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U.S. Senate Committee Holding Hearing on Massachusetts Natural Gas Incident

U.S. senators are holding a hearing in Lawrence, Mass., to review the response to the September natural gas explosions that rocked Merrimack Valley communities. The Senate Committee on Commerce, Science, and Transportation will hold its oversight hearing at the South …

One Man Killed, Another Injured in North Georgia Plane Crash

A plane crash in north Georgia left one man dead and another injured. Gainesville police say 68-year-old Robert Carlisle Alberhasky of Cumming, who was believed to have been the pilot of the small plane, was killed in the Saturday night …

A.M. Best Discusses What’s Ahead for UK Insurers as Brexit Deadline Looms

When the UK withdraws from the EU, and at the end of any transition period, passporting rights that currently exist between the UK and countries in the European Economic Area (EEA) are expected to cease, said A.M. Best in a …

Aon Taps Jones from Guy Carpenter as Exec. Chairman, Asia Reinsurance Solutions

Aon plc has appointed Richard Jones as executive chairman of its Reinsurance Solutions business in Asia. Jones will be responsible for business development and supporting clients across the Asia region. Based in Singapore, Jones will join Aon in May 2019 …

UK Companies Prepare for Disorderly Brexit and Supply Chain Disruptions

British companies selling everything from washing machines to flights, food and mortgages plan to spend tens of millions of pounds in case the political brinkmanship gripping the country leads to a disorderly Brexit. With barely four months until the world’s …

JLT Re’s Chairman Howard Named Vice Chairman of Guy Carpenter

Guy Carpenter & Co., the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Cos. (MMC), announced a new leadership appointment from Jardine Lloyd Thompson Group plc (JLT). Effective upon closing of the transaction between …

Healthier Workplaces Help to Reduce Group Insurance Costs: Canada’s Manulife

When Canadians hit the gym, they’re not the only ones who benefit. Their insurers stand to gain as well. “If we can have a healthier workplace it is going to decrease disability costs, it’s going to decrease general health costs …

A.M. Best Upgrades Credit Ratings of Kansas’ Upland Mutual Insurance

A.M. Best has upgraded the Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb” from “bbb-” of Upland Mutual Insurance Inc. in Junction City, Kansas. The outlooks of these …

Judge Picks First Case for Trial in Federal Monsanto Weedkiller Litigation

A U.S. judge overseeing the federal litigation against Bayer AG’s Monsanto unit over glyphosate-based weed-killers allegedly causing cancer on Tuesday selected the first case to be tried in federal court in February 2019. U.S. District Judge Vince Chaabria in San …

Beach Town Developers Now Believe in Stronger Building Codes, Construction

Developer Jeff Lamkin knew the risks when he paid $250 million for 63 acres of an island off the Texas coast. But he saw only upside in the quaint little beach town of Port Aransas. Over the next 10 years …

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