Validus Re, the reinsurance division of Bermuda-based Validus Holdings Ltd., has appointed Jorge Beltran as executive vice president, head of Treaty, for Validus Reaseguros Inc. In this new role, Beltran will be responsible for the implementation and execution of Validus Re’s …
Federal safety officials have cited a San Marcos, Texas, auto parts maker and its staffing employer for heat, noise and other workplace hazards. Corvac Composites LLC and Priority Personnel Inc. were fined a total of $43,000 by the U.S. Department …
Willis Group Holdings has appointed Nicolas Aubert as CEO of Willis Limited, the Willis Group’s principal UK regulated entity. The appointment, which has received regulatory approval from the Financial Conduct Authority (FCA), takes effect immediately. Aubert takes over responsibility “for …
Iowa’s dominant health insurer has agreed to start selling policies for 2017 that will qualify for subsidies under the Affordable Care Act, the company announced. Wellmark Blue Cross & Blue Shield has not previously participated in the Affordable Care Act’s …
A Roman Catholic religious order has agreed to pay $300,000 to a former student at a suburban St. Louis, Mo., high school to settle claims that a teacher at the school sexually abused him. The settlement was announced on Oct. …
Goji, a Boston-based independent online insurance agency with a focus on auto insurance, hired Amit Basak as president. Basak will work with Goji Chief Executive Officer Steve Kezirian and will directly oversee the product, marketing, finance and analytics functions at …
Risk Theory LLC, a distribution and program management firm for property/casualty insurance headquartered in Dallas, has added Bob Tschippert as senior vice president of Dealer Services. Tschippert has over 31 years of experience managing sales, claims and underwriting units specializing in …
IRB Brasil RE, the country’s biggest reinsurer, postponed its initial public offering amid market turmoil, Reuters reported, citing unidentified people with knowledge of the matter. Investment banks managing the sale found it unfeasible to proceed, Reuters said. The government expected to …
New York state is setting aside $20 million to build affordable housing units in communities that were damaged by Superstorm Sandy and other severe weather systems in recent years. New York Gov. Andrew Cuomo’s office announced the funds Sept. 30. …
Michigan drivers pulled over by the police will be able to show proof of their auto insurance on a phone or another mobile device instead of having to provide a hard copy under legislation signed by Gov. Rick Snyder. The …