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27 05, 2020

Florida CFO to Focus On Pandemic Business Liability Protections in 2021 Session

By | May 27th, 2020|Uncategorized|Comments Off on Florida CFO to Focus On Pandemic Business Liability Protections in 2021 Session

Florida CFO Jimmy Patronis said he will pursue legislation that establishes liability protections for businesses in the next legislative session slated to start in March 2021. The Florida Department of Financial Services said in a statement that Patronis is currently …

27 05, 2020

Swiss Re Corporate Solutions Names Hunziker as APAC Head Property & Specialty

By | May 27th, 2020|Uncategorized|Comments Off on Swiss Re Corporate Solutions Names Hunziker as APAC Head Property & Specialty

Swiss Re Corporate Solutions has appointed Robert Hunziker as Asia Pacific Head Property & Specialty, effective Sept. 1, 2020. In this role, Hunziker will be responsible for providing underwriting leadership, portfolio steering and growing the Property & Specialty product offering …

27 05, 2020

Severe Storm Batters Coast of West Australia

By | May 27th, 2020|Uncategorized|Comments Off on Severe Storm Batters Coast of West Australia

Tens of thousands of homes and businesses lost power, buildings were battered and trees were uprooted as a vast stretch of the west Australian coast was whipped by a severe storm on Monday for the second straight day. No casualties …

27 05, 2020

Liberty Mutual Appoints Perez to Chief Underwriting Officer of Global Risk Solutions

By | May 27th, 2020|Uncategorized|Comments Off on Liberty Mutual Appoints Perez to Chief Underwriting Officer of Global Risk Solutions

Liberty Mutual Insurance has appointed David Perez as chief underwriting officer for Global Risk Solutions (GRS). GRS is Liberty Mutual’s global commercial and specialty lines reinsurer that provides a full range of traditional insurance, specialty and reinsurance risk solutions to …

27 05, 2020

Massachusetts Begins Phased Reopening, Implements Safety Standards for Workplaces

By | May 27th, 2020|Uncategorized|Comments Off on Massachusetts Begins Phased Reopening, Implements Safety Standards for Workplaces

Massachusetts Governor Charlie Baker has implemented mandatory safety standards for workplaces to reduce the risk of COVID-19 transmissions as the state begins its phased reopening of businesses. All businesses in Massachusetts must develop a written plan for how they will …

26 05, 2020

EU Urged to Create Insurance Catastrophe Backstop for Pandemics, Huge Cyber Attacks

By | May 26th, 2020|Uncategorized|Comments Off on EU Urged to Create Insurance Catastrophe Backstop for Pandemics, Huge Cyber Attacks

A European Union framework is needed to provide insurance cover for catastrophes such as pandemics and huge cyber attacks, the Federation of European Risk Management (FERMA) said on Tuesday. This would involve public-private partnerships and could cover events which hit …

26 05, 2020

Three Members of $31.7M New York City Trip-And-Fall Scheme Sentenced to Prison

By | May 26th, 2020|Uncategorized|Comments Off on Three Members of $31.7M New York City Trip-And-Fall Scheme Sentenced to Prison

Three members of a $31.7 million trip-and-fall scheme to defraud New York City businesses and their insurance companies have been sentenced to prison. Bryan Duncan, Robert Locust and Ryan Rainford were sentenced by U.S. District Judge Disney H. Stein in …

26 05, 2020

Warehouse Fire Devastates San Francisco’s Fishing Industry

By | May 26th, 2020|Uncategorized|Comments Off on Warehouse Fire Devastates San Francisco’s Fishing Industry

A huge fire that tore through a warehouse on San Francisco’s Fisherman’s Wharf has destroyed fishing gear used to deliver about two-thirds of the city’s fresh seafood, threatening to disrupt the upcoming Dungeness crab season, local fishermen said Sunday. The …

26 05, 2020

Nevada Governor Declares Emergency After Big Quake

By | May 26th, 2020|Uncategorized|Comments Off on Nevada Governor Declares Emergency After Big Quake

Gov. Seve Sisolak has declared a state of emergency after Nevada’s biggest earthquake in 65 years caused significant damage to three U.S. highways, including the major route connecting Reno to Las Vegas. Sisolak said his declaration late las week will …

26 05, 2020

Residents in Small Alaska Town Feel Moderate Earthquake

By | May 26th, 2020|Uncategorized|Comments Off on Residents in Small Alaska Town Feel Moderate Earthquake

People in Kodiak City reported early Saturday that they felt a moderate earthquake that struck the Kodiak Island region, the Alaska Earthquake Center confirmed. The magnitude 4.4 earthquake hit at 12:52 a.m. Saturday and had an epicenter that was 58 …