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Study: Social Posts Provide Clues to Millennials’ Attitudes
A study of social media posts of millennials — those aged 20 to 35 — found that when this group shares financial concerns online their anxiety decreases significantly even when a purchase or transaction is a completely new experience. To conduct the …
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Hiscox’s Cruz Joins Starr as National Branch Officer, Field Operations Director
Starr Companies reported that Robert Cruz has joined the firm as national branch officer, director of field operations. In his new role, he will lead the growth and distribution strategy of Starr’s field organization. He will report directly to Chuck …
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Towergate Hires Deakin as Retail Broking Director; Dalgarno as Chief Risk Officer
Towergate is creating a new retail broking division led by Janice Deakin, who will join the group as retail broking director on August 12, subject to regulatory approval. This division will encompass all the Towergate Insurance retail broking businesses, Towergate Insurance …
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4 of 10 Mid-Sized Firms Have Had Data Breach: Survey
Forty-three percent of mid-sized businesses say they have experienced a data breach in the past three years and 13 percent have had a supplier’s data breach impact their business information. Also, according to The Hartford’s survey of midsize business owners …
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Allied World Top Backer of Puerto Rico Municipal Bond
Allied World Assurance Co. is the top backer of MatlinPatterson Global Advisers’ bets on Puerto Rico’s rebound, according to a person familiar with the arrangement. The insurer provided more than half of the $150 million that MatlinPatterson invested in the …
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Global Insurance Regulators Postpone Tougher Capital Standards
Global insurance regulators will take more time than previously planned to address industry concerns before applying tougher capital rules to some of the largest companies they oversee. Capital rules for global insurers, known as the Insurance Capital Standard, or ICS, will be pushed back …
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Synergy Professional Associates Expands Lawyers Program to Washington
Synergy Professional Associates has launched a new lawyers professional liability program focused on small law firms in the state of Washington, in partnership with AmTrust Underwriters Inc., an AmTrust Financial Company. The new facility targets small law firms from one …
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How Supreme Court Marriage Ruling Affects Gay Couples’ Finances
The Supreme Court’s decision to allow same- sex marriage nationwide will remove tax and personal finance headaches that have bedeviled gay couples. The 5-4 decision by the court (Obergefell v. Hodges) is a particularly significant victory for many residents of …
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Dale Randol Takes Reins at San Antonio’s IBC Insurance
Dale Randol has been promoted to president and CEO of San Antonio-based IBC Insurance. He replaces his father, Edwin “Eddie” Randol, who becomes chairman of the agency. Both men began their IBC tenures in 2000 when IBC acquired Eddie M. …
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Judge Won’t Budge on Start of Minnesota Levee Construction
Construction of a ring levee that’s related to a Red River diversion project around the Fargo and Moorhead, Minn., area must remain on hold, a federal judge from Minnesota has ruled. U.S. District Judge John Tunheim in May put levee …
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