Speculations on Risk
If you look at news in any way, you understand that the world is risky. Take a look at these stories in Insurance Journal. Worker in New Jersey Seriously Injured When Ditch Collapses Around Him Two Women Killed After New …
Update: U.K.-Based Foreign Exchange Firm, Travelex, Crippled by Ransomware Attack
Staff at foreign exchange firm Travelex are using pen and paper to serve thousands of customers after the company said cyber hackers were holding its systems to ransom, leading to a global blackout on its online currency exchange services. The …
Starr Insurance Names Swiss Re’s O’Ryan as Canadian Manager, General Aviation
Starr Insurance Cos. has appointed Paul O’Ryan as Canadian territory manager, general aviation, effective Jan. 6. O’Ryan joins Starr from Swiss Re where he was head of General Aviation Americas in Toronto for more than 11 years, according to his …
British Regulator Warns Insurance Industry to Stamp Out Bad Behavior – or Else
Britain’s markets watchdog has told the bosses of commercial insurance companies to stamp out bad behavior in the industry and improve diversity, or risk losing their jobs. The warning follows last year’s admission by Lloyd’s of London of sexual harassment …
Insurance Industry Calls for Action to Mitigate Climate Risk as Australia Bushfires Widen
As the devastation from Australia’s bushfires widens, the insurance industry is calling for concerted action to mitigate the impact of climate change. Months of out-of-control fires have burnt an area more than five times the size of Wales and industry-wide …
Pinnacle Actuarial Resources Names Mosler Principal, Consulting Actuary
Actuarial consulting firm Pinnacle Actuarial Resources, Inc. has named Tim Mosler a principal and consulting actuary. He will continue to be based in the firm’s Atlanta office. Mosler joined Pinnacle in 2014 and has been in the property/casualty insurance industry …
3 Boats Capsize During Catfishing Tournament in Alabama
Three boats capsized and sank Saturday during a catfishing tournament on a north Alabama lake, but no injuries were reported, authorities said. The boats were participating in the annual Winter Blues on Wheeler tournament on Lake Wheeler. They capsized shortly …
Trump Administration Seeks to Limit ‘Overreach’ of Regulation of Artificial Intelligence
The White House on Tuesday proposed regulatory principles to govern the development and use of artificial intelligence (AI) aimed at limiting authorities’ “overreach,” and said it wants European officials to likewise avoid aggressive approaches. In a fact sheet, the White …
Rehabilitation of Florida Insurer Windhaven Deemed ‘Useless’; Judge Orders Liquidation
Plans to rehabilitate Florida auto insurer Windhaven Insurance Co. have been deemed “useless” and the company will instead be liquidated. In a Jan. 6 order, Leon County Court Judge Ronald W. Flury said the Florida Department of Financial Services, which …
Distinguished Programs Names Zeni Northern California Regional Sales Executive
Distinguished Programs has hired Paul R. Zeni as its new Northern California regional sales executive. Zeni has roughly 35 years of insurance industry experience. Zeni will represent Distinguished Programs insurance products across all industry service sectors. Prior to his work …
