News – Insurance Journal

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25 09, 2020

Boston Insurance Brokerage Appoints Driscoll as CEO

By | September 25th, 2020|Uncategorized|Comments Off on Boston Insurance Brokerage Appoints Driscoll as CEO

Boston Insurance Brokerage LLC (BIB) has appointed Keith Driscoll as CEO. Driscoll has been a member of the BIB team since 2013, beginning as vice president of the Workers’ Compensation Division before being promoted to executive vice president and chief …

25 09, 2020

New York Drywall Installer Arrested for Failing to Provide Workers’ Comp Insurance

By | September 25th, 2020|Uncategorized|Comments Off on New York Drywall Installer Arrested for Failing to Provide Workers’ Comp Insurance

New York State Inspector General Letizia Tagliafierro has announced the arrest of a capital region area drywall installer who allegedly failed to provide legally required workers’ compensation insurance to his employees. Dennis R. Hammonds, 40, owner and operator of Hammonds …

25 09, 2020

New York Again Ranks as Top Global Financial Hub But London Gains in Volatile Index

By | September 25th, 2020|Uncategorized|Comments Off on New York Again Ranks as Top Global Financial Hub But London Gains in Volatile Index

New York again heads the rankings of the world’s leading global financial centres. The Global Financial Centres Index 28, launched by London think tank Z/Yen Group in partnership with the China Development Institute (CDI), shows London improved its performance in …

25 09, 2020

Louisiana Agent’s License Suspended for Misappropriation, False Insurance Certificates

By | September 25th, 2020|Uncategorized|Comments Off on Louisiana Agent’s License Suspended for Misappropriation, False Insurance Certificates

A Lake Charles, Louisiana, insurance producer has been issued a cease and desist order and had her license suspended amid an investigation into misappropriation of insurance premiums and the issuing of false insurance certificates to customers. The Louisiana Department of …

25 09, 2020

1 Dead After Ohio Dump Truck Crash Sends Highway Sign Falling Onto Pickup

By | September 25th, 2020|Uncategorized|Comments Off on 1 Dead After Ohio Dump Truck Crash Sends Highway Sign Falling Onto Pickup

A dump truck struck the base of a sign on a Cleveland, Ohio, highway during the morning commute on Sept. 24, causing the sign to fall on a passing pickup truck and kill one person in the pickup, authorities said, …

25 09, 2020

Suit Filed in California Says Scooters Rented by Uber, Segway Don’t Have Turn Signals

By | September 25th, 2020|Uncategorized|Comments Off on Suit Filed in California Says Scooters Rented by Uber, Segway Don’t Have Turn Signals

A class action lawsuit has been filed against several scooter rental companies, including Uber and Segway, because the scooters don’t have turn signals and the makers don’t warn consumers about that danger. The suit was filed on Thursday on behalf …

25 09, 2020

New Crash Test Dummy Is a 3-Year Old

By | September 25th, 2020|Uncategorized|Comments Off on New Crash Test Dummy Is a 3-Year Old

The National Highway Traffic Safety Administration has a new crash test dummy. Known as the Q3s, the new crash test dummy represents a 3-year-old child and is the first child side impact dummy in federal regulations. Q3 was specifically designed …

24 09, 2020

Chinese Companies Lag Far Behind in Climate Risk Disclosure

By | September 24th, 2020|Uncategorized|Comments Off on Chinese Companies Lag Far Behind in Climate Risk Disclosure

A report on the current state of climate risk disclosures among the largest companies in China and the United States found that Chinese companies lag significantly behind their global peers in the S&P 500 in climate risk disclosures and need …

25 09, 2020

Arch Forms Underwriting Partnership with ProHost for Restaurant Industry Program

By | September 25th, 2020|Uncategorized|Comments Off on Arch Forms Underwriting Partnership with ProHost for Restaurant Industry Program

Arch Insurance has formed an underwriting partnership with ProHost USA, a Minneapolis-based insurance program administrator providing specialty packages to the restaurant industry. ProHost USA is part of Distinguished Programs, a national program administrator. Retail agents can now learn about and …

25 09, 2020

Brazil’s State-Owned Caixa Again Postpones IPO of Its Insurance Unit

By | September 25th, 2020|Uncategorized|Comments Off on Brazil’s State-Owned Caixa Again Postpones IPO of Its Insurance Unit

Brazilian state-owned lender Caixa Economica Federal said on Thursday that it had indefinitely postponed plans for an initial public offering of its insurance unit Caixa Seguridade, the second time this year the high-profile deal has been put off. Caixa Economica …