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Chubb Appoints Konz as EVP, Reinsurance Officer, Overseas General Insurance

Chubb has named Jeremiah Konz as executive vice president, reinsurance officer for Chubb Overseas General Insurance, the company’s international general insurance business in over 50 countries and territories. Konz is currently senior vice president, Ceded Reinsurance for Chubb’s North American …

Judge Declares Mistrial in California J&J Talcum Cancer Case

Johnson & Johnson’s latest trial over claims that its baby powder causes cancer ended in a stalemate when jurors couldn’t agree on a verdict. A state judge in Pasadena, California, declared a mistrial Monday after jurors deadlocked on Carolyn Weirick’s …

Singapore’s Changi Airport Tests Terminal Run by Robots, Not Humans

Imagine landing at a major airport and the only human official you meet on your way through the terminal is a customs officer. Singapore’s Changi Airport, voted the world’s best for the past six years by Skytrax, is pursuing that …

UK Labour Party Sees 2nd Referendum as Way to Avoid Chaotic No-Deal Brexit

The U.K. opposition Labour Party plans to vote down Theresa May’s divorce agreement with the European Union, and sees a second referendum as a way of avoiding a chaotic no-deal Brexit. Labour’s Brexit spokesman Keir Starmer set out what he …

Global Insurers Realize Innovation Is Critical for Future Success: A.M. Best Survey

A significant majority of global insurers understand that innovation is increasingly becoming a competitive differentiator in the global marketplace, according to the results of an A.M. Best survey of its rated entities. More than 80 percent of survey respondents said …

Alliant Hires Potts to Its Employee Benefits Group in Virginia

Alliant has hired Arlene Potts as vice president within its Employee Benefits Group. Potts is based in Suffolk, Va., and will work with a portfolio of clients to provide strategic employee benefits services that aim to reduce healthcare costs and …

Mass. Medical Transportation Business Cited $460K for Wage Law Violations

A Massachusetts medical transportation business and its managers has been cited $460,945 in restitution and penalties for violating workers’ rights and state wage laws. Massachusetts Attorney General Maura Healey’s office began investigating Watertown, Mass.-based Quantum Transportation LLC and its managers, …

Pioneer Taps XL Catlin’s McMellin as CEO; Douetil Becomes Chairman, as Taylor Retires

Pioneer Underwriters appointed Andrew McMellin as chief executive officer, effective Oct. 8, 2018 and pending regulatory approval. Dane Douetil, CEO of Pioneer’s parent company, Minova Insurance Holdings Ltd., and currently CEO at Pioneer, will become chairman of the business. Max …

Florence Impact on Insurers Tempered by Mostly Uninsured Flood Losses

Insurance industry losses from Hurricane Florence, which hit the Carolinas mid-September as a Category 1 storm, will be manageable and not have a severe impact on insurers, according to experts. As the storm turned out to be less of a …

Chubb Appoints Barziza to Lead North American Property Claims

Chubb has appointed Tim Barziza as head of its North American Property Claims. In this role, Barziza will be responsible for leading the technical and administrative operations of the Property Claim Service, including the recovery and the special investigations units …

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