December 2, 2019
The Excess Line Association of New York (ELANY) has given Director of Strategic Initiatives Howard W. Greene the additional title of Director of Government Affairs. Greene, an industry veteran of more than 30 years, has been with ELANY since May …
December 2, 2019
The Occupational Safety and Health Administration is imposing additional fines on a roofing contractor in Maine charged in the 2018 death of a worker. The new fines of $278,000 bring the total to more than $2 million in fines against …
December 2, 2019
New Hampshire’s insurance commissioner is stepping down less than two years after his appointment. In a letter to the governor Monday, Commissioner John Elias said deciding to resign on Dec. 31 was a difficult decision, but the best one for …
December 2, 2019
A federal judge said up to 29 million Facebook Inc. users whose personal information was stolen in a September 2018 data breach cannot sue as a group for damages, but can seek better security at the social media company after …
December 2, 2019
Massachusetts on Wednesday adopted the country’s toughest ban on the sale of flavored tobacco and vaping products, including menthol cigarettes, in response to a rise in youth vaping and an outbreak of vaping-related serious lung injuries. Governor Charlie Baker, a …
December 2, 2019
As U.S. corporate jet use approaches pre-financial crisis levels and chief executives take an increasing number of personal trips on the company tab, many investors are being kept in the dark about the true cost of the perk. For the …
December 2, 2019
Arch Capital Group Ltd. announced the completion of its previously disclosed acquisition of Barbican Group Holdings Ltd. (Barbican), including Barbican Managing Agency Ltd., Lloyd’s Syndicate 1955, Castel Underwriting Agencies Ltd. and other associated entities. “We are excited to complete this …
December 2, 2019
Berkshire Hathaway Specialty Insurance (BHSI) announced that it is introducing Commercial Crime Insurance in Asia, a new policy designed to help companies address the exposures of a changing fraud landscape. BHSI’s Commercial Crime Insurance policy offers concise contract language for …
December 2, 2019
European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action on climate-related risks, warning that failure to do so could do more damage than the financial crisis. The case for …
December 2, 2019
Insurance sales in Hong Kong to mainland Chinese customers declined in the third quarter as escalating protests halted visits to the financial hub. Their purchases of insurance and related investment policies declined 18% to HK$9.7 billion ($1.2 billion) from a …