Berkley Corp. reported that Steven S. Zeitman has been named president of its excess and surplus lines carrier Admiral Insurance, succeeding James S. Carey. The appointment is effective immediately. Carey passed away in April. Zeitman has nearly 45 years of …
The article Zeitman Named President of Admiral Insurance, Succeeding Carey appeared first on Insurance Journal.
New York’s state Assembly has passed legislation that would let victims of medical malpractice file claims later than allowed now. Current law requires filing claims within two-and-a-half years after the act, omission or improper treatment. The legislation would start that …
The article N.Y. Assembly OKs Bill Allowing Later Claims for Medical Malpractice appeared first on Insurance Journal.
President Barack Obama vowed on Monday that the United States would aggressively bolster its cyber defenses, as U.S. officials said the probe into a massive breach of federal government networks has yielded growing signs of a direct Chinese role. Obama …
The article Obama Seeks ‘Nimble, Aggressive, Well-Resourced’ Cyber Defense appeared first on Insurance Journal.
The U.S. Justice Department is conducting a criminal investigation into the use of a highway guardrail system linked to at least eight deaths, according to people familiar with the matter, signaling a new wave of potential woes for manufacturer Trinity …
The article Public Corruption Probe Targets Trinity Guardrails, Federal Highway Agency: Sources appeared first on Insurance Journal.
Georgia’s new chief privacy officer appointed earlier this month said she will focus on training school districts about the importance of both collecting and protecting data on Georgia students. The position was created by a new student privacy law passed …
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HSBC pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire. Chief Executive Stuart Gulliver …
The article HSBC to Cut Up to 50,000 Jobs; Targets Growth of Asia Insurance Business appeared first on Insurance Journal.
Ironshore Inc. has named Kevin Whitehead as executive vice president and chief underwriting officer of the Specialty Casualty unit. He will be responsible for setting underwriting guidelines and strategies for existing and new product lines for Specialty Casualty nationwide. He …
The article Ironshore Names Whitehead Chief Underwriting Officer for Special Casualty appeared first on Insurance Journal.
Former American International Group Inc. Chairman Maurice “Hank” Greenberg claims the U.S. bailout of the company cheated shareholders out of at least $25 billion. On Wednesday, the judge presiding over his lawsuit will hear final arguments in the long-running case. …
The article Greenberg May Have Advantage with Judge Deciding AIG Bailout Challenge appeared first on Insurance Journal.
The U.S. Supreme Court probably shouldn’t have accepted a lawsuit challenging Obamacare’s health insurance subsidies, President Barack Obama said, calling it an “easy case.” “Frankly it probably shouldn’t have even been taken up,” Obama said Monday at a news conference …
The article President Obama ‘Optimistic’ Court Will Uphold Health Insurance Subsidies appeared first on Insurance Journal.
Uber lost a bid to force arbitration in a lawsuit brought by its drivers, as a U.S. judge ruled the smartphone-based taxi service’s 2013 and 2014 employment contracts dealing with arbitration from were “unconscionable, and therefore unenforceable.” The ruling, from …
The article Judge Denies Uber Arbitration in Dispute with Drivers appeared first on Insurance Journal.