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Willis Re North America Names Ingle Head of Analytics

Brian Ingle will lead the Analytics team for Willis Re North America following Alice Underwood’s appointment as head of Risk Consulting and Software. Ingle will report to Jim Bradshaw, CEO, Willis Re North America. Ingle joined Willis Re in 2006 …

Bank of England Governor Warns Investors Failing to Consider Climate Risks

Bank of England Governor Mark Carney said he’s concerned investors aren’t doing enough to assess threats that global warming will have on assets they purchase. The central bank governor who also leads the Financial Stability Board advising the Group of …

Arizona Residents Evacuated as Wildfires Sweep Western U.S.

An Arizona wildfire that forced thousands from their homes and came dangerously close to consuming a town was 43 percent contained by Thursday evening, authorities said. Roughly 1,400 evacuated residents of the community of Mayer were allowed to go home …

Workers’ Comp Insurer Cancels Policies for Hawaii Pot Firms

Hawaii’s largest workers’ compensation insurer is canceling insurance policies for seven medical marijuana dispensaries preparing to open this summer. Hawaii Employers’ Mutual Insurance Co., citing concerns over criminal liability since the drug is considered illegal by the federal government, notified …

Federal Judge Permits Some VW Investor Claims Over Diesel Scandal

A federal judge in California on Wednesday allowed some claims to proceed by investors who sued Volkswagen AG over its diesel emissions scandal, but agreed to the German automaker’s request to dismiss parts of the lawsuit. U.S. District Judge Charles …

PCI Adds Former Treasury, Federal Insurance Official Ledoux to Policy Team

The Property Casualty Insurers Association of America (PCI) said Chris Ledoux, who has served as an advisor on insurance issues for the Treasury Department and the Federal Deposit Insurance Corp. (FDIC) and worked to establish the Federal Insurance Office (FIO), …

EXIN Buys 75% Stake in Ethniki Insurance from National Bank of Greece for $819M

EXIN Financial Services Holding B.V. has purchased a 75 percent stake in insurer Ethniki Hellenic General Insurance S.A. from the National Bank of Greece (NBG) for €718 million (US$819.2 million). Amsterdam-based EXIN said NBG will retain a 25 percent stake …

Grenfell Tower Fire Puts Cloud over Energy Efficiency Industry’s Building Materials

The fire that killed at least 79 people in a residential tower in London earlier this month has delivered a blow to an often overlooked section of the green industry that’s crucial to delivering energy efficiency. Local authorities across the …

Family of New Jersey Train Crash Victim Files Wrongful Death Lawsuit

The family of a woman killed when a New Jersey Transit commuter train slammed into a station last year filed a wrongful death lawsuit on Tuesday against the agency. Fabiola Bittar de Kroon’s family is seeking unspecified compensatory damages in …

Alliant Hires New York’s Kenny to Facilitate Eastern Expansion

Alliant has hired Kevin T. Kenny to its Alliant Americas division. In his new role, the New York-based executive vice president and managing director will play an integral role in expanding the middle market division’s reach throughout the Eastern United …

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