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07, 2016
Alberta Wildfires to Cost Insurers About $2.8B, in Canada’s Costliest Disaster
The wildfires that tore across the oil-producing region of Canada this year will cost insurers about C$3.58 billion ($2.8 billion) in claims, the most costly insured natural disaster in the country’s history, an industry group said. The fires led to …
8
07, 2016
Marsh Taps Cooke as Vice Chairman of Global Placement
Marsh has appointed Jeremy Cooke as vice chairman of Global Placement, effective immediately. Based in London, Cooke will report to Dean Klisura, global head of Industry Specialties and Placement. In his new role, Cooke will focus on critical growth areas …
7
07, 2016
Workers’ Comp Disability Guidelines Withdrawn from Guidelines.gov
The Work Loss Data Institute (WLDI) has withdrawn its Official Disability Guidelines from the National Guideline Clearinghouse, a public resource for evidence-based clinical practice guidelines, operated by the U.S. Department of Health and Human Services. WDLI describes the ODG as …
7
07, 2016
CSE Insurance Group Releases New Landlord Insurance Product in California
CSE Insurance Group, a West Coast property and casualty insurance provider, has released a new landlord insurance product to address the complete needs of landlords. The coverage is currently available in California, but will become available in Arizona and Nevada …
7
07, 2016
Michigan Packaging Company Fined Nearly $250K for Safety Violations
The state says a packaging company in suburban Detroit is being fined nearly $250,000 for alleged worker safety violations. The Michigan Occupational Safety and Health Administration announced the fines for AJM Packaging’s plant in Southgate. MIOSHA’s General Industry Safety and …
7
07, 2016
Encompass to Use Aerial Technology in Assessing Homeowners Policies
Encompass has implemented the use of a tool from EagleView Technologies to capture aerial images of customer homes which the company said will be used to “provide a more accurate and faster assessment when issuing or renewing a homeowners policy.” …
7
07, 2016
A.M. Best: Outlook Stable for Southern Pioneer Property and Casualty Insurance
A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Southern Pioneer Property and Casualty Insurance Co. (Southern Pioneer) in Jonesboro, Ark. The …
7
07, 2016
PartnerRe Appoints Senior Leaders to Implement Reorganization
PartnerRe Ltd. has announced a series of appointments, following the reorganization of its business units announced on June 30, 2016. As previously announced, PartnerRe has restructured its business units in order to better align its global expertise with the needs of …
7
07, 2016
SFM Mutual Insurance Acquires Minnesota’s Barrier Free Access
SFM Mutual Insurance Co., a Midwest regional workers’ compensation insurer, has acquired Barrier Free Access, a Byron, Minn.-based provider of safe patient handling products, design consultation and training to medical facilities throughout the Upper Midwest. Through selling and training on …
7
07, 2016
Hub International Buys Toronto-Based HSBI Benefits
Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired HSBI Benefits Inc. Terms of the acquisition were not disclosed. Based in Toronto, Ontario, Canada, HSBI Benefits specializes in employee benefits insurance solutions. Curtis McCone, president of HSBI …