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Ironshore Names Leahy as President of Professional Liability Unit IronPro

Ironshore has announced that Thomas F. Leahy, Jr. has been named president of IronPro, its professional and management liability division. He will be responsible for overseeing all aspects of marketing, underwriting and distribution of IronPro professional and management liability lines …

Fatal Rhode Island Fire Ruled as Accident

Authorities say a fire in a Newport home that killed a retired teacher and coach has been ruled an accident that started in the kitchen. The Newport Daily News reported Sunday that Deputy State Fire Marshal Kevin Morris says the …

Beazley Makes Two New Underwriting Appointments to Its New York Team

Specialist insurer Beazley has appointed Matthew Westhoff as head of U.S. large commercial property based in New York. Reporting to Beazley’s global head of commercial property, Simon Jackson, Westhoff will manage the U.S.-based team, working alongside the property team in …

Massachusetts Roofing Company Did Not Comply with Safety Settlement

The U.S. Department of Labor has asked the U.S. Court of Appeals for the First Circuit to hold The Roof Kings LLC and its owner, Craig Galligan, in civil contempt for not fulfilling the terms of an order issued by …

Insured Losses from Typhoon Hagibis Estimated at $7B-$11B: RMS

Insured losses stemming from Typhoon Hagibis in Japan are estimated to range between US$$7 billion and $11 billion, according to Newark, Calif.-based catastrophe modeling firm RMS. While last month’s Typhoon Faxai was a wind-driven event, RMS estimates typhoon flooding from …

Catastrophe Insurance Data Firm PERILS Expands Coverage to New Zealand

PERILS, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced it has extended its market coverage to include New Zealand. PERILS is now making available market-wide property sums insured exposed to the perils of earthquake, flood and extratropical …

Australia’s Pro-Coal Prime Minister Signals War on Climate Change Activists

Radical. Extreme. Anarchists: Scott Morrison’s choice of language Friday made it clear how he views some environmental protesters. Now the Australian prime minister is signaling he will legislate to stymie what he says is their threat to commercial decisions and …

Australia Faces More Severe Cyclones, Wildfires, Floods as Climate Warms: IAG

Australia faces the prospect of more severe cyclones, wildfires and floods as the climate warms, the nation’s largest insurer said. A 3 degree Celsius increase in global temperatures will lead to higher intensity cyclones moving further south, longer bush fire …

South Dakota’s Sanford Health to Pay $20M to Settle Kickback Suit

South Dakota-based Sanford Health, one of the nation’s largest health systems, has agreed to pay more than $20 million to resolve kickback allegations stemming from a whistleblower lawsuit filed by two Sanford doctors, the U.S. Department of Justice said. The …

South Dakota Governor Requests Disaster Declaration for Tornadoes, Floods

Gov. Kristi Noem is requesting a presidential disaster declaration for the damage caused by tornadoes and floods that struck southeastern South Dakota in September. Noem made her request in a letter to President Donald Trump. She wrote that storms, tornadoes …

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