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A Look at Smart Buildings and Construction Risks

With “smart” building becoming the gold standard in today’s commercial construction world, builders, building owners, workers and insurers are dealing with new technologies and risks. These smart technologies — from high tech gadgets aimed at increasing building efficiencies to wearable …

Markel Names Peterson to Product Line Leadership Team

Markel Corp., headquartered in Richmond, Va., has named Jane Peterson as executive underwriting officer on its Product Line Leadership team. In this role, Peterson is based in Markel’s Cranston, R.I., office and reports to Robin Russo, chief underwriting officer at …

Allstate Profit Up for 2016 Despite Higher Catastrophe Losses

Allstate ended 2016 with a solid profit thanks to premium hikes and tighter underwriting, despite a $853 million jump in catastrophe losses over the previous year. The property/casualty insurer ended up with more than $2.5 billion in catastrophe losses for …

Alliant Insurance Services Names Moody as SVP in Georgia Office

Alliant Insurance Services, a nationwide specialty insurance brokerage firm, has added Griff Moody to its Construction Services Group as senior vice president. Moody will provide insurance and surety risk advisory services to construction clients across the country. He will be …

104 Arrested in South Florida in $60M Identity Theft Ring

Federal authorities have charged 104 people with numerous identity theft and fraud offenses in the latest South Florida crackdown on a rampant problem involving tens of thousands of stolen personal identities. The charges involve fraud ranging from filing false tax …

Chubb Names Ringsted as Chief Digital Officer; Promotes O’Connell to Chief Actuary

Chubb Limited announced that Sean Ringsted has been appointed executive vice president, Chubb Group, and chief digital officer, a newly created position. Currently, Ringsted is executive vice president, chief risk officer and chief actuary. In his new role, Ringsted will …

Nationwide Re-Signs with NFL for 4 More Years

Nationwide and the National Football League announced that the Ohio-based insurer will remain an official auto, home and life insurance sponsor of the league for the next four years. As part of the agreement, Nationwide will continue as the presenting …

Pennsylvania’s Henderson Brothers Hires Martinelli

Henderson Brothers Inc., an independent broker headquartered in Pittsburgh, Penn., has hired Scott Martinelli as a life/disability/worksite leader and business development consultant in the Employee Benefits Department. In his new role, Martinelli will use his seven years of industry experience …

Intesa Says Possible Generali Bid Is Just One of Many Options Being Eyed

Intesa Sanpaolo SpA said it’s weighing a potential takeover of Assicurazioni Generali SpA and described a possible bid as a “case study” that is only one of many options the Italian bank is considering. The Turin-based bank responded in a …

FEMA Disaster Deductible Could Survive Trump Deregulation Drive

Donald Trump has said he wants to roll back many of Barack Obama’s regulations linked to climate change but there may be one exception: a federal disaster proposal aimed at getting states to prepare for the more intense storms forecast …

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