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ABI Warned About Risks of Modern Building Materials Before Grenfell Tower Fire

“External cladding, made from combustible material can often cause significant fire spread upwards and between buildings, which is a particular concern for areas of high building density.” This now sadly prophetic statement was the Association of British Insurers’ response in …

CNA Hardy Names Neon’s Marriott as Head of Cargo, Lloyd’s

CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the appointment of Alistair Marriott as head of Cargo for its Lloyd’s platform. Reporting to Carl Day, head of Energy and Marine, Marriott will …

Oil & Gas Industry Faces More Frequent & Sophisticated Cyber Attacks: Deloitte

Three out of four oil and natural gas companies fell victim to at least one cyber attack last year as hacking efforts against the industry become more frequent and sophisticated. That’s the finding from a report released Monday by industry …

MGA Pen Underwriting Launches Specialist Cover for UK Construction Market

Pen Underwriting* has launched a new product to address the UK construction industry’s wide-ranging, complex risk exposures. Backed by “A”-rated capacity from specialist insurer CNA Hardy, the single wording, multi-section cover can be offered on an annual or single-project basis …

Arconic Stops Selling Cladding for High-Rises After Grenfell Tower Tragedy

Arconic Inc. said on Monday it will stop global sales of plastic-filled aluminum cladding panels for use in high-rise buildings after a fire in London’s Grenfell Tower, which used those Arconic panels, killed at least 79 people. Shares of the …

XL Catlin, McGowan Companies to Offer Coverage for Workplace Violence

XL Catlin has entered into an exclusive underwriting agreement with The McGowan Companies to provide workplace violence insurance to U.S. businesses. Nearly two million American workers are victims of workplace violence each year, according to the Occupational Health and Safety …

Former Kentucky Teacher Receives $500K Settlement in Retaliation Lawsuit

A former teacher and volleyball coach is receiving a $500,000 settlement in a lawsuit against a Kentucky school district where she said she became the victim of a retaliation campaign for advocating for equal treatment of male and female athletes. …

Scott Picks Public Service Commissioner Patronis as New Florida CFO

Gov. Rick Scott has tapped Jimmy Patronis, a member of the Florida Public Service Commission and a former Florida State Representative, as Florida’s next chief financial officer, according to a statement from the governor’s office. “I am honored to appoint …

Cheaper Cyber Insurance in the Works for Apple, Cisco Customers

Apple Inc. is working with Cisco Systems Inc. to help businesses that primarily use gear from both companies to get a discount on cyber-security insurance premiums, Apple Chief Executive Officer Tim Cook said on Monday. Sharing a stage with Cisco …

Brunson Appointed President & CEO of Gulfstream, Catawba Insurance Cos.

Nan D. Brunson has been appointed full-time president & CEO of Gulfstream Property & Casualty Insurance Co. and its affiliates, as well as president & CEO of Catawba Insurance Co. Brunson currently serves as vice president of Business Development at …

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