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08, 2016
New Hampshire Town Wary of ‘Peeping Drones’
The growing concern around the country about “peeping drones” may have come to a town in New Hampshire. Police in Hollis say they’ve received more than 20 complaints about a drone flying outside people’s windows, usually late at night or …
28
07, 2016
JLT Re Names Chandler EVP And Managing Broker in California
JLT Re has named Pete Chandler executive vice president and managing broker. He will be based in JLT Re’s San Francisco, Calif. office and report to Ed Hochberg, CEO of JLT Re in North America. Chandler comes from Marsh, where …
2
08, 2016
Element Risk Management Acquires Singleton Insurance in Pennsylvania
West Chester, Pennsylvania-based insurance agency Element Risk Management has finalized the acquisition of Singleton Insurance in Ickesburg, Pennsylvania. Terms were not disclosed. The acquisition expands Element Risk’s footprint throughout Pennsylvania. Singleton Insurance will continue operations in Ickesburg. One owner, Vicky …
27
07, 2016
Capsicum Re Hires Bousfield, Palmer and O’Dwyer-Smith to Cyber Team
Capsicum Re*, the specialist reinsurance broker, announced it has hired Patrick Bousfield, Jane Palmer and Alice O’Dwyer-Smith to its cyber team. They are based in the London office and report to Ian Newman, a partner in Capsicum Re’s London …
2
08, 2016
Liberty Specialty Markets Appoints Sinz as Head of Europe
London-based Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kadidja Sinz to the new role of head of Europe. Sinz will be responsible for leading and directing the specialty and commercial insurance business in Continental Europe. …
28
07, 2016
Restaurant Damage in Northern California Due to Crank Callers
Several restaurants in Northern California are damaged after suspected prank callers tricked workers into testing their fire suppression system. The San Francisco Chronicle reported that Elk Grove officials say three such incidents were reported to the Cosumnes Fire Department Monday …
2
08, 2016
$880 Billion of Homes in Danger of Being Underwater, Literally
When talking about housing, “underwater” usually means you owe more on a mortgage than the home is actually worth. If climate change continues apace, that term could take on a much more literal meaning. Rising sea levels could soak homeowners for $882 billion, according to …
27
07, 2016
Hub International Expands Southeast Presence with Acquisition of KeenanSuggs
Hub International Limited has agreed to acquire the assets of KeenanSuggs Insurance Inc., based in South Carolina. Terms of the acquisition were not disclosed. The deal is expected to close on August 1, 2016. With offices in Columbia, Greenville and …
2
08, 2016
Greenlight Capital Re Reports Q2 Loss of $63M, in 5th Loss in 6 Quarters
Greenlight Capital Re Ltd., the reinsurer that counts on hedge fund manager David Einhorn to oversee investments, posted its fifth loss in six quarters as the portfolio slumped. The second-quarter net loss widened to $63 million, or $1.69 a share, …
28
07, 2016
ITC, Compare.com Team Up to Expand Online Auto Insurance Quote Services
Insurance Technologies Corporation (ITC), headquartered in Carrollton, Texas, and Compare.com, based in Richmond, Va., have partnered to help provide more auto insurance quotes to online insurance shoppers, the companies announced. Compare.com works with more than 90 insurance brands to deliver car …