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10, 2015
EEOC Sues Penn.’s Open Records Office for Alleged Age Discrimination
The U.S. Equal Employment Opportunity Commission (EEOC) said on Oct. 7 that it has filed a lawsuit against Pennsylvania’s Office of Public Records for allegedly violating federal law when it refused to hire an attorney for a vacant appeals officer …
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10, 2015
Stewart Named Sr. VP at Great American Insurance
Great American Insurance Group, based in Cincinnati, Ohio, has named Chad D. Stewart senior vice president and chief information officer of its Annuity Group. Stewart joined the Great American in 2011. Since that time, he has held roles of increasing …
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10, 2015
EPIC Enters into Strategic Transaction with Alliant in California
San Francisco, Calif.-based EPIC Insurance Brokers and Consultants announced a transaction of certain books of business to Alliant Insurance Services, including the customers of David Alvarado and a group of employees who came to EPIC in 2009 through the acquisition of …
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10, 2015
PARSONS Insurance Services Acquires Dallas-Based Alpha Insurance
PARSONS Insurance Services, a veteran owned national insurance MGA, has acquired the operations of Alpha Insurance Agency (AIA) in Dallas, Texas. Terms of the acquisition were not disclosed. Alpha Insurance Agency is a brokerage that specializes in providing commercial and …
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10, 2015
Pension, Insurance & Sovereign Funds Scale Back Emerging Markets’ Investments
Big pension, insurance and sovereign funds may be scaling back investments in emerging markets amid disappointing returns and a darkening outlook for the sector. These deep-pocketed funds — global pension assets alone are worth over $35 trillion — are relatively recent …
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10, 2015
Jurors in Dewey & LeBoeuf Criminal Trial Still Deadlocked on Most Counts
Jurors in the criminal trial of three former executives of bankrupt law firm Dewey & LeBoeuf, who are accused of defrauding lenders and investors, on Tuesday reported for the second time that they were deadlocked on the majority of the …
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10, 2015
Businesses Aren’t Alone in Worrying About Cyber Risk
Joe Public has joined U.S. business owners in worrying about cyber risk more and more. Cyber-related concerns grew by more than 20 percentage points among consumers from last year, moving from the fifth-ranked to the third-ranked concern overall, in the …
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10, 2015
J.M. Wilson Adds Bolhuis as P/C Underwriter in Michigan
Wholesale insurance broker, J.M. Wilson, has added Kristin Bolhuis as a property and casualty underwriter in its Portage, Mich., office. Bolhuis is responsible for quoting new and renewal property and casualty business, and serving independent insurance agents in Michigan. She …
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10, 2015
Chinese Insurers Seek Strategic Tie-Ups, M&A to Tap Western Expertise
Chinese insurers are pursuing strategic tie-ups and outright M&A to tap Western expertise, keen for knowledge on products, pricing and technology as a nascent market for health and property insurance takes off, industry executives say. China is set to climb one …
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10, 2015
County Says Partial Settlement Reached in Texas Fertilizer Blast
A settlement was reached with families of some victims of a massive West, Texas, fertilizer explosion that killed 15 people and leveled part of the town two years ago, according to a post on the website of McLennan County, where …