Monthly Archives: <span>April 2022</span>

Aircraft Lessors Seeing ‘Horrendous’ Hikes in Insurance Premiums: BOC Aviation

The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes in the cost of renewing policies, the chief executive of major lessor BOC Aviation Ltd. said on Thursday. Over 400 …

Florida insurance market needs strong medicine

If the Florida homeowners’ insurance market were in a medical exam, the diagnosis would find the patient in dangerously poor condition. The patient’s vital signs—its financial results—are troubling. What is more, there are multiple co-morbidities. The welter of symptoms collectively …

People Moves: Tucker Agency in Nashville Brings on Fischer

Nashville’s Tucker Agency, an independent insurance agency, has hired Halsey Fischer as controller and to assist with client management, the agency said in a news release. Fischer, a Nashville native, has been an accountant for more than 14 years, most …

Walgreens Goes to Trial in Florida Lawsuit on Opioids

Most of the defendants in Florida’s lawsuit over the opioid epidemic have settled for more than $870 million, according to the state attorney general. One remains: Walgreens Co. is not giving up. A jury has been seated in Pasco County, …

Two Promoted to Executive Vice President of Programs at Breckenridge Insurance

Atlanta, GA., April 7, 2022 —Breckenridge Insurance recently promoted Cricket Thomas, CRIS and Tim Anders, CPCU to executive vice presidents of programs having demonstrated their respective operational, underwriting, and team leadership capabilities including consistent program growth. In their new roles, …

Storms Kill One in Georgia, Cause Damage Across South

Violent storms killed three people in the South Tuesday, including one in Georgia, as another swarm of tornadoes and hailstorms tore across the region. A woman died Tuesday evening in Pembroke, Georgia, where a suspected tornado ripped part of the …

Power Outages Increase as Extreme Weather Inflicts Toll on Aging Grid, Vulnerable Citizens

Power outages from severe weather have doubled over the past two decades across the U.S., as a warming climate stirs more destructive storms that cripple broad segments of the nation’s aging electrical grid, according to an Associated Press analysis of …

Boy Scouts Abuse Settlement Attacked for Preventing Future Lawsuits

The Boy Scouts of America’s sexual abuse compensation fund should be rejected, a small group of victims say, because the proposal has the same legal flaw that ended a similar plan by bankrupt opioid maker Purdue Pharma LP. The Boy …

EPA Rule Would Ban Asbestos Still in Use

The Environmental Protection Agency on Tuesday proposed a rule to finally ban asbestos, a carcinogen that is still used in some chlorine bleach, brake pads and other products and kills thousands of Americans every year. The proposal marks a major …

People Moves: WTW Names Aon’s Day as Head of Int’l Property; TMK Hires Spyropoulos From Lloyd’s as Asia Regional MD; HDI Global Mexico Makes Management Changes

This edition of International People Moves details appointments at Willis Towers Watson (WTW), Tokio Marine Kiln (TMK), and HDI Global. A summary of these new hires follows here. WTW Names Aon’s Day as Head of Int’l Property Insurance broker WTW …