May 26, 2017
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 …
May 26, 2017
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 …
May 26, 2017
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 …
May 26, 2017
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 …
May 26, 2017
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 …
May 26, 2017
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 …
May 26, 2017
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 …
May 26, 2017
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 …
May 26, 2017
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 …
May 26, 2017
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 …