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Massachusetts’ Boston Insurance Brokerage Promotes Two

Boston Insurance Brokerage (BIB), a Boston, Mass.-based national wholesale brokerage offering commercial insurance solutions, has promoted John Roderiques to associate vice president of its workers’ compensation division and Cara Treen to account executive. In their new roles, Roderiques and Treen …

Cities Hope Fines Will Curb Distracted Walkers

This really shouldn’t be a surprise to anyone who’s done it: You are just no good at texting and walking. While you might do OK at the reading and typing part, your preoccupied brain isn’t paying enough attention to what’s …

CNA Hardy Appoints IMIU’s Fryer as Class Manager, Mining Specialist

CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the appointment of James Fryer as class manager, mining specialist. Reporting to Lloyd Tunnicliffe, head of Property, Fryer will be responsible for building out …

Airbus A350 Operators Must Upload Software Fix to Prevent Risk of Explosion

European aviation safety authorities have issued an emergency directive for operators of the Airbus A350-900 long-haul aircraft to upload a software fix to prevent potential overheating of the hydraulic system and a risk of explosion. Airbus has delivered over 100 …

Regulators Under Pressure to Develop Rules of Road Minus Drivers

When the U.S. government finally got around to regulating auto safety in 1967, it insisted that every car have seat belts and that the steering column be engineered to absorb impact so it wouldn’t spear the driver. The safety rulebook …

Declining Life Expectancy Shrinks Deficits of Corporate Pension Plans: Opinion

The Grim Reaper has some happy news, but if pension funds turn this into a party they’re dicing with death. Continuous Mortality Investigation Ltd., which produces longevity projections using data on lives that are insured or in pension plans, said …

UK Financial Services Sector Seeking ‘Ambitious’ Brexit Trade Agreement

The UK’s financial sector is seeking an “ambitious” trade pact between Britain and the European Union to try to prevent a costly shift of jobs and business to the continent once the country leaves the bloc, according to a draft …

Mitsui Sumitomo Buys Singapore’s First Capital Insurance from Fairfax for $1.6B

Mitsui Sumitomo Insurance Company (MSI) is acquiring Singapore’s First Capital Insurance for $1.6 billion from Canada’s Fairfax Financial Holdings, in the biggest takeover by a Japanese insurer in populous Southeast Asia – a key target region for global players. Starved …

West Virginia to Use $22M from Drug Distributor Suit for Addiction Treatment

West Virginia’s Department of Health and Human Resources says it will use $22 million in settlement money from drug distributors to help address the addiction epidemic in the state. Legislation passed this year requires the department to increase inpatient treatment …

Moultrie Hired as VP of Client Services of S.S. NESBITT Brokerage in Alabama

EBSCO Industries Inc. (EBSCO) has hired insurance veteran Phillip Moultrie as vice president of client services for its insurance brokerage, S.S. Nesbitt (SSN), based in Birmingham, Ala. Moultrie’s immediate focus will be on ensuring that the agency delivers its services …

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