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29 10, 2015

Lovitt & Touché in Arizona Names Osborn Vice President

By | October 29th, 2015|Recent Articles|Comments Off on Lovitt & Touché in Arizona Names Osborn Vice President

Arizona-based Lovitt & Touché has named Magdalena Osborn vice president and general counsel. Osborn will oversee the firm’s strategic and tactical legal activities, and assist with operational strategies and initiatives. Osborn was formerly with Rusing, Lopez & Lizardi. Lovitt & …

30 10, 2015

New British Insurance Premium Tax Hike Could Further Squeeze Insurer Margins

By | October 30th, 2015|Recent Articles|Comments Off on New British Insurance Premium Tax Hike Could Further Squeeze Insurer Margins

A tax hike on British motor and home insurance policies effective from Sunday is set to hit consumers and could trigger a fresh round of margin-squeezing price competition among general insurers. The jump in the insurance premium tax (IPT), to …

29 10, 2015

National Tire and Battery to Pay $22.5K to Settle Employee Harassment Suit

By | October 29th, 2015|Recent Articles|Comments Off on National Tire and Battery to Pay $22.5K to Settle Employee Harassment Suit

National Tire and Battery (NTB) will pay $22,500 to a former employee to resolve a national origin and religious harassment lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced. According to EEOC’s suit, an Arab and …

30 10, 2015

Aviva CEO: Jump in New Business Will Allay Fears About Friends Life Acquisition

By | October 30th, 2015|Recent Articles|Comments Off on Aviva CEO: Jump in New Business Will Allay Fears About Friends Life Acquisition

Aviva Plc Chief Executive Officer Mark Wilson said a 25 percent jump in new business in the first nine months of the year should allay concerns that his 5.6 billion- pound ($8.6 billion) acquisition of Friends Life Group Ltd. was a …

29 10, 2015

188 People Sickened by Infection Tied to California Restaurant

By | October 29th, 2015|Recent Articles|Comments Off on 188 People Sickened by Infection Tied to California Restaurant

Public health officials in California say at least 188 people in six counties have contracted a bacterial infection after eating at a San Francisco Bay Area restaurant. The Santa Clara County Public Health Department issued a warning to people who …

30 10, 2015

XL Catlin Appoints Murias Senior Aviation Underwriter for Brazil

By | October 30th, 2015|Recent Articles|Comments Off on XL Catlin Appoints Murias Senior Aviation Underwriter for Brazil

XL Catlin announced that it has strengthened its Aviation insurance capabilities in Brazil with the appointment of senior underwriter, Daniela Murias, based in Sao Paulo. She has over 15 years’ experience in the aviation industry and extensive knowledge of the …

29 10, 2015

Insurance Agents & Brokers in Penn. Announces Newly Elected Directors

By | October 29th, 2015|Recent Articles|Comments Off on Insurance Agents & Brokers in Penn. Announces Newly Elected Directors

The fall marks a new administrative year for Insurance Agents & Brokers Service Group in Mechanicsburg, Pennsylvania, and its partnership of agents’ associations in Delaware, Maryland and Pennsylvania. The organization held elections for directors at its annual meeting on Oct. …

30 10, 2015

Lloyd’s China, Tokio Marine Kiln & PICC Sign Intellectual Property Liability Deal

By | October 30th, 2015|Recent Articles|Comments Off on Lloyd’s China, Tokio Marine Kiln & PICC Sign Intellectual Property Liability Deal

Lloyd’s China, Tokio Marine Kiln and People’s Insurance Company of China Property and Casualty Company (PICC P&C) signed a memorandum of understanding (MoU) to provide intellectual property infringement liability insurance in China. Signed on Oct. 29 at PICC’s head office in …

29 10, 2015

Judge Orders Wyoming Restaurant to Pay $11.4M in Salmonella Case

By | October 29th, 2015|Recent Articles|Comments Off on Judge Orders Wyoming Restaurant to Pay $11.4M in Salmonella Case

A judge has ordered a Cheyenne, Wyo. restaurant to pay a Nebraska couple nearly $11.4 million after the husband contracted salmonella poisoning. The Casper Star-Tribune reported Christopher Gage and his wife, Heather, sued the Old Country Buffet and its operator …

30 10, 2015

Aon’s Q3 2015 Net Income down 5%; 15% for 1st 9 Months

By | October 30th, 2015|Recent Articles|Comments Off on Aon’s Q3 2015 Net Income down 5%; 15% for 1st 9 Months

Aon plc’s third quarter and 1st 9 months 2015 Earnings report shows an overall decline in revenue and profits, compared to the same periods in 2014. Net income attributable to Aon shareholders was $295 million, or $1.04 per share, compared …