July 12, 2013
Taiwan is bracing for a direct hit by Typhoon Soulik early tomorrow, prompting precautionary evacuations due to the risk of landslides, and airlines predicting high winds that would disrupt flights. Soulik may make landfall in northeastern Yilan or eastern Hualien …
July 12, 2013
Lloyd’s insurer Advent has named Nigel Fitzgerald as chief executive officer. The company said the appointment completes his planned transition to the CEO role since his arrival at Advent in November, 2012 as chief operating officer. Fitzgerald succeeds James Migliorini, …
July 12, 2013
Toledo, Ohio-based insurance brokerage, Hylant, recently promoted Kevin O’Donnell to Global Practice Executive (GPE). He is based in Hylant’s Detroit, Mich., office. In his new role, O’Donnell will be responsible for the development, growth and vision of Hylant’s global practice. …
July 12, 2013
Iowa’s largest health insurer is closing its Sioux City office and eliminating more than 100 local jobs. Wellmark Blue Cross & Blue Shield announced that the First Administrators, or FAI, office will close in early 2014. The third-party administrator processes …
July 12, 2013
Missouri Gov. Jay Nixon has signed legislation raising charges on businesses to replenish an insolvent state fund that provides benefits to disabled workers The new law will temporarily double the surcharge that businesses pay on their workers’ compensation insurance in …
July 11, 2013
Federal safety regulators have fined a construction company for the death of a worker at a Fayetteville, Ark., apartment complex. The Occupational Safety and Hazard Administration fined Business Construction Services LLC $7,600 over the death in May of 20-year-old Brannon …
July 11, 2013
Houston-based HCC Insurance Holdings Inc. announced that Parthasarathy Srinivasa has joined HCC as senior vice president and chief information officer (CIO), reporting to William N. Burke, HCC’s president and chief operating officer. Srinivasa has 20 years of information technology (IT) …
July 11, 2013
It’s safe to say there’s a lot going on in the homeowners insurance scene in Colorado, where homeowners insurance rates are likely to be on the rise for some time. Insured losses from the recently doused Black Forest fire should …
July 11, 2013
The California Department of Insurance announced a settlement with Zurich American Insurance Co. and Zurich American Insurance Co. of Illinois over what CDI alleged was improper use of workers’ compensation insurance agreements. Zurich’s agreements forced California employers to arbitrate commercial …
July 11, 2013
House Republicans passed a five-year U.S. farm-policy bill that retains subsidies to farmers and strips out food-stamp spending, costing it Democratic support. The plan was approved today 216-208, with no Democrats in support. The measure also would repeal underlying provisions …