Maryland Insurance Commissioner Al Redmer, Jr. has appointed Victoria August as Associate Commissioner for Hearings, in which she will have management responsibility for all quasi-judicial hearings, including appeals of consumer complaint determinations and other decisions by the agency’s units. The …
A company that advances money to people awaiting settlement payouts was accused by New York and federal regulators of scamming sick responders to the Sept. 11, 2001 attacks, as well as National Football League retirees with brain injuries. RD Legal …
Major weather and flood events in the U.S. during January will cost the insurance industry more than $1 billion as tornadoes hit a 17-year high, according a report published by Impact Forecasting, Aon Benfield’s catastrophe model development team. The most …
Theresa May’s latest Brexit victory should leave her happy — but might ultimately come at a price. Late on Wednesday, the U.K. prime minister persuaded the House of Commons to back her original 137-word draft law to start the withdrawal …
Arthur J. Gallagher announced it has responded to the “perfect storm” facing manufacturers – a rising risk of cyber attacks, coupled with increased vulnerability and largely excluded exposures – by designing a tailor-made policy to more effectively transfer their unique …
Zurich Insurance Group AG fell in Zurich trading after posting a quarterly profit supported by one-time gains as Chief Executive Officer Mario Greco presses ahead with an overhaul of Switzerland’s largest insurer. Net income for the three months through December …
AXIS Capital Holdings Ltd. announced that Neil Arklie has joined AXIS Insurance as vice president, Financial Lines, and lead underwriter for its London-based international cyber insurance unit. Arklie will lead a team of experienced underwriters focused on writing cyber, media, …
A senior Chinese insurance regulator warned against the industry’s reckless overseas investment, saying some insurers behaved recklessly when it came to offshore acquisitions, the official Securities Times reported on Thursday. Chen Wenhui, vice chairman of the China Insurance Regulatory Commission …
Vicksburg, Miss., Mayor George Flaggs Jr. says he wants all city workers who handle money to be required to take polygraph tests. Flaggs told The Vicksburg Post that “taxpayers need to know we’re not losing their money.” He brought up …
Law enforcement officers in Tennessee plan to follow and ride Hamilton County school buses at random after a bus crash killed six students in November. The Times Free Press says the Tennessee Highway Patrol, Hamilton County Sheriff’s Office and Chattanooga …
