April 7, 2017
Miller has hired David Maule in a business production and senior broking role, which the London-based broker said will add “considerable strength” to its trade credit and political risks capabilities. Maule will work with colleagues in the London, Paris and …
April 7, 2017
Plum Underwriting, the London-based specialist home insurance managing general agent, announced the launch of cyber and data risks cover embedded within high net worth (HNW) and mid net worth (MNW) home insurance products in the UK. Plum’s Home Cyber covers …
April 7, 2017
Everyone agrees that under Title VII of the Civil Rights Act of 1964, employers are forbidden from discriminating on the basis of sex. Are they also forbidden from discriminating on the basis of sexual orientation? In a momentous decision earlier …
April 7, 2017
Trade credit insurers paid claims to UK businesses in 2016, amounting to more than £4 million ($4.9 million) a week, or £210 million ($256.8 million), according to figures released by the Association of British Insurers (ABI). These claims due to …
April 7, 2017
The U.S. Department of Labor’s Occupational Safety and Health Administration has announced a delay in enforcement of the crystalline silica standard that applies to the construction industry. The rule, on which OSHA first sought comment in 1974, was finalized in …
April 7, 2017
The heads of the two major commuter rail lines that use New York’s Penn Station took turns criticizing Amtrak on Wednesday for two recent derailments that continued to cause headaches for commuters in the nation’s busiest rail hub. Rail service …
April 7, 2017
Legislation to prevent insurers from using age and credit scores in setting automobile insurance rates has stalled amid opposition from industry groups. The bill, tabled in committee Wednesday, prohibits the use of age, marital status, credit scores and income in …
April 7, 2017
Opioid painkillers that have led to thousands of deaths and new drug addicts should be the highest priority of the U.S. Food and Drug Administration, said Scott Gottlieb, President Donald Trump’s pick to lead the agency. “The opioid epidemic in …
April 7, 2017
S&P Global Ratings has raised its long-term counterparty credit and financial strength ratings on Aviabel Cie. Belge d’Assurances Aviation to “A” from “A-“, following the completion of its acquisition on April 1 by AXIS Capital. Confirming a stable outlook for …
April 7, 2017
Four severe weather outbreaks in the U.S. throughout March led to extensive damage in the central and eastern parts of the country, costing the insurance industry in excess of US$2.0 billion, according to a report published by Impact Forecasting, Aon …