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

Magnitude 5.5 Earthquake Confirmed in Remote Corner of Nevada

A magnitude 5.5 earthquake struck a remote corner of Nevada early Friday, shaking the desert and a nearby town, the U.S. Geological Survey confirmed. The quake struck at 1:13 a.m. and was centered about 21 miles southeast of Mina, a …

Flexible Work Could Boost Applications from Women for Senior Roles by 20%: Zurich

Employers that embrace flexible working after the COVID-19 pandemic could boost applications from women for top jobs by as much as 20%, according to a study by Zurich Insurance. Between March 2019 and February this year, Zurich’s UK subsidiary gained …

Two Dead, One Missing in Blast at Veterans Hospital Outbuilding in Connecticut

An apparent steam explosion in a maintenance building at a Veterans Affairs hospital in Connecticut killed two people Friday, and a third person is missing, officials said. “We received a report this morning that an explosion occurred at the West …

Kaufman Dolowich & Voluck Hires Mancebo as a Partner in New York City

Kaufman Dolowich & Voluck LLP (KDV), a national law firm serving the business and insurance communities and headquartered in Woodbury, N.Y., has hired John Mancebo as a partner in its New York City office. Mancebo, who was previously chair of …

Connecticut’s TigerRisk Partners Appoints O’Keefe as Head of Strategy

TigerRisk Partners has appointed Bill O’Keefe as its head of Strategy. In this new role, O’Keefe will identify growth initiatives, advise the company’s leadership and consult with clients to drive results. O’Keefe comes to TigerRisk from McKinsey & Company, where …

Is the Aviation Insurance Market Ready for a COVID-19 Vaccine?

As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need to turn its attention to how the product can be safely and efficiently distributed. Recent figures from the International Air …

Swiss Re Names Kitsikis as Head of Client Markets P&C for Canada, English Caribbean

Swiss Re announced the appointment of Agis Kitsikis as head of Client Markets P&C for Canada and English Caribbean, effective immediately. Kitsikis succeeds Stefan Behr, who recently accepted the position as Swiss Re’s head of Business Development for EMEA. In …

Ten Largest Insurance Markets Likely to See 4.5% Drop in GDP During 2020

The world’s 10 largest insurance markets are cumulatively expected to see their gross domestic product (GDP) decrease by 4.5% in 2020 compared to 2019 because of COVID-19, according to a new Insurance Information Institute (Triple-I) report. “All things being equal, …

Most Powerful Atlantic Hurricane of 2020 Hits Central America

Hurricane Iota slammed into Central America late Monday with ferocious winds and rain, threatening to cripple a region already reeling from a deadly storm two weeks ago. Iota, the most powerful Atlantic hurricane in a record-setting season, is moving along …

Canada’s Banks, Insurers to Participate in Pilot Climate Risk Project

Some of Canada’s largest banks and insurers are set to participate in a pilot project to better understand the risks to the financial system from the transition to a low-carbon economy, Canada’s central bank and financial regulator said on Monday. …