News

Sydney Shrouded in Smoke as Bushfires Continue to Spread in Eastern Australia

Sydney was shrouded by smoke for a second time this week on Thursday as bushfires continued to rage along Australia’s eastern seaboard. Early morning commuters in the city center were faced with an acrid haze that stung the eyes and …

Aon and Other Companies Distance Themselves from Prince Andrew over Epstein Links

The U.K.’s former state phone company is the latest organization to distance itself from Prince Andrew after a prime time television interview threw fuel on the fire of the controversy surrounding his relationship with convicted child sex offender Jeffrey Epstein. …

Wolfgram Named COO at Wisconsin’s Badger Mutual Insurance

Dan Wolfgram has been named chief operating officer of Milwaukee, Wisconsin-based Badger Mutual Insurance Co., effective Dec. 2, 2019. Wolfgram has more than 30 years of experience in the insurance industry. A longtime employee of R&R Insurance Services Inc. in …

The Doctors Co. in California Names Vanderlaan Chief Financial Officer

The Doctors Co. has promoted Marco Vanderlaan to chief financial officer and chief risk officer. Vanderlaan succeeds David Preimesberger, who assumes new roles as senior vice president for strategic planning and chief ethics officer. Vanderlaan has held a variety of …

Watch Out Finance, Business, Tech Workers. Artificial Intelligence Is Coming.

Artificial intelligence is coming for America’s high-paid professions as it creates winners and losers across the labor market like never before. White-collar jobs and better-educated occupations along with production workers are among the most susceptible to AI’s spread into the …

Report on California Workers’ Comp Shows Steady Independent Medical Review Activity

More than 15,400 independent medical reviews a month are issued in California’s worker’s compensation system, according to a new report from the Department of Industrial Relations. The DIR this week issued a progress report on the its independent medical review …

Markel Corp. Chairman Kirshner to Retire Next May; Steven Markel to Succeed Him

Specialty insurer Markel Corp. announced that Alan I. Kirshner, the company’s executive chairman and chairman of the board, will retire as a director and officer of the company in May, 2020. Kirshner has been with Markel for 60 years, serving …

California Commissioner Issues Emergency Notice to Expedite Wildfire Claims

California Insurance Commissioner Ricardo Lara on Wednesday issued an emergency notice to all property/casualty insurers doing business in California requesting they expedite claims handling for wildfire survivors to help them begin the recovery and rebuilding process more quickly. “I have …

Texas Windstorm Insurer’s Actuarial Committee Recommends 5% Rate Hike

When the board of directors of Texas’ property insurer of last resort for wind and hail along the Texas coast meets in December, its members will be considering a 5% rate increase recommended by the organization’s actuarial and underwriting committee. …

AXA XL Launches Risk Innovation Incubator Called ‘Cube’

AXA XL Insurance launched Cube, a risk innovation incubator, a six-week program designed to enable risk managers to work alongside AXA XL risk and innovation experts to develop innovative risk management solutions for their most complex risks. The program comprises …

News Archives by Month