennsylvania businesses and lessen the chances of errors in the filing of loss costs, …
August 14, 2019
Britain’s biggest insurer Prudential will complete a planned break-up of the company by the end of the year, with its UK-focused fund and insurance business set to list as M&G Plc. The Asia and U.S.-focused rump of the company will …
August 14, 2019
Concord Specialty Risk has hired Ilan D. Peress as vice president and Reps & Warranty Insurance underwriter, where he will take on a leading role in Concord’s Reps & Warranty Insurance practice. Peress will be based in New York, N.Y. …
August 14, 2019
Cook Maran, a Prime Risk partner, headquartered in Melville, N.Y., recently hired Eric Patterson as a client advisor. He will operate out of the Cook Maran location in Fair Lawn, N.J. Patterson was previously a Professional Employer Consultant at TriNet …
August 14, 2019
Much is being made of a recent call by Florida Insurance Commissioner, David Altmaier, for insurance companies to “redouble efforts to resolve all open claims…” related to Hurricane Michael. Here’s the story in Insurance Journal. He’s right. These claims need …
August 14, 2019
Fidelity Investments’ courtroom battle with the IRS over disallowed tax credits drew to a close on Tuesday when lawyers clashed over whether the mutual fund giant was a bonafide partner in the production of chemically treated coal. U.S. Tax Court …
August 14, 2019
Some global reinsurers have chosen to stop retrenching from catastrophe risks, deciding instead to take advantage of higher premium rates and increase their exposure, according to S&P Global Ratings. Although risk discipline is likely to prevail, global reinsurers’ greater exposure …