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Tennessee Teen Says Siri Called Emergency Dispatchers and Saved His Life
A Middle Tennessee teen is alive, thanks to Siri. Eighteen-year-old Sam Ray of Waterhill, Tennessee, says the voice recognition service on his iPhone — famously named Siri — called emergency dispatchers after his truck fell on him while he tried …
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Berkshire Hathaway Guard Taps Martinez in California
Berkshire Hathaway Guard Insurance Cos. has named Mark Martinez senior field representative. Martinez will help promote growth in Southern California. In this capacity, he is responsible for identifying prospects for appointments while providing information about available resources and new developments …
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Pakistan Plan for $46B Economic Corridor with China Set to Boost Insurers
Pakistan Prime Minister Nawaz Sharif’s $46 billion plan for an economic corridor with neighboring China as part of his revival push is promising to boost the prospects of the nation’s insurers. Adamjee Insurance Co. and Jubilee General Insurance Co., which control about 35 percent …
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New Hole Opens Up at Site of Fatal 2013 Florida Sinkhole
Sometime after the sun came up Wednesday, a woman walking her dog past a fenced-off area in a sleepy suburban neighborhood near Tampa, Florida, heard a loud rumble. She quickly dialed 911. The earth had opened, again. By Wednesday afternoon, …
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Cobalt Becomes Insurer of Preference for Major UK Infrastructure Project
Shariah-compliant managing general agent Cobalt Underwriting has been selected as the insurer of preference for the proposed London Paramount Entertainment Resort in Kent, England. Valued at £3 billion ($4.6 billion), the Paramount Studios-backed project is set to transform the Swanscombe …
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Crystal & Co. Names Drew Managing Director in California
Peggy Drew has joined Crystal & Co.’s commercial property/casualty department as managing director. Drew will also serve as the team leader for the firm’s Los Angeles, Calif. office. Her responsibilities include the development, administration and execution of account service strategies …
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FBD Shows How to Lose Money, Even During Ireland’s Economic Recovery
Usually, economic recovery helps companies. Not so FBD Holdings plc. FBD, Ireland’s only publicly traded insurer, will publish first-half earnings in Dublin on Aug. 24, with analysts waiting to see whether the increasing claims linked to accelerating economic activity it …
The article FBD Shows How to Lose Money, Even During Ireland’s Economic Recovery appeared first on Insurance Journal.
Missouri-Based Graves Insurance Adds Cannon, Promotes Hurst
Graves Insurance, based in Kirkwood, Mo., hired Allie Cannon as personal lines account manager and promoted Amanda Hurst to commercial account manager. Cannon’s responsibilities include assisting producers in generating new business, as well as serving specific clientele and prospects. She …
The article Missouri-Based Graves Insurance Adds Cannon, Promotes Hurst appeared first on Insurance Journal.
Missouri-Based Graves Insurance Adds Cannon, Promotes Hurst
Graves Insurance, based in Kirkwood, Mo., hired Allie Cannon as personal lines account manager and promoted Amanda Hurst to commercial account manager. Cannon’s responsibilities include assisting producers in generating new business, as well as serving specific clientele and prospects. She …
The article Missouri-Based Graves Insurance Adds Cannon, Promotes Hurst appeared first on Insurance Journal.
EU Seeking to Cut Minimum Risk Weighting on Simple Securitizations
The European Commission is seeking to cut the minimum risk weight on securitizations that qualify as simple and transparent to 10 percent to help jump-start the bloc’s capital markets. The 5 percentage-point reduction in the risk weighting for securities backed …
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