National News

Marsh’s Parks Joins The Hartford’s Specialty Commercial Sales Unit

After 30 years at brokerage Marsh, George Parks is joining The Hartford to become head of sales and field operations for national accounts in the insurer’s Specialty Commercial business. Parks will oversee national accounts client management and retention, new client …

Judge Says FEMA Can End Motel Payments for Hurricane Maria Evacuees

A federal judge on Thursday rejected a request to block the U.S. government from cutting off aid to hundreds of Puerto Rican families who fled the hurricane-ravaged island in 2017 and are living in hotels and motels across the United …

QBE North America Names Kearns to New Distribution, Engagement Post

Specialty insurer QBE North America has appointed Dennis Kearns as head of Distribution and Major Trading Partner Engagement, a newly expanded role with the organization. Based in New York City, Kearns will work closely with QBE’s regional executives and be …

TransRe Buys Certain Renewal Rights from Maiden Re; Talks to Sell Maiden Re Advance

TransRe has acquired the exclusive renewal quotation rights to all of Maiden Reinsurance North America’s U.S. treaty customers from their diversified business. TransRe has also hired the U.S. treaty team from Maiden Re. TransRe said it will immediately offer renewal …

Ridesharing Workers of Gig Economy: What Census Numbers Show

How big is the gig economy? The answer depends on how one defines “gig economy.” Because there is no broadly accepted definition and no straightforward way to classify workers or jobs as “gig” or “not gig,” this report will focus …

Nuclear Defense Facility Safety Board Raises Concerns Over Change in Policy

An independent safety panel that provides oversight of some of the nation’s highest risk nuclear facilities voiced concerns Tuesday that new federal policies could limit inspections and curtail access to key information. The Defense Nuclear Facilities Safety Board peppered Energy …

Santander Bank Settles Auto Finance, Insurance Claims

A unit of European lender Banco Santander SA has agreed to settle claims by a U.S. consumer watchdog that it misled drivers about the costs of loans and the coverage of related insurance policies, said three people with direct knowledge …

Some Question Independence of Proposed Catholic Laity-Led Sex Abuse Investigations

A committee created by the Catholic Church specifically to prevent sexual misconduct by clergy on Tuesday issued a damning assessment of the failings to stem the abuse, calling it an “evil” caused by “a loss of moral leadership.” The National …

Online Insurer CM Select Targets Small Churches, Religious Organizations

Church Mutual Insurance Co. has launched CM Select Insurance Co. – an online insurer offering access to an insurance product specifically for smaller churches and other religious organizations. These organizations can obtain quotes, purchase policies and manage their insurance needs …

Insurers Looking to Continue Hiring in Very Competitive Labor Market

Insurance companies are hoping to hire additional employees over the rest of 2018 in a labor market that remains extremely competitive, according to a study from The Jacobson Group and Aon’s Ward Group. About 63 percent of companies said they …

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