News

Pennsylvania’s NSM Insurance Group Hires Johnston

NSM Insurance Group, a Conshohocken, Penn.-based program administrator of industry-specific insurance programs, has hired Jennifer Johnston as the Northeast regional underwriting manager for social services. In this role, Johnston will be responsible for overseeing new business development and renewal retention …

Blind Americans Want to Participate in Future of Driverless Vehicles

Anil Lewis was behind the wheel of his Ford Mustang convertible on a sunny Atlanta day in 1988, when he nearly hit a pedestrian who appeared in a crosswalk ahead of him, seemingly out of nowhere. It was then Lewis …

Neon Appoints Argo’s Gibson as Reinsurance & Alternative Capital Director

Neon announced it has hired Mark Gibson as Reinsurance and Alternative Capital director, reporting to Managing Director Ian Martin. Gibson is responsible for developing Neon’s outwards reinsurance program and third party capital strategy. With 30 years’ experience in the sector, …

Allianz Forms Online Aircraft Insurance Partnership with Insurtech Firm Visicover

Allianz Global Corporate & Specialty (AGCS) announced it has formed a partnership agreement with insurtech company, Visicover. Visicover’s existing and new aeroplane and helicopter insurance products now will be underwritten by AGCS, which also will provide claims management services. Customers …

British Columbia Wildfires Expected to Worsen; Nearly 40,000 People Evacuated

Fast-moving wildfires in British Columbia have forced nearly 40,000 people to leave their homes and residents are flooding into crowded evacuation centers amid a provincial state of emergency. Federal Public Safety Minister Ralph Goodale announced Monday that Ottawa was deploying …

Insurance Claims from G20 Riots in Germany Could Hit $13.8 Million

A group representing German insurers says the rioting that accompanied the Group of 20 summit earlier this month could cost insurance companies up to 12 million euros ($13.8 million). Host city Hamburg saw three nights of violence amid anti-globalization protests …

UK Faces ‘Substantial’ Risk of Failure of Brexit Talks, Moody’s Warns

The risk that the UK will tumble out of the European Union in two years without a Brexit deal is “substantial,” Moody’s Investors Service said. Such an outcome would affect everything from banks to buses and could result in a …

UK’s Aviva to Sell Asia/Middle East Life Unit to Focus on Core Markets

Aviva, Britain’s biggest life insurer, said it would sell Friends Provident International (FPIL), which provides life assurance and investment products in Asia and the Middle East, to a unit of International Financial Group for 340 million pounds ($443 million). The …

Missouri’s Keystone Mutual Hires von Gontard as General Counsel

Keystone Mutual Insurance Co., a Missouri-based medical malpractice carrier, has appointed David von Gontard as the company’s general counsel. In this position, von Gontard will be responsible for the legal affairs of the company and its affiliates, including claims management. …

Cleanup Begins for Florida Neighborhood Hit by Sinkhole

Cleanup efforts at the site of a sinkhole that swallowed two Florida homes and jeopardized a third house will begin in earnest on Wednesday, as county officials, geologists and insurance adjusters begin the process of figuring out what to do …

News Archives by Month