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30
10, 2015
AIG Has Been Mulling Sale of Mortgage Insurance Unit: WSJ
American International Group Inc. directors have been discussing the sale of the company’s mortgage insurance business “for a while” but “no final decision has been made about the unit,” the Wall Street Journal is reporting, citing sources familiar with the …
2
11, 2015
Ace Names North American Claims Team with Chubb’s Miller, Ace’s Poetzsch as Executive VPs
Ace Ltd. has named the future claims leadership team it intends to appoint for the company’s North America Insurance division upon completion of its acquisition of Chubb, which is expected in the first quarter of next year. Jeffrey J. Miller …
30
10, 2015
Rate of Workplace Injury, Illness Dropped in Texas in 2014
The Texas incidence rate of nonfatal injuries and illnesses in private industry decreased to 2.4 cases per 100 equivalent full-time workers in 2014, down from 2.6 in 2013, the Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced. The …
2
11, 2015
BHSI Launches D&O & Professional Indemnity Policies in Asia
Berkshire Hathaway Specialty Insurance Company (BHSI) introduced Executive First™ Directors & Officers (D&O) Liability and Professional First™ Professional Indemnity insurance policies in Asia. “With the launch of these two primary policies, we look forward to bringing BHSI’s exceptional local executive …
30
10, 2015
Florida Man Injured by Exploding E-Cigarette
Fire officials say a southwest Florida man was injured when an e-cigarette he was smoking exploded in his face. North Collier Deputy Fire Chief Eloy Ricardo says the man suffered burns to his face and also inhaled a piece of …
2
11, 2015
N.J. Gov. Christie Defends His Administration’s Sandy Response
New Jersey Gov. Chris Christie again defended his administration’s handling of the recovery from Superstorm Sandy on Oct. 29, the third anniversary of the storm, acknowledging mistakes were made but emphasizing they were corrected and that the extent of the …
30
10, 2015
Deputy Sues Oregon Restaurant After Being Asked to Prepay
An Oregon sheriff’s deputy has filed a lawsuit against the Elmer’s restaurant chain, claiming he was told to prepay for his meal at a Vancouver, Ore. establishment because he is black. KGW-TV reported Brian Eason, in a suit filed earlier …
30
10, 2015
Superstorm Sandy: Ohio’s 6th Costliest Natural Disaster
Superstorm Sandy in late October 2013 was Ohio’s sixth costliest natural disaster in recent history from an insured loss standpoint, an insurance trade group says. Moving inland after devastating parts of the East Coast, Sandy finally dissipated on Oct. 31, …
2
11, 2015
North Carolina Requests Disaster Declaration for Flood Damage
North Carolina Gov. Pat McCrory says flooding caused at least $31 million in damage in eight North Carolina counties where he’s now seeking a federal disaster declaration in hopes of getting help paying that bill. McCrory said Friday he has …
2
11, 2015
New Day Underwriting Managers Promotes Slivka to President in N.J.
New Day Underwriting Managers LLC, a Hamilton, New Jersey-based specialty intermediary for environmental and construction-related professional liability insurance, has promoted Jeff Slivka to president, while Jefferey S. Lejfer will continue as the company’s chief executive officer. In 2005, Slivka helped …