Monthly Archives: <span>August 2021</span>

People Moves: New Hires at Verisk, LL Global; RT Specialty Promotes Amara

Verisk Names Holzer as Executive VP, Chief Human Resources Officer Verisk, a global data analytics provider, appointed Sunita Holzer as executive vice president and chief human resources officer (CHRO). Bringing three decades of human resources leadership experience across relevant industries, …

Jury Nixes Claims Against Air Rescue Firm in Fatal Accident

A federal jury has rejected negligence and warranty claims against an air rescue company that was sued by the family of a Delaware firefighter who died after falling from a helicopter during a training exercise. The jury ruled Thursday that …

Henri Hurls Rain as System Settles Atop Swamped Northeast

The slow-rolling storm system named Henri was expected to continue drenching the Northeast with rain Monday with a slated turn to the east from upstate New York back through New England. The National Weather Service in Boston said torrential downpours …

‘Hey, Insurance Industry: What About Us?’ Ask Small Businesses as Satisfaction Wanes

Insurance carriers and agents may want to pay more attention to small business insurance customers, especially those with commercial auto and workers’ compensation policies. They’re feeling neglected. According to the J.D. Power 2021 U.S. Small Commercial Insurance Study a lack …

Cyber Attacks Make Working From Home Costly for German Businesses: Report

Working from home during the pandemic cost German companies some 53 billion euros ($62 billion) worth of damages from cyber attacks, according to estimates by the Cologne Institute for Economic Research. Overall damages hit a record 224 billion euros last …

Hub International Agrees to Buy Aviva Canada Unit, National Home Warranty Group

Hub International Ltd., the Chicago-based insurance broker, announced that it has signed a purchase agreement to acquire the assets of National Home Warranty Group Inc., a wholly owned subsidiary of Aviva Canada Inc. Terms of the agreement were not disclosed. …

Call Center Humans vs. Automation: How to Make Inertia Work for Firms and Customers

In the digital age, service center operations, including call centers and help desks, are increasingly important to organizations for interacting with their customers. Companies are looking for ways to manage service centers more efficiently — including routing calls to appropriate …

SEC Eyes Rules for Financial Firms’ Digital Engagement Practices: Reuters

The U.S. Securities and Exchange Commission (SEC) will seek input on whether digital customer engagement innovations used by financial firms should be governed by existing rules or may need new ones, commission chair Gary Gensler told Reuters. While the SEC’s …

New Wildfires Break Out on Greece’s Evia Island

ATHENS, Greece (AP) – Greece’s fire department scrambled firefighting aircraft and ground forces as at least two new blazes broke out in areas already scarred by wildfires this summer, with strong winds complicating efforts to contain them. The first broke …

CVC Capital Completes $700M Purchase of RiverStone Europe from Fairfax

CVC Capital Partners (CVC), the Luxembourg-headquartered private equity firm, announced the completion of its acquisition of RiverStone Europe from Fairfax Financial Holdings Ltd. and OMERS, the pension plan for Ontario’s municipal employees. The purchase price of the acquisition is approximately …