Bermuda-based specialty insurer Ironshore Inc. promoted Timothy R. White to senior vice president of U.S. wholesale distribution. He will be based in Boston. White will be responsible for the strategy and planning of Ironshore’s U.S. wholesale business platform throughout the …
A group of mainly European retailers has finalized a plan to conduct coordinated inspections of factories in Bangladesh in an attempt to prevent a repeat of the Rana Plaza disaster that killed 1,129 people in April. The collapse of Rana …
Asiana Airlines Inc. could avoid hundreds of millions of dollars in verdicts and settlements by employing a tactic under international law to bar Chinese and South Korean passengers from suing in victim-friendly U.S. courts over the crash of Flight 214. …
CMIC, a Glastonbury, Conn.-based carrier offering medical professional liability insurance in New England, recently promoted Denise Condron to director of loss prevention.Her responsibilities include development and implementation of risk management services for healthcare professionals and hospitals.
The McGowan Companies, based in Fairview Park, Ohio, acquired the assets of Professional Risk Placements LLC in Red Bank, New Jersey. Professional Risk Placements will begin operating under the newly-formed “McGowan Risk Specialists” brand. Established in 1996, Professional Risk Placements …
Just a year after Congress imposed significant changes in the government’s oft-criticized flood insurance program, howls of protest from homeowners facing higher premiums have coastal lawmakers pressing for delays that would preserve below-cost rates for hundreds of thousands of people …
An explosion over the weekend at a natural gas well site in West Virginia operated by Antero Resources injured at least five people, prompting state and federal investigations, local officials and Antero said on Monday. A spark triggered a flash …
The Rhode Island Legislature passed legislation before adjournment on July 3 that could impact the pockets of Rhode Islanders when they have to pay for auto body repairs, according to the Property Casualty Insurers Association of America (PCI), an industry …
A Boston man who allegedly submitted a $2 million claim to The One Fund Boston on behalf of his dead aunt was arraigned on July 3, according to authorities. Branden Mattier, 22, of the South End, was arrested at his …
Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor announced that a department insurance fraud investigation involving a $2,400 claim has led to the sentencing of husband and wife, Tony and Patricia Pelfrey, of Cable, Ohio. Tony Pelfrey received …
