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Paragon Insurance Hires Roppelt to Lead Construction Division in Connecticut
Paragon Insurance Holdings LLC., a managing general agency based in Avon, Connecticut, hired Randy Roppelt as president of the Construction Division. Prior to joining Paragon Insurance, Roppelt was president and chief underwriting officer for Coventry Risk Specialty, a managing general …
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Cause of Fires at 3 Empty Homes in North Carolina Neighborhood Unknown
Firefighters in North Carolina this week took on blazes at three empty homes in the same neighborhood in Fayetteville. Multiple media outlets reported that the first call came in shortly before 5 a.m. Tuesday for fires at two homes in …
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ACE Reports Q1 Operating Income of $745 Million; Net Income $681 Million
ACE Limited reported net income for the quarter ended March 31, 2015, of $681 million, or $2.05 per share, compared with $734 million or $2.14 per share in Q1 2014. Operating income was $745 million, or $2.25 per share, compared …
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JLT Re Appoints Walters to Support International Growth, Client Development
JLT Re, the London-based provider of reinsurance broking and capital solutions, announced that Russell Walters has joined as a partner. Bradley Maltese, deputy CEO of UK & Europe, said, “Russell joins JLT Re with over 30 years of reinsurance experience …
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Burns & Wilcox Brokerage Opens Office in Arizona
Burns & Wilcox Brokerage has opened a Scottsdale, Ariz. office. Managing Director Marc Adler will oversee operations, as well as providing expert brokerage services. Adler has more than 25 years of experience, most recently in construction and environmental brokerage at …
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Insurers with $6 Trillion Mull Mortgage Loans, Private Equity: Goldman Sachs
Global insurers who oversee more than $6 trillion in assets plan to invest capital in commercial mortgage loans and private equity this year to generate higher returns, a Goldman Sachs Asset Management survey showed. Thirty-five percent of insurance executives said …
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5 Years After Gulf Oil Spill: Is Drilling Engineering Outpacing Safety Again?
Five years after the worst U.S. offshore oil spill, the industry is working on drilling even further into the risky depths beneath the Gulf of Mexico to tap massive deposits once thought unreachable. But critics say energy companies haven’t developed …
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New York Holds Line on Volunteer Firefighters After Declines
More new firefighters are volunteering in New York state after years of declining membership, though companies are still seeking recruits to meet more calls. Fire companies statewide attracted 12,665 new volunteers in 2011 and 2012 amid aggressive recruiting efforts, according …
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Mental Health Funding Cuts Stir Outcry in Connecticut
Connecticut Gov. Dannel P. Malloy’s proposal to cut money from a state grant program to community mental health and substance abuse providers is prompting an outcry from advocates and families of Newtown massacre victims in Connecticut, who warn patients will …
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The Hartford Names Bromage as Chief Marketing Officer
The Hartford has named Kathy Bromage as chief marketing and communications officer. Robinson succeeds current General Counsel Alan Kreczko. Robinson will report to The Hartford’s Chairman and CEO Christopher Swift. Bromage joined The Hartford in 2004 as chief marketing and …
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