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Sompo Canopius Names Catlin’s Newman as CEO of APAC & MENA
Sompo Canopius has appointed Mark Newman as chief executive officer Sompo Canopius Asia Pacific, Middle East and North Africa. He is based in the Singapore office, reporting to Mike Duffy, chief underwriting officer. Newman has 30 years in insurance and …
OSHA Launches Expedited Whistleblower Review Pilot in Western Region
The U.S. Department of Labor is launching a pilot process in its Western region called the “Expedited Case Processing Pilot,” which enables a complainant covered by certain statutes to ask the Occupational Safety and Health Administration to cease its investigation …
Integro Taps Atlanta-Based Sandfrey to Lead Environmental Practice
International broker and risk management firm Integro Insurance Brokers has hired Tony Sandfrey to lead the firm’s Environmental practice. He will be based in Atlanta. Sandfrey, who began his career as an environmental consultant specializing in remediation systems, brings …
U.S. Regulator Vows Changes to Mine Cleanup Program
A leading U.S. coal regulator announced plans on Tuesday to toughen what it called “out-of-date” rules for guaranteeing mine cleanups. The Office of Surface Mining and Reclamation Enforcement said it would start working with U.S. state regulators to modify rules …
Florida Insurers UPC Insurance, American Coastal Insurance Enter Merger Agreement
United Insurance Holdings Corp. (UPC Insurance), a property and casualty insurance holding company, has entered into a merger agreement with RDX Holding, LLC, the parent of American Coastal Insurance Co. (ACIC or American Coastal), to combine the companies in an …
Uber to Reunite with Alabama College Towns
The ridesharing service Uber plans to return to two Alabama cities this week as students return to college campuses. Local media report that city officials in Auburn and Tuscaloosa have approved ordinances in recent weeks that satisfy the company. Uber …
Debt Collectors Cleared to Avoid Liability by Buying Out Claims
Can a debt collector accused of crossing the line avoid liability by buying a consumer’s legal claim out from under her? A federal judge in Las Vegas said yes. The case deserves attention because if the U.S. Court of Appeals …
South Carolina Approves Updated RMS North Atlantic Hurricane Models
Versions of global catastrophe risk management firm RMS’ North Atlantic Hurricane Models have been approved by South Carolina’s Department of Insurance for the purpose of residential rate filings. Approval for the hurricane model versions 15.0 and 15.0.1 was provided on July …
Kentucky Man Awarded $21M for ‘Unnecessary’ Heart Procedures by Hospital
A jury has determined that a hospital in London, Kentucky, and its parent company should pay $21.2 million to a Corbin man who received unnecessary heart procedures. The Lexington Herald-Leader reports that the jury ruled August 10 St. Joseph Health …
Allianz, AXA Bid for Rights to Sell Products via StanChart Outlets in Asia: Sources
Allianz SE, Europe’s biggest insurer, and France’s AXA SA were among first-round bidders for the rights to distribute general insurance products through Standard Chartered Plc outlets in Asia, according to people with knowledge of the matter. A unit of MS&AD …