The vast majority of UK businesses (70 percent) are failing to address the importance of embedding a positive risk culture*, according to survey conducted by UK business insurance specialist QBE European Operations, which is part of Australia’s QBE Insurance Group. QBE …
The article Many UK Businesses Do Not Take Risk Culture Seriously: QBE Europe Survey appeared first on Insurance Journal.
San Francisco supervisors tabled further attempts to regulate home-shares this week, despite calls from some members to vote on a plan to limit short-term vacation rentals to 60 days a year. The vote by the Board of Supervisors to move …
The article Plan to Limit Vacation Rentals Held off in San Francisco for Now appeared first on Insurance Journal.
EPIC Insurance Brokers and Consultants, a retail property, casualty and employee benefits insurance brokerage and consultant, has added employee benefits consulting professional Davin Millholland to its growing Employer Services Platform (ESP). Millholland joins EPIC in its Southeast Region (based in Duluth, …
The article EPIC Adds Millholland to Southeast Region of Employer Services Platform appeared first on Insurance Journal.
“You would think the first question to ask would be: Do insured parties understand the elements and limitations of coverage?” said Kevin Kalinich, speaking on cyber risk. “The real first question is: Do the insurance companies understand?” Kalinich, global practice leader …
The article Where Cyber Insurance Underwriting Stands Today appeared first on Insurance Journal.
Risk managers purchasing cyber insurance cite reputational harm, business interruption and data breach response and notification costs as the chief exposures they are trying to address. The Risk Management Society (RIMS) recently conducted its first cyber survey. The survey featured …
The article Top 3 Reasons Firms Are Buying Cyber Insurance appeared first on Insurance Journal.
A lawsuit filed by the owner of a Wyoming refinery alleges six companies played roles in the installation of a valve that failed, causing a fire and $135 million in damage to the plant. Nobody was hurt in the fire …
The article Wyoming Refinery Owner Sues Blaming $135M Fire on Faulty Valve appeared first on Insurance Journal.
Pasadena, Calif.-based United Insurance Partners has named Paul Henry chief marketing officer. Henry will focus on retail sales and brokering. He has a background in commercial property/casualty insurance, and previously worked with Aon and AIG in various brokering, management and …
The article United Insurance Partners in California Names Henry Chief Marketing Officer appeared first on Insurance Journal.
AssuredPartners Inc. announced its acquisition of WorkforceTactix Inc., an independent employee benefits and HR professional services consulting firm with offices in Sparks and Salisbury, Maryland. Terms of the transaction were not disclosed. AssuredPartners said the transaction will help expand its …
The article AssuredPartners Acquires WorkforceTactix in Maryland appeared first on Insurance Journal.
A former Arkansas district judge convicted of drug charges has been sentenced in an unrelated mail fraud case involving American Indian artifacts. Bob Castleman, who was a judge in Pocahontas over a decade ago, has been sentenced to 21 months …
The article Arkansas Ex-Judge Sentenced in Insurance Fraud Case appeared first on Insurance Journal.
Maryland Insurance Commissioner Al Redmer, Jr., announced the appointment of Lynn Dickerson as the Maryland Insurance Administration’s (MIA) new associate commissioner, Property and Casualty. Dickerson brings years of executive-level experience in the property/casualty field, including a decade spent as vice …
The article Dickerson Joins Maryland Insurance Administration as Associate Commissioner appeared first on Insurance Journal.