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

New York Drywall Installer Arrested for Failing to Provide Workers’ Comp Insurance

New York State Inspector General Letizia Tagliafierro has announced the arrest of a capital region area drywall installer who allegedly failed to provide legally required workers’ compensation insurance to his employees. Dennis R. Hammonds, 40, owner and operator of Hammonds …

Boston Insurance Brokerage Appoints Driscoll as CEO

Boston Insurance Brokerage LLC (BIB) has appointed Keith Driscoll as CEO. Driscoll has been a member of the BIB team since 2013, beginning as vice president of the Workers’ Compensation Division before being promoted to executive vice president and chief …

Pacific Resources Benefits Advisors Names Judd as CEO, Vaughan as President

Pacific Resources Benefits Advisors LLC, a Boston, Mass.-based subsidiary of Brown & Brown Insurance and a non-medical employee benefits consulting firm, has announced Chris Judd as the company’s new CEO and Ken Vaughan as the company’s new president, along with …

Travelers Offers Artificial Intelligence for Companies to Assess Worker Safety

The Travelers Companies said it has started using artificial intelligence to offer business customers virtual and onsite ergonomic assessments. Travelers claims to be the first insurance carrier to provide the service. According to the insurer, the new offering combines AI-based …

New Crash Test Dummy Is a 3-Year Old

The National Highway Traffic Safety Administration has a new crash test dummy. Known as the Q3s, the new crash test dummy represents a 3-year-old child and is the first child side impact dummy in federal regulations. Q3 was specifically designed …

Swiss Re Announces Plans to Streamline Structure of Group

Swiss Re announced further streamlining of the legal entity structure of the group. Following the announcement on June 19, 2020 that the Life Capital Business Unit will be disbanded, Swiss Re also intends to reorganize the legal entity structure of …

Formation of More ‘Class of 2020’ Reinsurers Unlikely

The Class of 2020 already has a new member, but it’s not a true startup, the chair of the company said recently. Speaking at the KBW Insurance Conference in early September, Sid Sankaran, chair of Third Point Re, was referring …

What Ever Happened to Hedge Fund Reinsurers?

The latest group of reinsurers to emerge in the Bermuda market is starting to look different. Even the name that once described the cohort has changed in the past five years. And at least one member of the group of …

Alabama City Officials Drop Chemical Contamination Lawsuit

Officials in the northwest Alabama city of Guin have dropped a lawsuit against chemical giant 3M that alleged chemicals from its manufacturing plant had entered a creek that supplies drinking water to the community. The Guin Water works & Sewer …

Lockton Names Huston Senior Vice President in Washington

Lockton Cos. has named Danielle Huston a senior vice president. Huston will support the growth of Lockton’s Washington office and oversee the introduction of benefits consulting services to the local market. She was previously with Propel Insurance. Lockton is an …