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15 07, 2015

California Bill Would Require Disclosure of Construction Settlements

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Construction companies will have to disclose building defects such as those that could have contributed to a deadly balcony collapse in Berkeley under a state legislative proposal . The bill by two Northern California state lawmakers would require construction companies …

The article California Bill Would Require Disclosure of Construction Settlements appeared first on Insurance Journal.

14 07, 2015

Chappell Joins Lockton as Property/Casualty COO in Dallas/Ft. Worth

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Insurance broker Lockton has added Jay Chappell in its Dallas/Ft. Worth operations as chief operating officer for its property/casualty business. Chappell will provide leadership and strategic business oversight for client service for Lockton’s risk management operation, which serves more than 808 clients with …

The article Chappell Joins Lockton as Property/Casualty COO in Dallas/Ft. Worth appeared first on Insurance Journal.

15 07, 2015

Myers to Receive Award From Insurance Library Association of Boston

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The Insurance Library Association of Boston has selected John A. Myers, chairman of Associated Industries of Massachusetts Mutual Insurance Companies (A.I.M. Mutual), as the 2015 Insurance Professional of the Year Award winner. This year’s award ceremony will take place on …

The article Myers to Receive Award From Insurance Library Association of Boston appeared first on Insurance Journal.

14 07, 2015

CFC Launches Cyber Policy for U.S. Healthcare Providers

By | July 14th, 2015|Recent Articles|Comments Off on CFC Launches Cyber Policy for U.S. Healthcare Providers

Specialist lines underwriting agency, CFC, has extended its cyber product suite with the launch of a new policy developed specifically for U.S. healthcare providers. According to CFC’s Cyber Practice Leader, Vicky Paxton, “Healthcare companies have arguably become the largest target …

The article CFC Launches Cyber Policy for U.S. Healthcare Providers appeared first on Insurance Journal.

15 07, 2015

Federal Court Rules Against Religious Groups Over Birth Control Coverage Opt-Out

By | July 15th, 2015|Recent Articles|Comments Off on Federal Court Rules Against Religious Groups Over Birth Control Coverage Opt-Out

Religious nonprofit groups must formally opt out of a U.S. health-care mandate if they wish to avoid a requirement that employers provide health-insurance coverage for birth control, a federal appeals court said. The decision is the second win for President …

The article Federal Court Rules Against Religious Groups Over Birth Control Coverage Opt-Out appeared first on Insurance Journal.

14 07, 2015

High Winds, Tornadoes Damage Parts of Midwest

By | July 14th, 2015|Recent Articles|Comments Off on High Winds, Tornadoes Damage Parts of Midwest

Several Midwest states have been hit with damaging winds, tornadoes and flooding over the past several days. Forecasters say at least four unconfirmed tornadoes may touched down in western Minnesota when strong storms moved through the state. In Indiana, residents …

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15 07, 2015

International Underwriting Association Elects New Market Committee Leaders

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The London-based International Underwriting Association’s new Delegated Authority Underwriting Group has held its first meeting and elected Paul Rich of Inter Hannover as its chairman. Matt Gordon of Aviva has been appointed deputy chairman. The group was established in response …

The article International Underwriting Association Elects New Market Committee Leaders appeared first on Insurance Journal.

14 07, 2015

NYC Reaches $5.9M Settlement in Eric Garner Chokehold Death Case

By | July 14th, 2015|Recent Articles|Comments Off on NYC Reaches $5.9M Settlement in Eric Garner Chokehold Death Case

New York City reached a $5.9 million settlement with the family of an unarmed black man who died after being put in a choke-hold by a police officer. Eric Garner’s death in a confrontation over the sale of loose cigarettes …

The article NYC Reaches $5.9M Settlement in Eric Garner Chokehold Death Case appeared first on Insurance Journal.

15 07, 2015

Willis Dealmaker Walkiewicz Hires Shea for Capital Markets Role

By | July 15th, 2015|Recent Articles|Comments Off on Willis Dealmaker Walkiewicz Hires Shea for Capital Markets Role

Willis Group Holdings Plc has hired Brian Shea as head of Europe for the investment banking division as the insurance broker seeks to arrange more deals. Shea, 49, joins from reinsurer SCOR SE. He was previously the head of the European …

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14 07, 2015

A.M. Best: Volatility of China Stock Market Not Expected to Hit Insurer Ratings

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The recent volatility of China’s stock market is not expected to affect the ratings of domestic insurers, according to a new briefing issued by A.M. Best. Putting the volatility into context, A.M. Best noted that the Shanghai Composite Index fell sharply, …

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