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24
06, 2015
Newbridge Writes Political Violence, Terrorism Risks via Castel MGA Platform
Newbridge Risk Partners has launched operations on Castel Underwriting Agencies MGA formation platform, targeting political violence and terrorism risks in emerging markets. The new underwriting cell will be focused on the emerging markets regions including, but not limited to, MENA and the …
The article Newbridge Writes Political Violence, Terrorism Risks via Castel MGA Platform appeared first on Insurance Journal.
23
06, 2015
ACE Names Skoro as Head of Distribution, Sub-Saharan Africa
ACE Insurance South Africa announced that Milenko Skoro, head of sales and distribution A&H, has been promoted to the newly created role of head of distribution, Sub-Saharan Africa as the company continues to strengthen its insurance capabilities in the region. …
The article ACE Names Skoro as Head of Distribution, Sub-Saharan Africa appeared first on Insurance Journal.
24
06, 2015
Alaska Wildfires Grow, Prompt Evacuations
Intensifying wildfires in Alaska have led to evacuations in several parts of the state, including a tiny village where residents fled on boats. A firefighter on one blaze also was treated for a bear bite after encountering the animal while …
The article Alaska Wildfires Grow, Prompt Evacuations appeared first on Insurance Journal.
22
06, 2015
Texas Tops in Lightning Damage Claim Amounts
Lightning damage is the most striking in Texas, at least for the insurance industry. The average claim in the state was $10,671 last year, the Insurance Information Institute said in a statement. That’s the highest figure among the 10 states …
The article Texas Tops in Lightning Damage Claim Amounts appeared first on Insurance Journal.
24
06, 2015
Senate Advances Fast Track Trade Bill
The U.S. Senate advanced legislation that would give President Barack Obama enhanced authority to complete free-trade deals including a landmark agreement with Pacific nations. The 60-37 vote Tuesday paves the way for final passage Wednesday. Because the U.S. House has …
The article Senate Advances Fast Track Trade Bill appeared first on Insurance Journal.
23
06, 2015
U.S. Warns of Dire Consequences If No Global Action on Climate Change
Labor productivity would dwindle as workers wilt in the heat. Summers in Illinois would feel like a Louisiana swamp. Epic downpours and surging seas of the future would leave $5 trillion in losses. And worsening air quality would result in …
The article U.S. Warns of Dire Consequences If No Global Action on Climate Change appeared first on Insurance Journal.
24
06, 2015
Oklahoma Mourns P/C Insurance Guaranty Assoc. Manager Fitch
The Oklahoma Insurance Department reported the loss of Larry W. Fitch, 71, who was the general manager of the Oklahoma Property and Casualty Insurance Guaranty Association. Fitch died on June 19. “Larry has played a major role in the Oklahoma insurance …
The article Oklahoma Mourns P/C Insurance Guaranty Assoc. Manager Fitch appeared first on Insurance Journal.
23
06, 2015
Most Drivers Mum About Ridesharing, Although Many Agents Ask
Roughly three quarters of ridesharing drivers don’t have ridesharing insurance, and nearly eight-in-10 conduct their ridesharing activities covertly and keep their insurer or agent in the dark. Two informal polls from a popular Forbes blogger known as The Rideshare Guy …
The article Most Drivers Mum About Ridesharing, Although Many Agents Ask appeared first on Insurance Journal.
23
06, 2015
Low Interest Rates Challenge European Insurers: A.M. Best Report
The low interest rate environment represents a significant challenge for insurers, according to a report published by A.M. Best. “European insurers are struggling to generate investment income as the majority of their invested assets are held in high-quality fixed-income securities,” …
The article Low Interest Rates Challenge European Insurers: A.M. Best Report appeared first on Insurance Journal.
22
06, 2015
Owner of Mass. Asbestos Abatement Firm Indicted for Work Comp Fraud
A Massachusetts man who owns an asbestos abatement company has been indicted for allegedly failing to accurately report the nature of his company’s work to avoid paying thousands of dollars in insurance premiums. Massachusetts Attorney General Maura Healey announced on …
The article Owner of Mass. Asbestos Abatement Firm Indicted for Work Comp Fraud appeared first on Insurance Journal.