As part of New York’s continuing response to flooding in the Lake Ontario region, the New York State Department of Financial Services (DFS) is reminding property and casualty insurers of their responsibility to work toward fair and speedy resolution of …
KMRD Partners, a Warrington, Penn.-based boutique risk management and human capital solutions firm, has hired Kirk Salmon to its risk management team. As a sales and relationship manager, Salmon will work closely with select prospects to evaluate their current risk …
French authorities are close to containing one of the fiercest blazes to break out during four days of wildfires in the country’s southeast that have led to the evacuation of more than 12,000 people. The fires in Bormes-les-Mimosas calmed Thursday …
A months-long effort by Senate Republicans to pass health legislation collapsed early Friday after GOP Senator John McCain joined two of his colleagues to block a stripped-down Obamacare repeal bill. “I regret that our efforts were simply not enough, this …
Alliant Insurance Services Inc. is using confidential information obtained during a failed bid for Wells Fargo & Co.’s commercial insurance business to poach top sales executives, according to a lawsuit filed by a Wells Fargo unit. The lawsuit, filed on …
Non-life insurance-linked securities (ILS) issuance reached a record-breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year, according to a report by Willis Towers Watson Securities, the investment banking business of Willis Towers Watson. …
FM Global, the Johnston, R.I.-based commercial property insurer, has made key changes to its management team, moving Stefano Tranquillo and David M. Johnson into new roles in EMEA/Asia Pacific and the Asia region. Stefano Tranquillo has been appointed senior vice …
Heavy rains led to flooding Wednesday in some parts of northern Germany, forcing some evacuations and prompting residents to pile sandbags in front of their homes to protect themselves from a swollen river. The center of the town of Goslar, …
The Democratic Republic of Congo’s insurance regulator is preparing to open up an industry for the first time that could be worth as much as $500 million a year to investors. The newly created Insurance Regulatory Authority, known by the …
In Youngstown, Ohio, the employment problem is not a shortage of jobs. Nor is it a shortage of workers. The problem is not stingy employers who don’t want to pay enough to attract good workers. Nor is the problem that …
