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14 07, 2015

CFC Launches Cyber Policy for U.S. Healthcare Providers

By | July 14th, 2015|Recent Articles|Comments Off on CFC Launches Cyber Policy for U.S. Healthcare Providers

Specialist lines underwriting agency, CFC, has extended its cyber product suite with the launch of a new policy developed specifically for U.S. healthcare providers. According to CFC’s Cyber Practice Leader, Vicky Paxton, “Healthcare companies have arguably become the largest target …

The article CFC Launches Cyber Policy for U.S. Healthcare Providers appeared first on Insurance Journal.

15 07, 2015

Federal Court Rules Against Religious Groups Over Birth Control Coverage Opt-Out

By | July 15th, 2015|Recent Articles|Comments Off on Federal Court Rules Against Religious Groups Over Birth Control Coverage Opt-Out

Religious nonprofit groups must formally opt out of a U.S. health-care mandate if they wish to avoid a requirement that employers provide health-insurance coverage for birth control, a federal appeals court said. The decision is the second win for President …

The article Federal Court Rules Against Religious Groups Over Birth Control Coverage Opt-Out appeared first on Insurance Journal.

14 07, 2015

High Winds, Tornadoes Damage Parts of Midwest

By | July 14th, 2015|Recent Articles|Comments Off on High Winds, Tornadoes Damage Parts of Midwest

Several Midwest states have been hit with damaging winds, tornadoes and flooding over the past several days. Forecasters say at least four unconfirmed tornadoes may touched down in western Minnesota when strong storms moved through the state. In Indiana, residents …

The article High Winds, Tornadoes Damage Parts of Midwest appeared first on Insurance Journal.

15 07, 2015

International Underwriting Association Elects New Market Committee Leaders

By | July 15th, 2015|Recent Articles|Comments Off on International Underwriting Association Elects New Market Committee Leaders

The London-based International Underwriting Association’s new Delegated Authority Underwriting Group has held its first meeting and elected Paul Rich of Inter Hannover as its chairman. Matt Gordon of Aviva has been appointed deputy chairman. The group was established in response …

The article International Underwriting Association Elects New Market Committee Leaders appeared first on Insurance Journal.

14 07, 2015

NYC Reaches $5.9M Settlement in Eric Garner Chokehold Death Case

By | July 14th, 2015|Recent Articles|Comments Off on NYC Reaches $5.9M Settlement in Eric Garner Chokehold Death Case

New York City reached a $5.9 million settlement with the family of an unarmed black man who died after being put in a choke-hold by a police officer. Eric Garner’s death in a confrontation over the sale of loose cigarettes …

The article NYC Reaches $5.9M Settlement in Eric Garner Chokehold Death Case appeared first on Insurance Journal.

15 07, 2015

Willis Dealmaker Walkiewicz Hires Shea for Capital Markets Role

By | July 15th, 2015|Recent Articles|Comments Off on Willis Dealmaker Walkiewicz Hires Shea for Capital Markets Role

Willis Group Holdings Plc has hired Brian Shea as head of Europe for the investment banking division as the insurance broker seeks to arrange more deals. Shea, 49, joins from reinsurer SCOR SE. He was previously the head of the European …

The article Willis Dealmaker Walkiewicz Hires Shea for Capital Markets Role appeared first on Insurance Journal.

14 07, 2015

A.M. Best: Volatility of China Stock Market Not Expected to Hit Insurer Ratings

By | July 14th, 2015|Recent Articles|Comments Off on A.M. Best: Volatility of China Stock Market Not Expected to Hit Insurer Ratings

The recent volatility of China’s stock market is not expected to affect the ratings of domestic insurers, according to a new briefing issued by A.M. Best. Putting the volatility into context, A.M. Best noted that the Shanghai Composite Index fell sharply, …

The article A.M. Best: Volatility of China Stock Market Not Expected to Hit Insurer Ratings appeared first on Insurance Journal.

15 07, 2015

Typhoon Nangka Continues on Course towards Japan: AIR Analysis

By | July 15th, 2015|Recent Articles|Comments Off on Typhoon Nangka Continues on Course towards Japan: AIR Analysis

Catastrophe modeling firm AIR Worldwide has released an analysis of Typhoon Nangka, which is currently a Category 3 storm “with a central pressure of 950 mb and maximum 10-minute sustained wind speeds of 80 knots (~106 mph 1-minute sustained). The …

The article Typhoon Nangka Continues on Course towards Japan: AIR Analysis appeared first on Insurance Journal.

14 07, 2015

Risk Strategies Acquires MacCorkle in Northern California

By | July 14th, 2015|Recent Articles|Comments Off on Risk Strategies Acquires MacCorkle in Northern California

Risk Strategies Co. has acquired MacCorkle Insurance Service in Burlingame, Calif. The terms of the deal were not disclosed. Bernard Lauper, CEO, and Keith Fujishige, principal, will remain with the combined firm, as will their respective teams. MacCorkle provides health …

The article Risk Strategies Acquires MacCorkle in Northern California appeared first on Insurance Journal.

15 07, 2015

FBI: Global Criminal Hacker Forum Darkcode Shut Down

By | July 15th, 2015|Recent Articles|Comments Off on FBI: Global Criminal Hacker Forum Darkcode Shut Down

The U.S. Department of Justice and FBI said today that they have shut down the underground computer hacking forum known as Darkode and filed criminal charges against 12 individuals associated with the forum. The FBI called the site one of …

The article FBI: Global Criminal Hacker Forum Darkcode Shut Down appeared first on Insurance Journal.