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Compass Specialty Risk Ramos as Vice President of Transportation
Compass Specialty Risk Insurance Services LLC has named Desi Ramos vice president of transportation and practice leader. Ramos will spearhead the new office in Sacramento, Calif. Ramos has experience in the wholesale marketplace, most recently as transportation broker at Hull …
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Massachusetts Senate OKs Bill to Prep for Changing Environment
The Massachusetts Senate has approved a bill supporters say will help the state better adapt to a changing environment while encouraging the growth of solar energy. The bill, which passed the Senate July 23, would require the state to establish …
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Senate Moves Export Import Renewal with Transportation Funding
The Senate advanced a proposal to extend the U.S. Export-Import Bank’s charter as part of legislation to finance highways and mass transit for three years. The 67-26 vote during an unusual Sunday session moves forward the Senate’s effort to pass …
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Hiscox Delivers H1 Pre-Tax Profit of £135.1M, Up From £124.6M in H1 2014
Hiscox, the Bermuda-based specialist insurer, delivered a pre-tax profit of £135.1 million* ($205.2 million) in the first half ending June 30, 2015, compared with £124.6 million ($189.3 million) during the same period in 2014. Gross written premiums for the six-month …
The article Hiscox Delivers H1 Pre-Tax Profit of £135.1M, Up From £124.6M in H1 2014 appeared first on Insurance Journal.
Cal Fire Captain, Insurance Agent Brother Arrested For Insurance Fraud
A California Fire captain and his insurance agent brother have been arrested for insurance fraud. Neal Moriarty, 38, a Cal Fire Captain, and Ross Moriarty, 42, a licensed insurance agent, were arrested last week on multiple felony counts of insurance …
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Despite Truce, Uber Agreement Keeps Tensions High at NYC City Hall
The deal that, for now, decided the ride-hailing behemoth Uber’s future in New York City began with a phone call to Rome. New York City Council Speaker Melissa Mark-Viverito on Tuesday, July 21, called Mayor Bill de Blasio, who was …
The article Despite Truce, Uber Agreement Keeps Tensions High at NYC City Hall appeared first on Insurance Journal.
McGraw Hill Said to Weigh Acquiring SNL Financial
McGraw Hill Financial Inc. is in talks to buy SNL Financial, the financial news and data services provider owned by buyout firm New Mountain Capital, according to people familiar with the matter. A deal valuing Charlottesville, Virginia-based SNL at about …
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Latest New York Corruption Cases Highlight Patronage Claims
It’s a practice seemingly as old as politics itself: top elected officials finding jobs for their wayward sons. The criminal cases against men who used to be two of New York’s most powerful lawmakers both hinge on allegations they took …
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Foreign Insurers Taking Cautious Look at Iran in Wake of Nuclear Deal
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country …
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Energi Opens Northwest Regional Office in Washington
Energi has opened the company’s first Pacific Northwest regional office in Kirkland, Wash. The office outside of Seattle will house a number of insurance and risk management professionals serving the company’s clients and partners in the Northwest. Five Energi employees …
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