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20 05, 2020

Allianz Group Appoints Richter to lead Cyber Center of Competence

By | May 20th, 2020|Uncategorized|Comments Off on Allianz Group Appoints Richter to lead Cyber Center of Competence

Dr. Catharina Richter will be appointed global head of Cyber Center of Competence for Allianz Group, effective June 1, 2020. The Cyber Center of Competence (CoC) coordinates and steers cyber risk underwriting and governance across Allianz Group and is embedded …

20 05, 2020

BMS Names Former Everest CEO Addesso as Non-Exec Chair of U.S. Reinsurance Arm

By | May 20th, 2020|Uncategorized|Comments Off on BMS Names Former Everest CEO Addesso as Non-Exec Chair of U.S. Reinsurance Arm

BMS Group, the London-based specialist re/insurance broker, announced the appointments of Dominic Addesso as non-executive chairman and LoriAnn Lowery-Biggers as an independent non-executive director of BMS Intermediaries Inc., the group’s U.S. reinsurance intermediary arm. Addesso and Lowery-Biggers also join as …

20 05, 2020

Construction Company Owner Pleads Guilty After Lying During OSHA Investigation

By | May 20th, 2020|Uncategorized|Comments Off on Construction Company Owner Pleads Guilty After Lying During OSHA Investigation

After an investigation by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), the owner of a Somerset County, N.J., construction company has pleaded guilty to one count of felony perjury brought by the U.S. Attorney for the …

20 05, 2020

Coalition in California Raises $90M to Grow Internationally

By | May 20th, 2020|Uncategorized|Comments Off on Coalition in California Raises $90M to Grow Internationally

San Francisco, Calif.-based Coalition, a cyber insurance and security company, announced it has raised $90 million in equity capital to support its growth and global expansion. Valor Equity Partners led the funding with participation from Felicis Ventures, Greyhound Capital, and …

20 05, 2020

NFP Acquires Pennsylvania-Based Insurance Broker Team Scotti

By | May 20th, 2020|Uncategorized|Comments Off on NFP Acquires Pennsylvania-Based Insurance Broker Team Scotti

NFP, an insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, has acquired LFG Inc. (DBA Team Scotti). The transaction closed effective December 1, 2019. Team Scotti, based in Pittsburgh, Penn., and founded in …

20 05, 2020

Chubb’s McNab Joins QBE North America as Chief Human Resources Officer

By | May 20th, 2020|Uncategorized|Comments Off on Chubb’s McNab Joins QBE North America as Chief Human Resources Officer

Specialty Insurer QBE North America announced the appointment of Becket McNab as chief human resources officer. McNab will be responsible for all North America human resources activities, including driving the company’s focus on talent and culture. McNab joins QBE from …

20 05, 2020

Chubb Names McLaughlin Chief Underwriting Officer for North America Retail Commercial

By | May 20th, 2020|Uncategorized|Comments Off on Chubb Names McLaughlin Chief Underwriting Officer for North America Retail Commercial

Chubb has appointed Michelle McLaughlin to be chief underwriting officer of its North America retail commercial property/casualty insurance division. In this capacity, McLaughlin will guide the business lines’ underwriting strategies and authority, as well as general underwriting management, for a …

20 05, 2020

WCF Insurance Promotes Boyd to California Director of Underwriting

By | May 20th, 2020|Uncategorized|Comments Off on WCF Insurance Promotes Boyd to California Director of Underwriting

WCF Insurance has promoted Ann Boyd to California director of underwriting in the Roseville. Boyd will lead the underwriting team’s growth and development in California will report to Gwen Church, vice president of underwriting. She joined WCF Insurance in 2018. …

20 05, 2020

Texas Storage Tank Facility Cited for Safety Hazards, Fined $234.5K

By | May 20th, 2020|Uncategorized|Comments Off on Texas Storage Tank Facility Cited for Safety Hazards, Fined $234.5K

Alexander Tank Company – a manufacturer of steel storage tanks based in Luling, Texas – has been cited by federal regulators for repeat safety and health hazards and fined $234,528. The U.S. Occupational Safety and Health Administration (OSHA) cited Alexander …

20 05, 2020

North Carolina Revises Workers’ Comp Premium Rules Related to COVID-19

By | May 20th, 2020|Uncategorized|Comments Off on North Carolina Revises Workers’ Comp Premium Rules Related to COVID-19

Two new rule revisions to the North Carolina Basic Manual for Workers Compensation and Employers Liability (NC Basic Manual) related to the COVID-19 pandemic have been approved by the North Carolina Department of Insurance. The North Carolina Rate Bureau (NCRB) …