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30 07, 2015

Ironshore Int’l. Appoints Bamford to Head Global M&A, Tax; Ups M&A Capacity

By | July 30th, 2015|Recent Articles|Comments Off on Ironshore Int’l. Appoints Bamford to Head Global M&A, Tax; Ups M&A Capacity

Bermuda-based Ironshore International has named Rowan Bamford as its new Global Head of Mergers & Acquisitions and Tax, effective immediately. He will oversee the M&A business lines the company’s portfolio, as well as the Tax division, throughout Ironshore’s global platform …

The article Ironshore Int’l. Appoints Bamford to Head Global M&A, Tax; Ups M&A Capacity appeared first on Insurance Journal.

29 07, 2015

O’Shea Joins Korn Ferry as Leader in Global Insurance Practice

By | July 29th, 2015|Recent Articles|Comments Off on O’Shea Joins Korn Ferry as Leader in Global Insurance Practice

Talent recruiting organization Korn Ferry has hired Laurie O’Shea as co-head of its Global Insurance Practice. She will be based in the Chicago office. O’Shea has 25 years of experience in recruiting talent for the global insurance market. Prior to …

The article O’Shea Joins Korn Ferry as Leader in Global Insurance Practice appeared first on Insurance Journal.

29 07, 2015

Senate Republicans Plan Another Vote to Repeal Obamacare

By | July 29th, 2015|Recent Articles|Comments Off on Senate Republicans Plan Another Vote to Repeal Obamacare

Senate Majority Leader Mitch McConnell championed a renewed push to bypass a filibuster and repeal Obamacare with 51 votes on Tuesday, he announced in a joint statement with Utah Senator Mike Lee, one of the most conservative Republicans in the …

The article Senate Republicans Plan Another Vote to Repeal Obamacare appeared first on Insurance Journal.

29 07, 2015

Extension Granted for Flood Proof of Loss Forms in Louisiana

By | July 29th, 2015|Recent Articles|Comments Off on Extension Granted for Flood Proof of Loss Forms in Louisiana

The Federal Emergency Management Agency (FEMA) has extended its filing deadline for National Flood Insurance Program (NFIP) policyholders in Louisiana impacted by recent flooding, the insurance department announced. The NFIP normally requires homeowners to file a Proof of Loss form …

The article Extension Granted for Flood Proof of Loss Forms in Louisiana appeared first on Insurance Journal.

29 07, 2015

RenRe Reports Q2 Net Income of $73.2M, Operating Income of $99.9M

By | July 29th, 2015|Recent Articles|Comments Off on RenRe Reports Q2 Net Income of $73.2M, Operating Income of $99.9M

RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $73.2 million, or $1.59 per diluted common share, in the second quarter of 2015, compared to $120.8 million, or $2.95, respectively, in the second quarter of 2014. Operating income …

The article RenRe Reports Q2 Net Income of $73.2M, Operating Income of $99.9M appeared first on Insurance Journal.

29 07, 2015

R.I. Consumer Alert Looks at Insurance Implications for Home-Sharing Rentals

By | July 29th, 2015|Recent Articles|Comments Off on R.I. Consumer Alert Looks at Insurance Implications for Home-Sharing Rentals

Rhode Island’s Insurance Division is advising consumers to examine insurance implications when using home-sharing rental websites such as Airbnb. “Technology has changed the way people interact. There are now online solutions available that let people rent a room or their …

The article R.I. Consumer Alert Looks at Insurance Implications for Home-Sharing Rentals appeared first on Insurance Journal.

29 07, 2015

Zurich Insurance Confirms Offer for RSA – if Made – Would Be in Cash

By | July 29th, 2015|Recent Articles|Comments Off on Zurich Insurance Confirms Offer for RSA – if Made – Would Be in Cash

Zurich Insurance Group AG said any offer for RSA Insurance Group would be in cash. Wednesday’s statement from Zurich means “there’s a very high likelihood that it will come through with an offer in the next few weeks.” said Ben Cohen, a London-based analyst …

The article Zurich Insurance Confirms Offer for RSA – if Made – Would Be in Cash appeared first on Insurance Journal.

29 07, 2015

Multi-State Cargo Theft Ring Busted in Indiana; 8 Charged

By | July 29th, 2015|Recent Articles|Comments Off on Multi-State Cargo Theft Ring Busted in Indiana; 8 Charged

Eight individuals have been charged in a 23-count indictment in an organized scheme to steal tens of millions of dollars in merchandise from shipments of cargo moving through the state of Indiana and elsewhere, United States Attorney for the Southern …

The article Multi-State Cargo Theft Ring Busted in Indiana; 8 Charged appeared first on Insurance Journal.

29 07, 2015

How Old Is Average Vehicle on U.S. Roads?

By | July 29th, 2015|Recent Articles|Comments Off on How Old Is Average Vehicle on U.S. Roads?

The average age of cars and light trucks on U.S. roads rose slightly to 11.5 years at the start of 2015, as the rate of growth slows because of the recovery of new-vehicle sales, consultant IHS Automotive said. “Consumers are …

The article How Old Is Average Vehicle on U.S. Roads? appeared first on Insurance Journal.

29 07, 2015

Summer Recreation Business a Washout Due to Illinois River Floods

By | July 29th, 2015|Recent Articles|Comments Off on Summer Recreation Business a Washout Due to Illinois River Floods

Flooding along the Illinois River that has prompted National Weather Service warnings and closed the waterway to boaters for weeks this summer has dampened recreational activities. Marina owners, boat shop workers and campground managers along the river in central Illinois …

The article Summer Recreation Business a Washout Due to Illinois River Floods appeared first on Insurance Journal.