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11, 2015
State-Backed Terrorism Reinsurance Fund Likely to Aid Paris Firms in Recovery
Parisian businesses struggling after the Nov. 13 attacks are likely to be able to make successful insurance claims, helped by a state-backed fund set up in the wake of the Sept. 11 2001 attacks in New York. The carnage in …
23
11, 2015
London Insurance Market Vulnerable to Major Cyber Attack: Xchanging Survey
Only one-third of insurers in the London market believes their firm could withstand a major cyber attack, and almost half felt they were underprepared, according to a survey conducted by Xchanging plc, the U.K. business technology and services provider. Insurers, like many …
23
11, 2015
U.K. MGAs Seek Greater Role in Claims Process: MGAA Matters Survey
Managing general agents are keen to be more involved in the claims process because they view claims as a core competence with an intrinsic link to underwriting, according to the latest MGAA Matters Survey.* The fourth quarterly MGAA Matters Survey, which …
23
11, 2015
Missouri Insurance Director Huff Elected NAIC President
Members of the National Association of Insurance Commissioners (NAIC) have elected 2016 officers who will will assume their duties on Jan. 1, 2016. President: Missouri Insurance Director John M. Huff President-Elect: Kentucky Insurance Commissioner Sharon P. Clark Vice President: Wisconsin …
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11, 2015
Three California Men File Suits After E-Cigarette Batteries Explode
Three California men have filed lawsuits against manufacturers, wholesalers and retailers of electronic cigarettes, claiming the products’ batteries exploded, causing severe injuries. The Los Angeles Daily News reported that the three men, one of whom is a former L.A. Galaxy …
23
11, 2015
Selective Insurance Announces Officer Appointments in New Jersey
Selective Insurance Group Inc. in Branchville, New Jersey, announced the following appointments by its subsidiary, Selective Insurance Company of America. Jamie Beal to assistant vice president, director of Communications. Beal joined Selective in September 2015. Prior to that, she served …
23
11, 2015
Some Asbestos Left Behind in Montana Town Amid Move to End Cleanup
Federal officials say their final analysis of a Montana community wracked by deadly asbestos contamination shows a costly and much-criticized cleanup is working – even though about 700 properties have yet to be investigated. The U.S. Environmental Protection Agency has …
23
11, 2015
JLT Specialty USA Announces Addition of Marine Specialty in NYC
JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), a specialty-focused provider of insurance, reinsurance and employee benefits related advice, brokerage and associated services, announced the addition of a marine specialty practice. The marine specialty practice …
23
11, 2015
Technology to Could Improve Truckers Safety Tested in Utah
Utah is test-driving new technology that could improve safety and fuel efficiency for big-rig truckers. The Utah Department of Transportation started conducting field tests last week of a vehicle-to-vehicle communication system aimed at the trucking industry. The tests were done …
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11, 2015
Volunteer Beat at Oregon Women’s Shelter Seeks $675K
A volunteer seeks $675,000 in a lawsuit against the Gospel Rescue Mission of Grants Pass, Ore. alleging it failed to protect her from an enraged man whose wife and daughter were at a women’s shelter. The lawsuit and a police …