Faced with too much trash in one of the world’s biggest – and arguably dirtiest – subway systems, New York transit officials tried an unusual social experiment. They removed garbage bins from 39 out of the more than 400 stations, …
Cook Maran & Associates (Cook Maran), one of New York and New Jersey’s largest insurance brokers, will acquire Gundermann & Gundermann (Gundermann), a third-generation, family-owned company that’s grown into a top 25 New York insurer since it was founded in …
Marianna Wilson has been hired to serve as professional liability director for national accounts for the Big ‘I’ Advantage program of the Independent Insurance Agents and Brokers of America. The organization created the position to service and expand the program, …
Paragon Insurance Holdings LLC (Paragon), an Avon, Conn.-based multi-line specialty program manager, has added Justin Faust to the Paragon executive management team as Chief Financial Officer. “Justin will lead Paragon’s efforts to enhance its rapid organic expansion through the acquisition …
The State Corporation Commission’s Bureau of Insurance (Bureau) in Virginia has named Julie S. Blauvelt deputy commissioner of its Life and Health Division. In this capacity, she oversees a staff that reviews insurance policy rates and forms, performs market conduct …
American International Group Inc.’s chairman reaffirmed support for the course charted by Peter Hancock, even after the CEO announced he was stepping down because of insufficient investor backing. Chairman Doug Steenland, in his annual letter Monday, said that the board …
Mercedes-Benz owner Daimler and supplier Robert Bosch are teaming up to develop self-driving cars in an alliance aimed at accelerating the production of “robo-taxis.” The pact between the world’s largest maker of premium cars and the world’s largest automotive supplier …
PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data, has released the 2017 update of the PERILS Industry Exposure Database (IED). The updated database is composed of more than 200,000 individual data entries defining property sums insured …
Cyber security firm Kaspersky Lab on Monday said it had obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year’s $81 million cyber heist of the Bangladesh central bank’s account at the Federal …
The federal government has ordered Wells Fargo to reinstate a former bank manager who lost his job after reporting suspected fraudulent behavior at the bank. The Labor Department’s Occupational Safety and Health Administration (OSHA) announced on Monday that the bank …
