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

Aviva Weighs Options for Asian Business Including Possible Sale

Aviva Plc is considering options for its Asian business including a possible divestment of the unit as its new chief executive officer seeks to overhaul the British insurer, people familiar with the matter said. The Asian assets could be valued …

Sun Valley Climate Conference’s Broad Agenda: Wildfires, Military, Insurance, Resilience

Washington had a record 1,850 responses to wildfires on Department of Natural Resources lands last year. Over the last five years, wildfires have continued to hit the state hard. One state official, who believes climate change is partly to blame, …

Official: Harris County Sues Exxon Over Air Pollution from Petrochemical Fire

Exxon Mobil Corp. was hit with a lawsuit on Thursday over pollution from a fire at the company’s Baytown Olefins Plant, according to an attorney for Harris County, Texas, which filed the suit. The fire was being investigated by federal …

Chubb Promotes Ortega to President, Overseas, as Andrade Moves to Top Everest Role

Chubb Ltd. has appointed Juan Luis Ortega as executive vice president, Chubb Group, and president, Overseas General Insurance. He succeeds Juan Andrade, who is leaving Chubb to take the role of president and chief executive officer of Everest Re. Everest …

Michigan Manufacturer Ordered Shut Down Amid Health Concerns

A judge has ordered a Michigan manufacturer to cease operations amid concerns among health officials about a June dumpster fire and the release of chemical clouds. The Daily News of Greenville reports an Ionia County judge signed a temporary restraining …

2 Workers Die in Separate Falls from South Carolina Roofs in Span of 3 Days

A 47-year-old worker has died after falling four stories from the roof of a retirement village under construction in South Carolina. The Greenville County Coroner’s Office said Vicente Lopez of Spartanburg was declared dead at the scene of the fall …

Fourth Death in Eight Months at Texas Hospital Blamed on Faulty Care

Officials have reported another patient death in a Houston medical complex, the fourth such death in the last eight months due to apparent deficiencies in care. The Houston Chronicle reports the patient died at Ben Taub Hospital July 16 nearly …

Health Insurers Seek Average 2% Rate Hike for Arkansas Exchange

Arkansas officials say the four companies providing coverage through the state’s insurance exchange under the federal health care overhaul law are seeking an average rate increase of about 2% for next year. Insurance Commissioner Allen Kerr said all four insurers …

Pin Oak Agency in Illinois Joins Valley Insurance Agency Alliance

Maryville, Illinois-based Pin Oak Agency has joined Valley Insurance Agency Alliance (VIAA), a cohesive family of over 120 independent insurance agencies in Missouri and Illinois. Pin Oak Agency was created by owner Andrew Calloway, who has more than 15 years …

Nebraska Insurer, Ameritas: Data Breach Possibly Exposed Customers’ Info

Lincoln, Nebraska-based insurance and finance company Ameritas has notified customers that their personal information may have been exposed in a data breach. The Lincoln Journal Star reports that the company said in a letter dated July 23 that several of …