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Aeromexico Plane Crash Causes Dozens of Injuries but No Deaths

Dozens of people were injured when a packed Aeromexico-operated Embraer jet crashed right after takeoff in Mexico’s state of Durango on Tuesday, but authorities said most were not seriously hurt and there were no fatalities. The mid-sized jet was almost …

Anderson Assumes Role as CFO for CNA

James Anderson has assumed the role of executive vice president and chief financial officer at CNA. He succeeds D. Craig Mense, who has been CFO since 2004 and who last April announced plans to retire at the end of the …

Broker THB Taps Bertelkamp from Ansvar Insurance as European Operations Director

THB, the London-based specialist re/insurance broker and AmWINS subsidiary, announced the appointment of Ko Bertelkamp as operations director of THB Europe, effective immediately. Ko Bertelkamp is based in Amsterdam and reports to Ricardo Borges, managing director, THB Europe. The appointment …

U.S. Seeks More Cooperation with Private Sector to Fight Cyber Attacks

The U.S. Department of Homeland Security on Tuesday said it will bolster collaboration with the private sector to defend the nation against cyber attacks by working more closely with industry to combat emerging threats. Homeland Security Secretary Kirstjen Nielsen unveiled …

Update: Chubb Partners with Uber to Cover South African Drivers

Uber Technologies Inc. is partnering with insurance company Chubb Ltd. to cover its South African drivers in case of death or injury as violent attacks plague the country’s cities. The new deal will pay out a lump sum to the …

UK’s Financial Services Exports Highlight Need to Keep Post-Brexit Access: Officials

Britain’s exports of financial services to the European Union hit a record high last year, highlighting the need for the City to preserve access to the bloc after Brexit, industry officials said on Tuesday. Exports rose 3.6 billion pounds ($4.73 …

Insurers Being Asked About Asbestos-Talcum Exposure After J&J $4.6 Billion Verdict

Wall Street is trying to figure out whether the U.S. insurance industry will bear any costs from a record $4.69 billion judgment against Johnson & Johnson awarded to customers and their families who claimed that asbestos-contaminated talc caused ovarian cancer. …

Judges Issues Temporary Halt to Distributing Plans to Make 3-D Guns

A judge issued a temporary restraining order against the distribution of materials to make guns using 3-D printers. A group of states sued the Trump administration Monday in federal court in Seattle to block its legal settlement allowing a small …

S&P Probes If Reinsurers Are Ready for Another Year of Active Natural Disasters

After global insured natural catastrophe losses hit record highs in 2017, will reinsurers be able to withstand another year of active natural catastrophes? S&P Global Ratings indicates that while reinsurers are entering this year’s hurricane season with robust earnings and …

Beazley Launches Consortium at Lloyd’s for Wage & Hour Risks

Beazley has launched a new consortium at Lloyd’s to bring increased capacity for wage & hour risks, expanding the choices available to U.S. organizations. Building on Beazley’s experience in employment practices liability (EPL), and the 2015 launch of Workplace Protect, …

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