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11, 2015
Brinck Insurance Group Hires Burns for Aviation, P/C Expertise
Brinck Insurance Group in Springfield, Mo., has hired Roni Burns as the company’s newest agent. Burns, who is a private pilot, will specialize in aviation insurance as well as property and casualty insurance. Prior to joining Brinck Insurance Group, Burns served …
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11, 2015
Florida Issues Final Order for NCCI to Decrease Workers’ Comp Rates by 4.7%
The Florida Office of Insurance Regulation (OIR) has approved an overall decrease of 4.7 percent in workers’ compensation insurance rates in Florida. Following the disapproval of its original rate filing request, the National Council on Compensation Insurance (NCCI) submitted additional …
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11, 2015
Irwin Siegel Agency Hires Huft as Executive Underwriter in Georgia
Irwin Siegel Agency, a program administrator based in Rock Hill, N.Y., has hired Christal Huft as executive underwriter. She is based in Kennesaw, Ga. Huft has served the insurance industry in various capacities for nearly 20 years. While she began …
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11, 2015
South Carolina Puts Dam Owners on Notice for Big Bills
South Carolina’s environmental agency is warning dozens of property owners they could face substantial bills for not submitting plans as ordered for repairing dams damaged or destroyed in last month’s historic flooding. Violation notices began going out Nov. 6 to …
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11, 2015
UK’s Xchanging Receives Takeover Bid from Computer Sciences Corp. for $640M
Outsourcing company Xchanging Plc , which has already accepted a takeover offer from Capita Plc, has received a proposal from U.S.-based Computer Sciences Corp. that values the company at about 421 million pounds ($640 million). Shares in Xchanging – which …
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11, 2015
Tokio Solution Appoints Lane and Harigai as Co-CEOs
Bermuda-based Tokio Solution Management Ltd.* has appointed Susan Lane and Tsuyoshi (Harry) Harigai as co-CEOs, effective Jan.1, 2016. Lane and Harigai will assume the leadership of Tokio Solution from current CEO, Kathleen Faries, who will become head of the Bermuda …
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11, 2015
International General Insurance Co. Appoints Mauduit as Head of PI
International General Insurance Holdings (IGIH)* has appointed Chris Mauduit as head of professional indemnity (PI) at its London business IGI UK. Mauduit has 35 years’ experience and joins from Catlin where he worked since 2003, setting up the company’s PI and …
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11, 2015
Integro Acquires Ellis Clowes, UK-Based Motorsports Specialty Broker
Integro Ltd., the New York-based insurance broker and risk management firm, has become “the world’s leading motorsports insurance broker,” with the acquisition of Lloyd’s broker Ellis Clowes. Financial considerations of the transaction have not been disclosed. London and New York-based …
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11, 2015
36 Indicted in Alleged Insurance Fraud Scheme in Indiana
Federal prosecutors in Indiana have indicted 36 people in an insurance fraud scheme alleging they staged car crashes and filed false insurance claims. The indictment alleges 56-year-old Michael W. Burris Sr., his 53-year-old wife, Lisa, and others planned a series …
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11, 2015
Canadian Pacific Says Wisconsin Train Derailment Caused by Broken Rail
Canadian Pacific on Nov. 11 said a broken rail caused a weekend freight train derailment in Wisconsin that resulted in an oil spill and a precautionary evacuation. No one was injured in the incident on Nov. 8, which caused an …