Monthly Archives: <span>April 2020</span>

Lockton Promotes Marrero and Taiym to Key Leadership Posts

Independent insurance brokerage Lockton two key leaders to support the company’s planned growth trajectory. Hiram Marrero, currently executive vice president and regional executive officer with Lockton, will assume the role of president, global growth officer, reporting to Ron Lockton, chairman …

Beazley Expands M&A Insurance Team with 5 New Underwriters, Geographies

Specialist insurer Beazley has expanded its mergers & acquisitions (M&A) team with new locations and the appointment of five new underwriters. This follows several years of continuous growth in underwriting transaction risks, Beazley said in a statement. “We have seen …

$1.4M to Mother of Homeless Man Killed by Police in California

A San Francisco Bay Area city has agreed to pay $1.4 million to the mother of a homeless man killed by police after they found him in a residential neighborhood with a gun in his hand. The April 23 vote …

Recovered from COVID-19, Wary First Responders Back on Job

The new coronavirus doesn’t care about a blue uniform or a shiny badge. Police, firefighters, paramedics and corrections officers are just a 911 call away from contracting COVID-19 and spreading it. With N95 masks hanging off their duty belts and …

Lippa Insurance Services in California Names Sage Vice President

Lippa Insurance Services Inc. in Laguna Niguel, Calif., has named Andrew Sage as vice president of accounting. Sage is a third-generation family member to join the firm. He was previously worked with RJS Insurance Services, and with Sage Risk Management …

California Earthquake Authority Named Administrator of Wildfire Fund

The California Catastrophe Response Council, which oversees the Wildfire Fund, has formally named the California Earthquake Authority the fund’s administrator. The Wildfire Fund was established by the California Legislature, under Assembly Bill 1054 and Assembly Bill 111, and was signed …

Hiscox Action Group Gears Up to Take Hiscox to Court over COVID-19 BI Exclusions

Angry Hiscox policyholders have formed an action group in the UK to fight Hiscox’s pandemic exclusions to its commercial business interruption policies. More than 300 UK policyholders have joined the Hiscox Action Group, which has retained counsel and this week …

Amid Unemployment Surge, Millions of Remote and Essential Workers Plug Away

Garbage haulers still collect trash. Cops are on the beat. Couriers deliver food and packages. Insurance agents work from home. The coronavirus crisis would appear to have put the entire U.S. economy on ice. Twenty-six million people have filed for …

Federal, State Prosecutors Form Delaware COVID-19 Anti-Fraud Coalition

United States Attorney David C. Weiss and Delaware Attorney General Kathleen Jennings have announced the formation of a new Coronavirus (COVID-19) Anti-Fraud Coalition, aimed at better protecting the citizens of Delaware from criminal and civil fraud arising from the pandemic. …

Guy Carpenter Taps Williams from AIG as Global Head of Client Support Services

Guy Carpenter & Co., LLC, the reinsurance brokerage business of Marsh & McLennan Cos., announced that George Williams has been appointed managing director, global head of Client Support Services, effective immediately. In this role, Williams will be responsible for setting …