December 16, 2019
EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has hired Matthew Presutti to its EPIC New York operations as managing principal on the employee benefits team. Presutti will be based in New …
December 16, 2019
Insurers of Philadelphia Energy Solutions (PES) have indicated they will make a second payment of $15 million from its property policy in connection to the June fire and subsequent shutdown of the plant, court documents showed. The payout will be …
December 16, 2019
Rescue teams in the southern Philippines searched for signs of life on Monday in a collapsed shopping center after a powerful earthquake that killed at least three people and wounded dozens more. Disaster response officials said five people were believed …
December 16, 2019
Uber submitted an appeal on Friday against a decision by London’s transport regulator to strip the taxi app of its right to operate in one its most important markets, setting up a potentially lengthy legal process during which it can …
December 16, 2019
When China’s top legislature criticized a Hong Kong court’s rejection of a face mask ban there, some global firms began to fear the potential for mainland interference in commercial contracts, lawyers and finance executives said. Hong Kong’s vaunted rule of …
December 16, 2019
Japan’s financial regulator is considering ordering Japan Post and Japan Post Insurance to suspend sales of insurance policies, the Nikkei Shimbun reported Monday. The Financial Services Agency (FSA) will also seek clarification of responsibility at the Japan Post Group for …
December 16, 2019
J.M. Wilson has added Lindsay Kirby as a property/casualty technician in its Portage, Michigan, office. Kirby will provide support to the property and casualty underwriters. She is responsible for providing technical assistance on policies, endorsements, and serving independent insurance agents. …
December 16, 2019
One the things Kristy Galecka loves about the property/casualty insurance industry is there’s always an opportunity to learn something new. Like many others, Galecka “fell into” the insurance business when a friend who worked at the wholesale broker and managing …
December 16, 2019
Tropical Storm Imelda landed on the Texas Gulf Coast on September 17, 2019. Over the three-day duration of the storm, 43 inches of rain saturated some locations, with nearly 30 inches falling over a 12-hour period. Some areas got hit …
December 16, 2019
The families of six people killed, along with 10 people injured, when a bridge collapsed at a Miami university are set to receive a nearly $103 million settlement. Judge A. Jay Cristol, with U.S. Bankruptcy Court in Miami, approved a …