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28 09, 2015

California Gas and Electric Company Seeks to Split Costs on Uninsured Fire

By | September 28th, 2015|Recent Articles|Comments Off on California Gas and Electric Company Seeks to Split Costs on Uninsured Fire

San Diego Gas and Electric is seeking authority to bill its customers $379 million for legal settlement costs left over from 2007 wildfires that destroyed 1,300 homes and killed two people. In filings with state regulators Friday, SDG&E said customers …

28 09, 2015

Mass. AG: Encompass to Pay for Repair of Vehicles Brought to Unregistered Shops

By | September 28th, 2015|Recent Articles|Comments Off on Mass. AG: Encompass to Pay for Repair of Vehicles Brought to Unregistered Shops

A subsidiary of Allstate has agreed to pay for the correction of faulty repair work performed on motor vehicles brought to unregistered body shops in Massachusetts, Attorney General Maura Healey announced on Sept. 24. The assurance of discontinuance with Encompass …

24 09, 2015

Treasury Names 9 to Panel on Private Insurance Market for Terrorism Risk

By | September 24th, 2015|Recent Articles|Comments Off on Treasury Names 9 to Panel on Private Insurance Market for Terrorism Risk

The U.S. Department of the Treasury today announced the appointment of nine people to serve as members of the Advisory Committee on Risk-Sharing Mechanisms (ACRSM) to spur the private market for terrorism insurance. The ACRSM, authorized by the Terrorism Risk …

25 09, 2015

Great American Insurance Names Niehaus Property/Casualty Sr. VP

By | September 25th, 2015|Recent Articles|Comments Off on Great American Insurance Names Niehaus Property/Casualty Sr. VP

Great American Insurance Group based in Cincinnati, Ohio, has named James (Jim) R. Niehaus was named senior vice president and chief information officer of its Property and Casualty Group. Niehaus joined the Great American in 2007 as divisional assistant vice president …

25 09, 2015

Delaware Gov. Markell, Education Officials Tout Statewide School Safety Efforts

By | September 25th, 2015|Recent Articles|Comments Off on Delaware Gov. Markell, Education Officials Tout Statewide School Safety Efforts

Delaware officials are celebrating the completion of a statewide effort to improve safety in public schools. Delaware Gov. Jack Markell joined education and law enforcement officials Tuesday to recognize the completion of comprehensive safety plans across Delaware’s school system. Officials …

28 09, 2015

Typhoon Dujuan Nears Taiwan with Rain, Wind; Airlines Cancel Flights

By | September 28th, 2015|Recent Articles|Comments Off on Typhoon Dujuan Nears Taiwan with Rain, Wind; Airlines Cancel Flights

Typhoon Dujuan lashed Taiwan with rain and wind as it neared the island on Monday, forcing schools to shut and disrupting land and air traffic. Cathay Pacific Airways Ltd. canceled or delayed about 30 flights Monday and Tuesday, the airline …

24 09, 2015

EU Supervisors Face ‘Binding Mediation’ on Simple ABS Disagreements

By | September 24th, 2015|Recent Articles|Comments Off on EU Supervisors Face ‘Binding Mediation’ on Simple ABS Disagreements

National authorities in the European Union will have to submit to binding arbitration if they can’t decide whether to apply the bloc’s new rules on simple securitizations to a transaction, a European Commission document shows. In the undated draft regulation on …

25 09, 2015

USI Insurance Services Acquires Benefit Controls of the Carolinas

By | September 25th, 2015|Recent Articles|Comments Off on USI Insurance Services Acquires Benefit Controls of the Carolinas

USI Insurance Services has acquired the employee benefits business of Benefit Controls of the Carolinas, Inc. This is the first acquisition in North Carolina for USI. An employee benefits consulting firm, Benefit Controls of the Carolinas, Inc. designs and manages …

24 09, 2015

Washington Labor Department Seeks 2% Workers’ Comp Rate Hike

By | September 24th, 2015|Recent Articles|Comments Off on Washington Labor Department Seeks 2% Workers’ Comp Rate Hike

The Washington State Department of Labor & Industries is proposing an average 2 percent rate workers’ compensation increase for 2016. Each fall L&I sets workers’ comp rates for the following year. L&I looks at expected workers’ comp payouts, the size …

29 09, 2015

PartnerRe Files Definitive Proxy to Seal Acquisition by EXOR

By | September 29th, 2015|Recent Articles|Comments Off on PartnerRe Files Definitive Proxy to Seal Acquisition by EXOR

Bermuda-based PartnerRe Ltd. announced that a Special General Meeting of shareholders will take place on Thursday, November 19, 2015 to vote on the previously announced merger agreement between PartnerRe and EXOR, and all related transactions. The company filed a “Definitive …