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Hanover Insurance Names Zurich’s Salvatore as President of Specialty

The Hanover Insurance Group Inc., a Worcester, Mass.-based holding company for several property and casualty insurance companies, has appointed Bryan J. Salvatore as executive vice president and president of specialty, effective June 12. In this role, Salvatore will lead the …

States Move to Ban Asking Job Applicants About Past Salary

An awkward job interview question — how much did you make at your last job? — is getting banned in some parts of the country. Massachusetts, New York City and Philadelphia have passed laws that bar employers from asking applicants …

A.M. Best Affirms Ratings of PartnerRe & Subsidiaries

A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Bermuda-based Partner Reinsurance Co. Ltd. and its affiliates (collectively referred to as PartnerRe). A.M. Best has also affirmed the …

AGCS Promotes Hansen as Head of Aviation, Succeeding Haagen

Allianz Global Corporate & Specialty (AGCS) announced that Mike Hansen has been named global head of Aviation. He takes over this responsibility from Henning Haagen who was appointed Northeast Zone Executive for North America earlier this year and has been …

QBE Taps Commonwealth Bank of Australia’s Ford as Group CFO

QBE Insurance Group Ltd. has appointed Michael Ford as group chief financial officer. Ford is currently the deputy CFO for the Commonwealth Bank of Australia (CBA). He joined the bank in 2005 and held a number of senior finance roles …

AmWins and Networked Deal Plays to Each Firm’s Strengths, Execs Say

The acquisition by AmWINS Group Inc. late last month of Networked Insurance Agents will achieve a number of objectives for both the Charlotte, N.C.-based distributor of specialty insurance products and the California-based aggregator. Namely, the deal plays to each firm’s …

Here’s What the House Has in Mind for Revamping Flood Insurance Program

A much-anticipated House subcommittee proposal on flood insurance promises to reauthorize the National Flood Insurance Program (NFIP) for five years beyond its September 30 expiration date. The proposal would introduce reforms to put the NFIP on stronger financial footing; provide …

Report: Florida Resident Sparked Wildfire With Lawn Mower

A lawn mower is being blamed for sparking a wildfire that destroyed five structures in Florida. The Naples Daily News reports that the state’s Office of Agricultural Law Enforcement concluded its investigation into the fire that started April 20 in …

Zenefits to Pay North Carolina $104K to Settle Licensing Violations

The North Carolina Department of Insurance has reached a settlement agreement with YourPeople, Inc., dba Zenefits FTW Insurance Services (Zenefits) resulting in a $104,500 penalty, according to a statement from Insurance Commissioner Mike Causey. Department of Insurance Agent Services Division …

West Virginia Gov Orders State to Step-Up Cybersecurity Efforts

Gov. Jim Justice has directed the West Virginia Board of Risk and Insurance Management to take steps to protect personally identifiable information collected and kept by state agencies, including health information required by law to be kept private. In an …

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