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11, 2015
Final Witness Called by Prosecution in Blankenship Trial
The prosecution has called its final witness in the trial of former Massey Energy CEO Don Blankenship. FBI Special Agent James Lafferty was questioned by prosecutors and defense attorneys Tuesday in Charleston, W. Va., federal court. Lafferty is the federal …
10
11, 2015
Inclusion on List of Too-Big-to-Fail Insurers May Alter Business Strategy: Fitch
A change to the list of globally systemically important insurers (G-SIIs) suggests the potential for being added to or removed from the list could play a significant role in setting strategy for some major insurers, according to Fitch Ratings. The …
10
11, 2015
CAL Insurance Adds Danfoura to Commercial Brokerage Team
CAL Insurance & Associates Inc. has named Fred H. Danfoura to its commercial brokerage team. Danfoura joins CAL in to increase the firm’s presence in the educational, nonprofit and investment real estate sectors. CAL is a full service insurance brokerage …
12
11, 2015
Zurich Insurance Plans to Replace CEO Senn: Swiss Magazine Report
Zurich Insurance Group is seeking a replacement for Chief Executive Officer Martin Senn, according to Swiss business magazine Bilanz. Switzerland’s biggest insurance company has hired the London executive search firm MWM Consulting to conduct the search, Bilanz reported Thursday on its website, without …
10
11, 2015
Uber Wants To Set up Operations in Montana
The ridesharing company Uber has filed an application with Montana regulators for a license to operate in the state, starting a protest period for any motor carrier or member of the public to comment before the Public Service Commission makes …
10
11, 2015
Watkins Insurance Group Hires Williams as VP, Business Development
Austin, Texas-based independent insurance agency, Watkins Insurance Group, has added Colin Williams as vice president of Business Development. Williams now joins 15 primarily commercial lines-focused producers at Watkins Insurance Group’s Austin headquarters. Collin has more than 20 years of experience …
10
11, 2015
RMS: Cat Bond Analysis Reveals Market Predictions of Price Bottom Are Optimistic
Return relative to risk values for catastrophe bonds at current prices are actually higher in 2015 than they were last year, even though recent market commentary suggests that market prices have stabilized, according to research by RMS, the Newark, Calif.-based catastrophe risk …
10
11, 2015
Kingstone Approved to Write P/C Insurance in New Jersey
Kingstone Companies Inc., a New York-domiciled multi-line property/casualty insurance holding company, announced that its subsidiary, Kingstone Insurance Company, was granted approval to write P/C insurance in New Jersey from the state’s Department of Banking and Insurance. The addition of New …
10
11, 2015
Uber Gains Support From Upstate New York Mayors
Mayors of some of upstate New York’s largest cities have joined together to support Uber’s proposal to expand throughout the state. Rochester Mayor Lovely Warren, Binghamton Mayor Richard David and Syracuse Mayor Stephanie Miner announced Monday that they have signed …
10
11, 2015
Many Have Died in ‘Subpar’ Atlantic Hurricane Season
The 2015 Atlantic hurricane season may end up being remembered for a subpar number of storms, even though the total still beat early forecasts and more than 50 people died. The season, which also lags behind in terms of overall …