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Anderson Assumes Executive VP, CFO Roles at CNA

James Anderson has assumed the role of executive vice president and chief financial officer at Chicago-based commercial insurer CNA, effective Aug. 1. Anderson, who most recently served as senior vice president and head of Financial Planning & Analysis and Corporate …

AIR Releases New Reinsurance Catastrophe Modeling Software, Touchstone Re

Catastrophe risk modeling firm AIR Worldwide announced that it has released Touchstone Reβ„’, a new catastrophe modeling software application designed for estimating the loss potential of reinsurance contracts and portfolios, industry loss warranties, and insurance-linked securities. AIR Worldwide said Touchstone …

At Least 3 Tornadoes Confirmed in Colorado

People on the plains of northeastern Colorado were cleaning up this week from a powerful storm that spawned at least three tornadoes, ripped off roofs and flipped trucks and small airplanes. No serious injuries were reported in Sunday’s storm, and …

Los Angeles to Begin Licensing Marijuana Growers

Los Angeles began accepting license applications from marijuana growers, manufacturers and testing companies this week, after months of delays that left many businesses in the state’s largest legal marketplace struggling to survive. The start of the process arrived with a …

Laptop Battery Fire in Checked Luggage Could Bring Down an Airliner: Study

A single personal electronic device that overheats and catches fire in checked luggage on an airliner can overpower the aircraft’s fire suppression system, potentially creating a fire that could rage uncontrolled, according to new government research. Regulators had thought that …

London Market Group Appoints JLT Specialty’s Lebecq as CEO

London Market Group (LMG) has appointed of Clare Lebecq as CEO. Lebecq, who will take on the role on a permanent basis, will start on Nov. 1 and replaces Chris Beazley, who will return to MS Amlin as CEO of …

Crash at Connecticut Auto Auction Leaves Six Injured

A man driving a car at a Connecticut auto auction suffered a medical emergency, struck four pedestrians and crashed into another vehicle on Wednesday, sending six people to area hospitals, police said. The driver of the car, who was revived …

Worker Suffers Severe Electrical Burns on the Job in Connecticut

Fire officials say a worker making repairs to a building in Connecticut has suffered severe electrical burns. Fire Chief Paul Januszewski tells the New Haven Register the man was upgrading the North Haven building’s electrical system Wednesday when he was …

New York Appoints Group to Draft Legislation for Adult-Use Marijuana Program

New York has appointed a working group to draft legislation to legalize and regulate the adult use of marijuana in the state. The move comes soon after a N.Y. Department of Health study commissioned by New York Governor Andrew Cuomo …

Hub International Buys P/C Business of Ontario Broker Cypher Systems Group

Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired the property and casualty insurance business of Cypher Systems Group Inc. (CSG) and certain of its affiliates, an insurance broker servicing large Canadian group and affinity programs. The …

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