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7 Questions to Ask Cyber Insurance Prospects

An increase in spearfishing and ransomware, coupled with weakened data security due to more connected and mobile devices, means businesses, insurers and their agents need to understand and protect against these threats, according to experts at a recent American Bar …

Plunging Temperatures in Northeast Lead to Icy Conditions Following Storm

Concerns about falling temperatures and icy conditions on roads and sidewalks across the Northeast followed a late-season storm that plastered the region with sleet and snow. Tuesday’s powerful nor’easter paralyzed much of the Washington-to-Boston corridor, but fell short of the …

PIACT Names Frascarelli Professional Agent of the Year

At the recent Professional Insurance Agents of Connecticut (PIACT) annual business meeting, Peter Frascarelli, CPIA, of the Peter M. Bakker Agency of Avon, Conn., was named Professional Agent of the Year. Frascarelli is the Chief Operating Officer of Bakker Agency …

Pennsylvania Insurance Commissioner Offers Advice for Winter Storm Damage

Pennsylvania Insurance Commissioner Teresa Miller is offering tips to consumers whose home or automobile may have sustained damage from this week’s winter storm, according to a press release issued by the Pennsylvania Department of Insurance. “Most standard homeowners’ insurance policies …

Pennsylvania-Headquartered Cohen & Grigsby Hires Anderson as a Director

Cohen & Grigsby P.C., a law firm headquartered in Pittsburgh, Penn., has hired Roberta D. Anderson as a director. Anderson’s practice is concentrated on insurance recovery and emerging cybersecurity and data privacy-related issues, including security incident planning and breach response. …

Court Rules Gay Employees Not Protected Under Civil Rights Law

In a setback for gay rights advocates hoping for an expansion of workplace discrimination protections, a federal appeals court in Atlanta has ruled that employers aren’t prohibited from discriminating against employees because of sexual orientation. A three-judge panel of the …

Indonesia to Take Action Against Cruise Ship that Damaged Coral Reef

Indonesia’s government said this week it will take strong action after a cruise ship destroyed coral reefs in a popular tourist area known for its extensive marine biodiversity. The 4,200-ton cruise ship M.V. Caledonian Sky entered the waters of Radja …

RSA Names Gearey as Managing Director of Commercial Risk Solutions

London-based RSA has appointed James Gearey as managing director for Commercial Risk Solutions (CRS) from June 5, 2017, subject to regulatory approvals. Gearey has spent the past nine years at Siemens Financial Services, most recently as chief executive, Commercial Finance …

XL Catlin Receives Approval to Write Insurance in Monaco

XL Catlin announced it has received approval from the Monegasque Minister of State to issue insurance policies in the Principality of Monaco through XL Insurance Co. SE (XLICSE), effective March 10, 2017. The license allows XLICSE to offer its products …

Audi’s German Offices Raided in Ongoing Fallout from Emissions Scandal

Volkswagen AG’s Audi brand was raided by German prosecutors as investigations into the manipulation of diesel engines continue to weigh on the automaker more than a year after revelations of emissions cheating. More than 100 police took part in searches …

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