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Amity Insurance Agency Forms Strategic Alliance with New Hampshire Bar Association

Amity Insurance Agency Inc., a Quincy, Mass.-based full service agency, has formed a strategic alliance with the New Hampshire Bar Association. The announcement was made by Roy Solomon, president and owner at Amity Insurance, and George Moore, executive director at …

Washington D.C.’s Ensurise Merges with Maryland’s Reese, Yeatman & Associates

Independent insurance agency Ensurise LLC has merged with the property and casualty insurance brokerage operations of Reese, Yeatman & Associates Inc. Founded more than 40 years ago by Michael G. Reese Sr., Reese Yeatman is in its second generation of …

Court Rules Federal Age Bias Law Protects Only Current Employees, Not Applicants

A divided U.S. appeals court on Wednesday dealt a setback to older job applicants, saying they cannot invoke a federal law against age bias in employment to challenge hiring policies they believe have a discriminatory impact. In an 8-4 decision, …

U.S. Privacy Regulation Tested by Facebook Scandals

Facebook Inc.’s repeated privacy scandals have infuriated users, lawmakers and data-security advocates who are clamoring for a forceful government response. That job mainly falls to Joe Simons, who is under pressure to satisfy doubters or risk sidelining his agency as …

Insurers Advised Political Volatility, Economic Slowdown, Floods Among Top Risks

As insurers track both old and new risks heading into 2019, here’s one that carriers don’t typically consider: The White House. David Wessel, director of The Hutchins Center on Fiscal and Monetary Policy, cited the Trump White House and its …

Anti-Fraud Specialist FRISS Expands into France

FRISS, the provider of fraud and risk solutions for the property/casualty insurance industry, announced the opening of its French office in Paris. At the same time FRISS is expanding their team, led by the country manager Nicolas Kaploun. The expansion …

Allianz to Enter Vietnam Insurance Market via Joint Venture with IT Firm FPT Group

Allianz announces its intention to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group – driving long-term success in the market and expanding Allianz’s footprint in Asia. FPT …

IGI Taps Garrity from Swiss Re as CEO in Malaysia to Lead Asia-Pacific Growth

International General Insurance Holdings Ltd. (IGI), the Dubai-based speciality re/insurer, has appointed Nick Garrity as chief executive officer of IGI’s Labuan Branch in Malaysia. Garrity will be based in the Kuala Lumpur office. In his new role, Garrity will help …

Support Grows for Delaying UK’s Exit from EU, as Brexit Deadline Looms

The risk of a no-deal Brexit appears to be receding after calls for a delay to the U.K.’s exit from the European Union won powerful backing in London and other EU capitals. The pound rose. Senior figures in the French …

Hurricane Florence Demonstrates Perils of Being Underinsured/Uninsured, Says RMS

Hurricane Florence caused extensive freshwater flood damage in the Carolinas and parts of Virginia in September—and about 70 percent of those flood losses will be uninsured, according to RMS. “The insured loss for Florence will be between $2.8 billion and …

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