Concord Specialty Risk, a New York City-based managing general underwriter and underwriting agent for a number of carriers and a series of RSG Underwriting Managers LLC, specializing in providing transactional risk insurance, hired Lidore DeRose as senior underwriting counsel, representations …
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The ridesharing service Uber has agreed to pay Alaska more than $77,900 in connection to unpaid workers’ compensation insurance for its drivers. In the Aug. 25 settlement, the company admitted no wrongdoing, but agreed not to return to Alaska until …
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Robert Kincaid, a patient suffering from schizophrenia, was lying on the floor in a dayroom at Western State Hospital in Washington, choking on a piece of orange for almost eight minutes before staff members stopped to help him, according to …
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The Kentucky Supreme Court has reinstated a jury’s $300,000 award to a former Louisville, Ky., assistant track coach who claimed she was fired for filing a sexual harassment complaint. The Supreme Court said on August 20 that Mary Banker is …
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Hub International Ltd. announced today that it has acquired the assets of Brown Agency Inc. in Kenai, Alaska. Terms of the deal were not disclosed. Brown is a multi-line agency providing commercial and personal insurance services, as well as employee …
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The insurance sector has been hiring all year and appears on track to continue to add personnel. The Bureau of Labor Statistics reported that the unemployment rate for the finance and insurance industry was at 2.1 percent in July, down …
The article P/C Insurance Industry’s Low Unemployment Rate Likely to Go Lower appeared first on Insurance Journal.
The Mississippi Rating Bureau has lowered the fire ratings in two areas of West Jackson County, Miss., a move that can lower fire insurance costs for homeowners and businesses. The Sun Herald reports the Mississippi State Rating Bureau lowered the …
The article Insurance Costs to Decrease in Mississippi County After Fire Ratings Lowered appeared first on Insurance Journal.
About 300,000 Massachusetts residents who buy their own health insurance or work for small businesses are about to see their premiums jump more than 6 percent on average. The increase approved by the state Division of Insurance that takes effect …
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New research shows floods like the one that ransacked northern Colorado two years ago, killing 10 people, might be more common than previously thought _ and that could require more homeowners to get flood insurance and trigger more stringent construction …
The article Flood Zone Expansion Could Raise Insurance Costs for Some Coloradans appeared first on Insurance Journal.
French reinsurer SCOR Group has appointed Nicolas Tissot as the Group’s Chief Operating Officer (COO), effective as of today, August 31. He reports to Chairman and CEO Denis Kessler, and joins the SCOR Group Executive Committee. The announcement explained that the …
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