Edgewood Partners Insurance Center has named Christopher R. Mitchell senior vice president of sales in the firm’s Northern California Bay Area property/casualty insurance division. Mitchell will be based in Concord, Calif. and report to Curt Perata, managing principal and director …
Between 2010 and 2013, there were more than 900 data breaches of protected health information affecting at least 500 individuals, with most of them resulting from overt criminal activity, according to a study in the April 14 issue of the …
Citing the growing importance of analytics, collaboration and data-driven workflow applications in risk management, Marsh is rebranding its STARS software unit as Marsh ClearSight and broadening its business intelligence capabilities. ClearSight will further integrate its risk, safety and claims management …
Specialty broker AmWINS Group Inc. has launched an Engineered Risk Practice within its brokerage division. The Highly Protected Risk (HPR)/Engineered Risk practice handles property placements for insureds with generally $250 million in total insurable value (TIV) and up, including risks …
The depiction of workers’ compensation fraud by the media has affected the public’s perception of the crime, according to claims experts. While workers’ comp fraud is often depicted in a comedic way, that isn’t the case when it comes to …
Vienna Insurance Group AG wrote down debt of Austrian “bad bank” Heta Asset Resolution AG by 80 million euros ($85 million), a larger amount than expected, causing the firm to miss estimates for profit last year. The insurer, based in …
The American Insurance Association (AIA) announced that David F. Pearce Jr. has been named vice president, director of tax policy for the association. Pearce previously served as a partner at American Continental Group. Before joining American Continental Group, Pearce previously …
Honda Motor Co. Ltd.’s American unit on Monday confirmed that a faulty airbag inflator made by Takata Corp. ruptured in a March 20 crash of a car in Florida, injuring the driver. A Honda vehicle’s airbag exploded and a piece …
DUAL, the underwriting agency arm of Hyperion Insurance Group, has opened its first office in The Netherlands. The Rotterdam office will initially write marine and energy lines with DUAL’s complete suite of products added over time, according to DUAL in …
A new report on water insecurity says floods and drought amid climate change and a lack of investment in reliable water supplies is weighing on the global economy by tens of billions of dollars a year. “Water is productive and …
