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

Marsh Names Rahr in Chicago as Global Leader of Multinational Client Service

Insurance broker and risk advisor, Marsh, has appointed David Rahr as global leader, Multinational Client Service. Based in Chicago, he will report to Flavio Piccolomini, president, Marsh International, and Martin South, president, US and Canada. In this role, effective April …

Texas Mutual to Distribute $330M in Policyholder Dividends Two Months Early

Workers’ compensation insurer, Texas Mutual Insurance Co., will distribute $330 million in policyholder dividends to be paid out two months early than scheduled. The company has historically paid dividends in June, and in response to the coronavirus pandemic, saw an …

Aspen Re Names Axis Re’s Kreuzer Senior Managing Director for Americas

Scott Kreuzer has been appointed senior managing director, Americas, at Aspen Re, effective May 4, 2020. Kreuzer joins Aspen Re from Axis Reinsurance where he has served as senior vice president, head of Casualty North America, since August 2018. He …

States Need Data on Medical Workers’ Coronavirus Status

Experts and health officials who are trying to plan a response to the coronavirus outbreak are missing a critical piece of information — the number of health care workers who have tested positive for the disease. Washington state faced the …

Move Over Young Entrepreneurs. Older Innovators Are Just as Successful.

A new study makes the case that entrepreneurship isn’t just for the young, or for men. From Steve Jobs to Mark Zuckerberg, the stories of prosperous, young innovators drive the American economic narrative. However, the truth is that older business …

How U.S. Insurance Industry Deals Fared in February

Financial deals in the U.S. insurance industry dropped off 8% during February 2020 compared with the last 12-month average. According to GlobalData’s deals database, a total of 46 deals worth $3.27 billion were announced in February 2020, compared to the …

Arizona Coronavirus Cases Exceed 2,000 As Deaths Top 50

Arizona now has over 2,000 cases of the new coronavirus and the state’s death toll from the disease has topped 50, state health officials reported Saturday. The Department of Health Services reported 2,019 cases statewide with 52 death as of …

Man Suing over Injuries in Portable Horse Stall in Oregon During High Winds

A man is suing the organizers of a 2018 Bend, Ore. horse show for serious injuries he says he suffered when high winds lifted the portable stall he and his horse were inside and threw them 40 feet. Jeffrey Ruthhardt …

Insurance Veteran Kevin Brooks Passes Away Due to COVID-19 Complications

Insurance industry veteran Kevin P. Brooks passed away on April 3, 2020, due to complications of COVID-19. Brooks had a long and successful career in the insurance industry, focusing on wholesale, specialty and surplus lines. His career began in 1969 …

Passenger Sues United Airlines Over Refusal to Refund Airfare Despite U.S. Order

United Airlines Holdings Inc. was sued by a passenger for refusing to issue refunds for canceled flights, three days after U.S. regulators ordered airlines to reimburse customers. The passenger, Jacob Rudolph, filed the suit in federal court in Chicago on …