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23 06, 2015

Canada Lays New Charges Against Railway in Lac-Megantic Derailment

By | June 23rd, 2015|Recent Articles|Comments Off on Canada Lays New Charges Against Railway in Lac-Megantic Derailment

The Canadian government has hit Montreal, Maine & Atlantic Railway Ltd. with fresh charges over a 2013 derailment that killed 47 people. The charges were laid Monday against the company and its president, Robert Grindrod, according to Zach Segal, a …

The article Canada Lays New Charges Against Railway in Lac-Megantic Derailment appeared first on Insurance Journal.

18 06, 2015

N.J. Police Captain Accused of Illegally Accessing Private Insurance Database

By | June 18th, 2015|Recent Articles|Comments Off on N.J. Police Captain Accused of Illegally Accessing Private Insurance Database

Authorities have accused a Newark, New Jersey, police captain and a former officer of illegally accessing a private insurance database to sell the information to others. Capt. Anthony Buono of Millstone, New Jersey, and former Officer Dino D’Elia of Nutley, …

The article N.J. Police Captain Accused of Illegally Accessing Private Insurance Database appeared first on Insurance Journal.

19 06, 2015

How Ruling That Drivers Are Employees Upends Uber Business Model

By | June 19th, 2015|Recent Articles|Comments Off on How Ruling That Drivers Are Employees Upends Uber Business Model

f you’re a freelance writer who occasionally sells articles to a website, are you actually an employee? If you live in California, I think the answer might be — yes? The California Labor commissioner has ruled that Uber drivers are employees, not …

The article How Ruling That Drivers Are Employees Upends Uber Business Model appeared first on Insurance Journal.

16 06, 2015

Marsh Study Reveals Many UK Firms Fail to Adequately Assess Cyber Threats

By | June 16th, 2015|Recent Articles|Comments Off on Marsh Study Reveals Many UK Firms Fail to Adequately Assess Cyber Threats

Many UK firms are failing to adequately assess their customers and trading partners for cyber risk, and are more vulnerable to cyber attacks themselves as a result, according to a study published by Marsh. Marsh’s Cyber Risk Survey Report found …

The article Marsh Study Reveals Many UK Firms Fail to Adequately Assess Cyber Threats appeared first on Insurance Journal.

18 06, 2015

High-Net Worth Insurer PURE Group Recapitalizes with Stone Point Capital, KKR

By | June 18th, 2015|Recent Articles|Comments Off on High-Net Worth Insurer PURE Group Recapitalizes with Stone Point Capital, KKR

Privilege Underwriters Inc., the holding company for the PURE Group of Insurance Companies, including the member-owned Privilege Underwriters Reciprocal Exchange (PURE), said it is recapitalizing with equity investments from funds managed by private equity firm Stone Point Capital, investment firm …

The article High-Net Worth Insurer PURE Group Recapitalizes with Stone Point Capital, KKR appeared first on Insurance Journal.

22 06, 2015

WCRI: Georgia Workers Comp Indemnity Benefits Key Cost Contributor

By | June 22nd, 2015|Recent Articles|Comments Off on WCRI: Georgia Workers Comp Indemnity Benefits Key Cost Contributor

Indemnity benefits per claim with more than seven days of lost time in Georgia were among the highest of the 17 study states and the main contributor to the higher total costs per claim in the state, according to a …

The article WCRI: Georgia Workers Comp Indemnity Benefits Key Cost Contributor appeared first on Insurance Journal.

17 06, 2015

Alliant Insurance Services Hires Ostrau as Senior VP in New York

By | June 17th, 2015|Recent Articles|Comments Off on Alliant Insurance Services Hires Ostrau as Senior VP in New York

Alliant Insurance Services, a specialty insurance brokerage based in Newport Beach, California, hired Jon Ostrau as senior vice president for its Alliant Americas division. Ostrau will be based in Alliant’s New York office. Ostrau will be responsible for the delivery …

The article Alliant Insurance Services Hires Ostrau as Senior VP in New York appeared first on Insurance Journal.

19 06, 2015

Swiss Re to Expand Infrastructure Investments: Chief Investment Officer

By | June 19th, 2015|Recent Articles|Comments Off on Swiss Re to Expand Infrastructure Investments: Chief Investment Officer

Swiss Re AG Chief Investment Officer Guido Fuerer said the world’s second-biggest reinsurer would invest as much as 5 percent of its funds in infrastructure if securities used to fund projects were more easily tradeable. “The fact that we have invested …

The article Swiss Re to Expand Infrastructure Investments: Chief Investment Officer appeared first on Insurance Journal.

18 06, 2015

Probe Under Way in California Balcony Collapse as Victims Mourned

By | June 18th, 2015|Recent Articles|Comments Off on Probe Under Way in California Balcony Collapse as Victims Mourned

A group of Irish and Irish-American young men and women were enjoying their last blast summer in California before cracking down with college and careers, a rite of passage tens of thousands from the Emerald Isle have taken over the …

The article Probe Under Way in California Balcony Collapse as Victims Mourned appeared first on Insurance Journal.

19 06, 2015

World Cup Insurers Face Many Claims, Disputes Over Russia, Qatar

By | June 19th, 2015|Recent Articles|Comments Off on World Cup Insurers Face Many Claims, Disputes Over Russia, Qatar

World Cup insurers are likely to refuse to pay out on many cancellation contracts if Russia and Qatar lose the rights to hold the tournaments because of fraud, industry experts said. Russia and Qatar could be stripped of their World …

The article World Cup Insurers Face Many Claims, Disputes Over Russia, Qatar appeared first on Insurance Journal.