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Swiss Re’s Eisele Joins Guy Carpenter as CEO of Pacific Region; Eider Joins Advisory Board

Global reinsurance specialist Guy Carpenter & Co., a wholly-owned subsidiary of Marsh & McLennan Companies, has appointed Andre Eisele to the role of CEO of the Pacific Region. In addition, Heinrich Eder will join the Guy Carpenter Advisory Board for …

Willis Towers Watson Hires Pipala in New York

Willis Towers Watson, a global advisory, broking and solutions company, has hired Tom Pipala as client advocate in its real estate and hospitality practice, which is part of its corporate risk and broking business. Based in New York, Pipala will …

New Jersey’s Jimcor Agency Announces Updates to Strategic Leadership Team

Jimcor Agency Inc., an independent managing general agent and wholesaler headquartered in Montvale, N.J., has announced updates to its strategic leadership team with several promotions. Renee Azelby was promoted to vice president and sales manager based in Jimcor’s Southern New …

Insurance Agents & Brokers Announces Directors and Officers Elections

Membership of the independent insurance agents’ associations in Delaware, Maryland and Pennsylvania recently held elections for volunteer and leadership positions, with terms that began Sept. 1. Larry Wilson of S.T. Good Insurance in Newark, Del., was re-elected to the Delaware …

Trust But Verify: New York Cyber Regs Mean Managing Third-Party Security

This year, the beginning of September marked a critical implementation deadline for some of the toughest new cybersecurity regulations in the country – the New York State Department of Financial Services (NYDFS) 23NYCRR 500. This set of regulations mandates that …

Rethinking Freight Flood Risk Management After Hurricane Harvey

A week before Hurricane Harvey walloped Houston, workers for Union Pacific Corp. began moving rail cars out of the railroad’s Englewood switching yard near downtown and brought in enough generators to fill 70 tractor trailers to keep signal systems running. …

Tackling Houston’s Flood-Damaged Cars Takes an Army of Tow Trucks

How do you remove hundreds of thousands of damaged cars from a massive city still mired in water and muck? Tow-truck driver Alex Toll will tell you: one vehicle at a time. Toll is part of an army of more …

Arthur J. Gallagher & Co. Acquires Nebraska’s Lincoln Financial Management

Arthur J. Gallagher & Co. has acquired Nebraska-based Lincoln Financial Management LLC. Terms of the transaction were not disclosed. Founded in 1993 by Stephen Letts and later acquired by Cyrus Kiani, Lincoln Financial Management is an employee benefits consultant and …

Ratings of Kansas Medical Mutual Insurance Downgraded by A.M. Best

A.M. Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “a” of Kansas Medical Mutual Insurance Co. (KaMMCO) in Topeka, Kan. The outlook of …

Chicago Settles with Man Shocked by Police Taser for $9.5M

Chicago aldermen have agreed to pay $9.5 million to a man who suffered catastrophic injuries when he struck his head on the pavement after being shocked by a police Taser. The settlement approved by the city council adds to the …

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