News

HR Departments Often Ill-Equipped to Handle Sexual Harassment Claims: Viewpoint

In an ideal world, anyone who experiences harassment at work would head directly to the human resource department. That’s where a sensitive, well-trained professional would conduct an “immediate and impartial” investigation followed by “appropriate action to remediate or prevent the …

Aon to Acquire UK-Based Insurance Broker Henderson

Global insurance broker Aon said it will acquire Henderson Insurance Broking Group, an independent UK-based insurance broker. Terms were not disclosed. Aon anticipates completing the acquisition in December. Henderson Insurance Broking Group is one of the UK’s largest independent brokers, …

Beazley Taps XL Catlin’s Taboada, Zurich’s Misol as Financial Lines U/Ws, Spain

Specialist insurer Beazley continues to build its international specialty lines team, with the appointments of Estefania Taboada and Ana Misol as financial lines underwriters in Barcelona. Their appointments follow the appointment in May 2017 of Lorena Segovia to the newly …

UK Faces Bad Deal for Brexit, Gloomy Outlook: S&P, Fitch

Standard and Poor’s and Fitch held their credit ratings for Britain unchanged on Friday [Oct. 27], but both remained gloomy about the outlook due to the likelihood of the country reaching a bad deal in its divorce talks with the …

New York’s Lawley Hires Overhoff as Loss Control Manager

Lawley, a Buffalo, N.Y.-based, independent insurance broker, has hired loss control veteran Bob Overhoff Jr. as loss control manager. Previously the director of corporate safety at LPCiminelli, Overhoff Jr. will work out of Lawley’s headquarters in Buffalo, N.Y., helping customers …

Pharmacist in Deadly Meningitis Outbreak Cleared of Murder

A pharmacist at a facility whose tainted drugs sparked a nationwide meningitis outbreak that killed 76 people was cleared Wednesday of murder but was convicted of mail fraud and racketeering. Jurors said prosecutors failed to prove Glenn Chin was responsible …

Former Maine Fire Chief Admits Starting Blaze That Burned 42 Acres

A former Maine fire chief has pleaded guilty to setting a wildfire that burned 42 acres in 2016. The Journal Tribune reports that 61-year-old Ricky Plummer pleaded guilty Wednesday to starting the fire when he was chief, under an agreement …

Aon Reports 6% Increase in Q3 Revenues to $2.2B

Aon reported third quarter revenue of $2.3 billion, an increase of 6 percent from the $2.2 billion reported for the same period last year. This increase was driven primarily by a 3 percent increase related to acquisitions, net of divestitures, …

Basic IT Best Practice Would Have Limited WannaCry Cyber Attack: UK Report

The U.K. government holds North Korea responsible for the global WannaCry ransomware attack that crippled parts of the state-run National Health Service as a damning report highlighted its weak defense against such attacks. While the rogue Asian state has long …

Insurtech Startup Etherisc Offers Blockchain-Based Flight Delay Insurance

Etherisc, a Zug-Switzerland-based insurance platform startup, has begun offering blockchain-based flight delay insurance, called Flight Delay, which automates the process of getting an insurance payout in case a flight is canceled or delayed. “The frustration of a flight delay or …

News Archives by Month