Lindsay Scott has been named as the legislative liaison for the Ohio Department of Insurance. She will work in the Executive Office’s Legislative Affairs Division. Scott’s duties will include interfacing with legislators, government agencies and other stakeholders on insurance matters, …
An investigation led by former FBI Director Louis Freeh cleared the BP claims administrator of misconduct in handling settlement payouts from the 2010 oil spill in the Gulf of Mexico on Friday, but found some of his staff took kickbacks …
Insurance brokerage Beecher Carlson announced three promotions. Scott Davis has been promoted to president of Property and Casualty. Davis joined Beecher Carlson in 2004 with the responsibility of growing operations in Nashville and the large account Casualty practice. The practice …
August saw billion-dollar flood losses in China, Russia, Philippines and Pakistan, bringing an initial combined estimate of $10 billion in economic losses, Aon Benfield said in a report on natural disaster perils. According to the report by the firm’s Impact …
A New Jersey state appeals court has ruled that a text sender could be held liable for a crash caused by her text’s recipient — but only if the person sending the text believes the driver will immediately respond, and …
On August 14, Zurich Insurance chairman Josef Ackermann received financial chief Pierre Wauthier and head of investor relations James Quin at his office overlooking Lake Zurich to finalise the company’s second-quarter results, due for release the next day. Most of …
The city of Cincinnati created a hostile work environment and retaliated against a longtime firefighter, but he wasn’t targeted for his race, a jury concluded on Sept. 4. The verdict came after four days of deliberations and a weeklong trial …
Investors in a $7 billion Ponzi scheme orchestrated by convicted ex-Texas tycoon R. Allen Stanford have begun getting back some of what they lost after a recovery process that has dragged on for more than 4 1/2 years. However, the …
A state task force is mulling a plan that would assign more than 550,000 Colorado homes in wildfire-prone areas a risk rating that would be provided to insurance companies. The task force also discussed plans for a fee on homes …
Iowa City, Iowa, has reached a $1.85 million insurance settlement over a costly landfill fire last year. The Iowa City Council said during a Sept. 3 meeting that it had come to an agreement with The Travelers Companies for roughly …
