News

SCOR Appoints Brémond as Group Human Resources Director

SCOR announced that Laurent Brémond has joined the company as group human resources director, reporting to Denis Kessler, chairman & chief executive officer, based in Paris. Brémond (47) is a graduate of the London School of Economics. He also holds …

Florida-Based Orchid Underwriters Appoints Butler As CFO

Orchid Underwriters Insurance Agency, LLC, a specialty underwriter of property insurance focusing on coastal properties, has named Lynda Butler as chief financial officer. She will also become a member of the Executive Management Committee at Orchid, along with Chairman Ken …

Insurance Linked Securities Specialist Nephila Hired by Blackstone Vehicle

A Blackstone Group LP vehicle offering hedge fund strategies to mutual fund investors plans to allocate money to a firm backed by rival KKR & Co. The Blackstone Alternative Multi-Strategy Fund is hiring Nephila Capital Ltd. as a sub-adviser, according …

ACE Launches New Corporate Travel Proposition in Sweden

ACE Group has launched in Sweden its new corporate travel proposition ACE Business Class, as it continues to enhance its multinational offering for companies in the Nordic region. ACE Business Class provides comprehensive travel insurance cover by means of a …

Berkshire Hathaway Specialty Launches Crime Protection Policy in Canada

Berkshire Hathaway Specialty Insurance (BHSI) has introduced a crime protection policy along with a new executive impersonation coverage endorsement for large public and private companies in Canada. “Designed by BHSI executives with more than three decades in the fidelity and …

National Flood Services Launches Private Flood Product Suite

National Flood Services, a division of Affinity Insurance Services, has introduced a line of private flood insurance products that will be delivered via the FloodChoice agent system. The new products offer options for consumers and insurance agents. According to John …

South Carolina City Paints Patrol Car Like Taxi to Discourage Drunk Driving

The Spartanburg, S.C., Police Department has come up with a unique way to draw attention to the cost of drunk driving. The department announced last month that it will be stationing a police car in the downtown area with the …

North Carolina Lawmakers Send Bill Targeting Group Home Abuse to Governor

The General Assembly has agreed to put new rules in place targeting people who harm group home residents and increasing responsibilities on those who work at the homes to report abuse they see. The Senate agreed May 14 to its …

Man Files Lawsuit Claiming Cancer Institute in Kentucky Lost Piece of His Brain

A man has filed a lawsuit against Norton Healthcare in Kentucky, claiming employees lost a piece of his brain after surgery. The Courier-Journal reports 72-year-old Fred Habermel underwent surgery at Norton Cancer Institute in Louisville last year in an experimental …

FEMA Sends Out 1st Round of Letters Offering to Review Sandy Flood Claims

The Federal Emergency Management Agency on Monday mailed out its first round of letters to the National Flood Insurance Program policyholders who filed Superstorm Sandy-related claims, asking whether they want their claims reviewed. FEMA is mailing its letters beginning Monday …

News Archives by Month