U.S. Safety Board: No Alert System at Texas Petrochemical Facility Damaged by Fire November 1, 2019 By Juan A. Lozano A company that owns a Houston-area petrochemical storage facility which burned for days in March didn’t have an alert system...
Vaping Safety Debate Between Researchers, Activists Intensifies with Mystery Illness November 1, 2019 By Robert Langreth Portland State University chemistry professor David Peyton had never been attacked with such intensity. Peyton and a group of other...
Hiscox Names Karpp to Head Executive Risks and Cyber Practice in U.S. November 1, 2019 By Andrew G. Simpson Global specialty insurer Hiscox has appointed Doug Karpp as head of Executive Risks and Cyber in the U.S, which includes...
CEO Greenberg Says Chubb Has Been Able to ‘Reshape Portfolio’ in Wildfire Zones November 1, 2019 By Mark Hollmer Some insurers may be facing sizable risks stemming from the latest round of California wildfires now raging, but Chubb Chairman...
Stuczynski Joins SIU’s Workers’ Comp Team in Georgia November 1, 2019 Southern Insurance Underwriters (SIU) has added Patti Stuczynski to its Workers’ Compensation underwriting team. Stuczynksi will be responsible for underwriting...
6K Tons of Rock To Be Used to Stabilize Overturned Ship in Georgia November 1, 2019 Truckloads of rocks are being transported to the Georgia coast to stabilize an overturned cargo ship until it can be...
Bain, Vista Said to Be Weighing Sale of Software Firm Vertafore. Could It Bring $5 Billion? October 31, 2019 By Gillian Tan and Kiel Porter Vista Equity Partners and Bain Capital are in the early stages of weighing a sale of insurance software maker Vertafore...
A.M. Best Says Insurers Challenged by ‘New Normal’ of California Wildfires October 31, 2019 While the number of burned acres in 2019 is still well below the number reported last year through October, experts...
Report: Cannabis Dispensaries May Become ‘Most Profitable’ Specialty Stores October 31, 2019 By Don Jergler Selling insurance to cannabis dispensaries may the business in which to be in the very near future. A new report...
Kentucky-Based Humana to Lay Off More Than 800 Employees October 31, 2019 A health insurance provider says it’s laying off more than 800 people. The Louisville, Kentucky-based Humana announced Monday it’d be...