News – Insurance Journal

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16 03, 2021

Credit Suisse Risk Officer Discovered Greensill’s Insurance Would Expire in February

By | March 16th, 2021|Uncategorized|Comments Off on Credit Suisse Risk Officer Discovered Greensill’s Insurance Would Expire in February

ZURICH – Credit Suisse’s Chief Risk and Compliance Officer Lara Warner was not aware until late February that insurance related to British finance firm Greensill could expire on March 1, a spokeswoman said on Tuesday. “Contrary to certain reports, the …

16 03, 2021

Insurance Industry Groups Join Forces to Help Career-Break Women Return to Work

By | March 16th, 2021|Uncategorized|Comments Off on Insurance Industry Groups Join Forces to Help Career-Break Women Return to Work

Nine leading insurance industry businesses announced the creation of a program in the UK that will enable “career-break” professionals to return to work. The program will enable participating firms to tap into the “forgotten army” of experienced women who are …

16 03, 2021

Marsh & McLennan Drops &

By | March 16th, 2021|Uncategorized|Comments Off on Marsh & McLennan Drops &

In what the company acknowledges is a small branding change, professional services and insurance firm Marsh & McLennan has dropped the ampersand to become Marsh McLennan. The company says the change is meant to emphasize that Marsh McLennan is a …

16 03, 2021

Oliver Wyman Predicts COVID Herd Immunity for U.S. by Mid-Summer

By | March 16th, 2021|Uncategorized|Comments Off on Oliver Wyman Predicts COVID Herd Immunity for U.S. by Mid-Summer

The U.S. will reach herd immunity threshold when more than 71% of the U.S. population has been exposed to COVID or effectively vaccinated against it, most likely by mid-summer, says a management consultant firm that has been tracking COVID cases. …

16 03, 2021

TransRe CEO Sapnar to Step Down, Succeeded by Brandt

By | March 16th, 2021|Uncategorized|Comments Off on TransRe CEO Sapnar to Step Down, Succeeded by Brandt

TransRe President and CEO Mike Sapnar is leaving the company to pursue another opportunity. He’ll stay on the job through April 30 to help with the transition. Ken Brandt, currently TransRe’s co-president of Global Underwriting, will succeed him. A member …

16 03, 2021

New Jersey Ice Cream Manufacturer Cited for Safety Hazards Leading to Amputations

By | March 16th, 2021|Uncategorized|Comments Off on New Jersey Ice Cream Manufacturer Cited for Safety Hazards Leading to Amputations

Despite two severe amputation injuries in 2018 and 2020 on the same machine at a Lakewood, New Jersey, ice cream manufacturing plant, a recent federal safety and health inspection found the company continued to ignore protocols designed to prevent other …

16 03, 2021

New York Suit Against EPA Over GE’s Hudson River Cleanup Dismissed

By | March 16th, 2021|Uncategorized|Comments Off on New York Suit Against EPA Over GE’s Hudson River Cleanup Dismissed

A federal judge on Thursday dismissed a lawsuit from New York state against the federal Environmental Protection Agency over its 2019 decision that General Electric had completed a Hudson River dredging remediation project. The Times Union of Albany reported U.S. …

16 03, 2021

Disaster Loans Available for Drought Losses in Arizona Counties

By | March 16th, 2021|Uncategorized|Comments Off on Disaster Loans Available for Drought Losses in Arizona Counties

The U.S. Small Business Administration has announced that small non-farm businesses in all 15 counties in Arizona may apply for low-interest federal disaster loans to offset economic losses from drought. Eligibility includes businesses directly affected by the disaster as well …

16 03, 2021

Ryan Specialty Group Files for IPO

By | March 16th, 2021|Uncategorized|Comments Off on Ryan Specialty Group Files for IPO

Specialty insurance broker Ryan Specialty Group has filed a proposal with the Securities and Exchange Commission for an initial public offering (IPO). The number of shares of Class A common stock to be offered and the price range for the …

16 03, 2021

California Workers’ Compensation Institute Elects Board for 2021

By | March 16th, 2021|Uncategorized|Comments Off on California Workers’ Compensation Institute Elects Board for 2021

Matthew Zender of AmTrust North America, who has served on the executive committee of the California Workers’ Compensation Institute since 2018, has been reelected to serve another one-year term as chairman of the CWCI’s board of directors. Joining Zender on …