June 12, 2020
Nautilus Insurance Group has promoted two senior staff members to the position of executive vice president. Trish Buckhardt, senior vice president, chief operating officer (COO), and chief information officer (CIO), has been promoted to executive vice president while retaining both …
June 12, 2020
U.S. property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses they are neither able nor required to cover. The industry has warned it could cost them $255 billion to $431 …
June 12, 2020
One nearly empty passenger jet “climbed like a rocket,” prompting the pilots to exceed their assigned altitude. Others have scraped their tails on takeoff, gone off course or strayed close enough to other aircraft to prompt mid-air collision alerts. The …
June 12, 2020
The explosion of two tractor-trailers filled with fireworks in eastern Pennsylvania, killing one person and injuring another, is under investigation, officials said Wednesday. The Lehigh County coroner said 50-year-old Brian Ehret of Zionsville in Lower Milford Township was pronounced dead …
June 12, 2020
Safety Insurance has extended its Personal Auto Relief Credit through June 30 to reflect changing consumer patterns and needs during the ongoing COVID-19 pandemic, according to a company press release. The original credit was announced in April and offered all …
June 12, 2020
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) is proposing penalties against BB Frame LLC, operating as Frame Q and as Owner and Principal Juan Quevedo, for exposing workers to multiple safety hazards at four Bergen County, …
June 12, 2020
Aspen Insurance Holdings Ltd. announced it has made some major changes to its management team, including the appointment of a non-executive director, two chief executive officers and a chief underwriting officer. The announcement also covers the appointment of Theresa Froehlich …
June 12, 2020
Global Risk Partners Ltd., the London-based independent insurance intermediary, announced that global private investment firm Searchlight Capital Partners has completed its acquisition of a majority stake in the group, following regulatory approval. Financial details of the deal, which was first …
June 12, 2020
Global insurance companies linked to Adani’s Carmichael coal mine in Australia are distancing themselves from the controversial development, as pressure mounts on financial institutions to cut their ties to the fossil fuel industry. A growing global consensus has seen financial …
June 12, 2020
A new insurance services business, called Astaara Company Ltd. (ACL), has been launched to protect maritime companies from cyber threats Offering risk management, underwriting and analytics, London-based Astaara will work with shipowners and ports operators to decrease their vulnerability to …