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25 09, 2015

Corporate Synergies in New Jersey Announces 2 Appointments

By | September 25th, 2015|Recent Articles|Comments Off on Corporate Synergies in New Jersey Announces 2 Appointments

Corporate Synergies, a property/casualty brokerage and employee benefits consulting firm based in Mount Laurel, New Jersey, hired Alex Alday as vice president of account management. Alday recently worked at Lyons Companies as commercial lines team Leader before joining Corporate Synergies. …

24 09, 2015

ADB, OECD Call for Governments, Insurers to Address Disaster Relief

By | September 24th, 2015|Recent Articles|Comments Off on ADB, OECD Call for Governments, Insurers to Address Disaster Relief

Representatives from the Asian Development Bank (ADB) and the Organization for Economic Cooperation and Development’s (OECD) Global Seminar on Disaster Risk Financing fostered an in-depth debate on the development of effective approaches to the financial management of disaster risks, in …

24 09, 2015

Der Manouel Taps Wood as Marketing Director in California

By | September 24th, 2015|Recent Articles|Comments Off on Der Manouel Taps Wood as Marketing Director in California

Der Manouel Insurance Group in California has named Jim Wood as director of marketing. Wood will work with the DMIG consultants and service staff in finding the carrier solutions for clients. He will also help to develop industry specific programs …

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

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 …

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 …

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 …

24 09, 2015

Tropical Rains a Mixed Bag for Southwest Drought Relief

By | September 24th, 2015|Recent Articles|Comments Off on Tropical Rains a Mixed Bag for Southwest Drought Relief

The tropical Pacific is sending a big dollop of rain into the U.S. Southwest. While it won’t help much in drought-ridden California, it’s another step in the right direction for Arizona and New Mexico. The annual monsoon can ease the …

25 09, 2015

North Carolina Fines Companies Involved in Fatal Scaffolding Accident

By | September 25th, 2015|Recent Articles|Comments Off on North Carolina Fines Companies Involved in Fatal Scaffolding Accident

The North Carolina Labor Department has fined three companies in connection with the deaths of three workers killed when scaffolding fell at a high-rise construction project in downtown Raleigh, including one that was cited for violations described as willful and …

24 09, 2015

WSJ: Towers Watson CEO Haley Sold Shares During Willis Merger Talks

By | September 24th, 2015|Recent Articles|Comments Off on WSJ: Towers Watson CEO Haley Sold Shares During Willis Merger Talks

Towers Watson & Co. Chief Executive John Haley sold shares in the human resources consultancy for a profit of about $9.7 million while the company was discussing a merger with Willis Group Holdings, the Wall Street Journal reported. The announcement …