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RMC Group Names Mitchell as President of U.K. Operation

RMC Group, a Naples, Fla.-based consortium of leading insurance and actuarial consulting firms, announced that Ryan S. Mitchell has been named president of its U.K.-based operation. Working out of RMC’s London office, Mitchell will coordinate and oversee RMC’s European reinsurance …

FM Global Creates Global Flood Map to Help Businesses Manage Flood Risk

With flooding on the rise around the world, Johnston, R.I.-based FM Global said it has created an interactive Global Flood Map to help companies manage this increasing and potentially costly risk. The Global Flood Map provides business executives with a …

Catlin to Retire as XL Group’s Executive Deputy Chairman

XL Group, the corporate parent of XL Catlin, said that Stephen Catlin will be retiring as executive deputy chairman at the end of 2017. Catlin sold his eponymously-named Bermuda specialty insurer and reinsurer to XL Group in 2015 for $3.9 …

Tennessee Revokes Licenses of 4 Insurance Producers Over Violations

The Tennessee Department of Commerce and Insurance (TDCI) announced disciplinary actions including fines against four former Tennessee insurance producers who violated various provisions of Tennessee law, according to a statement from the department. Former insurance producers Dillion R. Shaw, Darius …

NAS Insurance Expands Cyber Coverage to Personal Lines Market

NAS Insurance has launched a new cyber insurance product that addresses cyber risks to individuals and families through add-on coverage to homeowners’ insurance policies. NAS’ Personal CyberPlus covers cyber bullying, cyber extortion, wire transfer fraud, and breach notification costs. In …

South Carolina Real Estate Broker Accused of Stealing $3M From Firm

Authorities say a woman stole more than $3 million from the South Carolina real estate company she worked for more than a decade. A police report obtained by WMBF-TV said an audit at Hoffman Corporation determined 48-year-old broker in charge …

Florida Senator Alleges ‘Smear Campaign’ After Industry-Backed AOB Bill Stalls

A bill backed by the insurance industry to curb the abuse of Florida’s one-way attorney fee statute in assignment of benefit claims has stalled as lawmakers opted to instead advance what the insurance industry and the state’s regulator feel is …

Losses from Colorado Mine Spill Could Be Far Less than Feared

Economic damage from a Colorado mine waste spill caused by the U.S. Environmental Protection Agency may be far less than originally feared after attorneys drastically reduced some of the larger claims, The Associated Press has learned. Farmers, business owners, residents …

Online Tool Locates California Agents, Brokers Who Speak A Foreign Language

The California Department of Insurance has launched an online language locator tool to enable consumers to find insurance agents and brokers in their area who speak their language. The tool gives access to information on more than 11,000 agents and …

Iowa Legislative Session: War on Workers or Tough Budget Choices?

With Republicans in control of state government, Iowa union leaders approached this legislative session with apprehension, but say they never envisioned lawmakers would approve such dramatic changes to laws governing worker rights and pay. GOP legislators, with support from Republican …

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