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China’s President Xi Pledges ‘New Model’ of ‘Mutual Respect’ with U.S. Amid Tensions
Chinese President Xi Jinping opened his U.S. visit by seeking to ease concerns on almost every dispute between the two powers, even expressing readiness to cut a deal on one of the thorniest issues, cybersecurity. In a 35-minute speech in …
OneBeacon Names Iannotti as Professional Liability President
John Iannotti has joined OneBeacon Insurance Group as president of Professional Liability. Iannotti will oversee OneBeacon’s financial services, management liability and design professional liability business units, which are led by Craig Collins, Stacy Paquet and Bruce Demeter, respectively. He will …
OSHA Extends Comment Period for Injury Reporting Rule
The Occupational Safety and Health Administration (OSHA) is extending the deadline for submitting comments on a proposed rule that it says clarifies an employer’s continuing obligation to make and maintain an accurate record of each recordable injury and illness. The …
Obama Declares Major Disaster in California Wildfire
President Barack Obama declared a major disaster Tuesday in a Northern California wildfire that has destroyed at least 1,200 homes and killed at least three people. The declaration issued for the fire that broke out in Lake County 90 miles …
BB&T Insurance CEO Reece to Retire; Howard Named Successor
Winston-Salem, N.C.-based BB&T said that H. Wade Reece, chairman and CEO of BB&T Insurance Holdings Inc., will retire at the end of the year. Reece will complete a 37-year career with BB&T in which BB&T Insurance Holdings has grown through …
Brit Announces Investment in New York-Based Ambridge Partners
Brit Limited, a global specialty insurer and reinsurer based in London, announce that it has made a significant strategic investment in Ambridge Partners LLC, a New York-based managing general underwriter of transactional insurance products and a key trading partner of …
Erie Indemnity CFO Dall to Leave Post in October
Erie Indemnity Co. announced that Marcia A. Dall, executive vice president and chief financial officer, is leaving the company in October to take another position. The company said Dall has accepted the position of executive vice president and chief financial …
Minnesota DOT: Farm Vehicle Crashes Rise During Harvest Time
Safety officials in Minnesota are urging motorists to safely share the road with farm equipment as the harvest gears up. The Minnesota Department of Transportation says drivers need to watch out for slow-moving farm machinery transporting crops to markets, grain …
Size of Firms Allowed to Participate in Insure Oklahoma Expands
Gov. Mary Fallin says Insure Oklahoma is increasing the size limit of employers who can participate in the program. Fallin and the Oklahoma Health Care Authority said that Insure Oklahoma is raising its employer size limit from 99 to 250 …
Study: Number of Hispanic Business Start-Ups Highest in Midwest
The growth in Hispanic-owned businesses in the United States is outstripping that of companies in general and the fastest growth has been in Midwest states, according to a study released Sept. 21. The number of Hispanic-owned businesses grew by 30 …