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Swiss Re Names Higginbotham as CEO Reinsurance EMEA, Succeeding Henchoz

Swiss Re announced that Russell Higginbotham has been appointed CEO Reinsurance EMEA and regional president EMEA and member of the group executive committee, effective Sept. 1, 2018. Higginbotham succeeds Jean-Jacques Henchoz, who has decided to leave Swiss Re to become …

Genoa Bridge Was Crumbling onto Homes Below for Many Years Before Disaster

People living under the Italian bridge that collapsed last week with the loss of 43 lives had known for years it was crumbling: pieces kept falling on their homes and cars. A month earlier, residents met officials in charge of …

Stunt Coordinator Injured on Atlanta Set of ‘MacGyver’ Series

A stunt coordinator has been injured on the set of the CBS TV series “MacGyver” in Atlanta. CBS Television Studios said in a statement Wednesday that Justin Sundquist was injured late Monday after an accident. The studio says he remains …

Chairman of Florida Citizens Board Gardner Resigns, Aubuchon Appointed Interim Chair

Christopher Gardner, chairman of the Board of Governors of Citizens Property Insurance Corp., Florida’s insurer of last resort, has resigned. Gary Aubuchon, formerly vice chair, has been appointed as interim chair by Florida Chief Financial Officer Jimmy Patronis. Gardner notified …

Kentucky Fines Justice Companies Additional $3M Over Coal Mine Clean-Ups

West Virginia Governor Jim Justice’s family coal companies are breaching their environmental responsibilities, according to Kentucky regulators, who are seeking millions in additional fines for surface mining areas that haven’t been cleaned up. The Justice companies, which are now being …

Report Outlines Climate Change Risks Faced by Insurance Sector

A newly issued report that’s being touted as the “first important review of climate risk by an international financial standard setting body” may get the attention of the insurance community. If it does, mission accomplished. That’s what the report was …

EU Action Needed to Ensure Post-Brexit Continuity of Cross-Border Insurance: UK

Britons living in the European Union could lose access to their UK bank account services and businesses on the continent could be cut off from investment banks in London if there is a no-deal Brexit, the British government said on …

California High Court: Workers’ Comp Law Provides Exclusive Remedy in Utilization Review Case

The California Supreme Court issued an opinion today that utilization review physicians cannot be sued for malpractice, upholding established law that the workers’ comp system provides injured employees an exclusive remedy against an employer for compensable work-related injuries. The court …

Texas Seeking Money for ‘Coastal Spine,’ Government Protection from Climate Change

As the nation plans new defenses against the more powerful storms and higher tides expected from climate change, one project stands out: an ambitious proposal to build a nearly 60-mile “spine” of concrete seawalls, earthen barriers, floating gates and steel …

Survey: 10% of Texans Displaced by Harvey Still Haven’t Gone Home

One year after Hurricane Harvey slammed the Texas coast, 10 percent of the people impacted by the disaster have not been able to return to their homes, according to a report from two nonprofits that surveyed Texans about how the …

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