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14
07, 2015
Lloyd’s Receives Approval to Open Colombia Representative Office
Lloyd’s has announced that it has received approval from the Colombian authorities to open a representative office in Bogotá. The bulletin noted that “under the new Lloyd’s representative office license, Lloyd’s syndicates are able to establish business development and underwriting …
The article Lloyd’s Receives Approval to Open Colombia Representative Office appeared first on Insurance Journal.
15
07, 2015
Iran Accord Would End Sanctions on Many Industries Including (Re)insurance
Iran and world powers reached a historic accord designed to prevent the Islamic Republic from developing nuclear weapons in return for ending sanctions that have crippled the nation’s economy and slashed its oil exports. Here are some of the key …
The article Iran Accord Would End Sanctions on Many Industries Including (Re)insurance appeared first on Insurance Journal.
14
07, 2015
Southern California Wildfire Caused by Human Activity, Officials Say
Authorities say human activity caused a Southern California wildfire that burned four buildings and 49 square miles of forest land. However, it’s unclear whether the fire was set on purpose or by accident. The blaze erupted on June 17 in …
The article Southern California Wildfire Caused by Human Activity, Officials Say appeared first on Insurance Journal.
15
07, 2015
Poll: Is ACE-Chubb Deal Good or Bad?
The insurance industry believes that on the whole, the ACE Ltd. acquisition of Chubb Corp. is a good deal. Industry professionals see the deal as perhaps better for the parties involved than for the property/casualty insurance industry and a better …
The article Poll: Is ACE-Chubb Deal Good or Bad? appeared first on Insurance Journal.
14
07, 2015
Evacuation Orders Lifted in Washington Wildfire
Evacuations orders have been lifted for a Central Washington wildfire, officials said Tuesday. Firefighters worked to continue strengthening fire lines, and do mop up work on the 22,212 acre blaze, which is now 80 percent contained, according to fire officials. …
The article Evacuation Orders Lifted in Washington Wildfire appeared first on Insurance Journal.
15
07, 2015
JLT Australia Deploys NetSuite Cloud Solution to Run Entire Business Life Cycle
Jardine Lloyd Thompson (JLT) Australia, a subsidiary of the London-based insurance, reinsurance and employee benefits firm, has deployed NetSuite OpenAir cloud professional services automation (PSA) solution to run the entire business life cycle of its consulting practice, according to a statement …
The article JLT Australia Deploys NetSuite Cloud Solution to Run Entire Business Life Cycle appeared first on Insurance Journal.
14
07, 2015
Fairfax Offers to Buy 26% of Indian Brokerage IIFL for $255 Million
Fairfax India Holdings Corp., the $1 billion fund created by Toronto-based investor Prem Watsa, offered to buy 26 percent more in Indian brokerage IIFL Holdings Ltd.* for $255 million. Fairfax India announced an offer to purchase about 83.1 million shares …
The article Fairfax Offers to Buy 26% of Indian Brokerage IIFL for $255 Million appeared first on Insurance Journal.
15
07, 2015
Number of Food Recalls and their Costs are Increasing: Swiss Re Report
“Food manufacturers operate in a vast, globalized supply chain, where one mislabeled product or contaminated ingredient can cause sickness, death, multi-million dollar losses and massive reputational damage for the affected companies,” says a new report – Swiss Re’s “Food Safety …
The article Number of Food Recalls and their Costs are Increasing: Swiss Re Report appeared first on Insurance Journal.
14
07, 2015
Coming Soon: Marijuana ‘Breathalyzers’ for Police Testing of Drivers
As cannabis bans are relaxed in more U.S. states, the race is on to develop an instant roadside breathalyzer for police to test drivers who may be taking the “high” road. Vancouver-based Cannabix Technologies Inc., founded by a retired Royal …
The article Coming Soon: Marijuana ‘Breathalyzers’ for Police Testing of Drivers appeared first on Insurance Journal.
15
07, 2015
Fate of Florida’s Work Comp System May Fall on State Supreme Court
A workers’ compensation case challenging the constitutionality of Florida Workers’ Compensation Law that was thrown out by the Florida’s Court of Appeals may be headed to the Florida Supreme Court. The state’s Third District Court of Appeals June 24 ruling …
The article Fate of Florida’s Work Comp System May Fall on State Supreme Court appeared first on Insurance Journal.