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06, 2016
Investigators Find Main Wreckage Sites of Crashed EgyptAir Flight 804
Investigators found the main wreckage sites of EgyptAir Flight 804, which crashed last month over the Mediterranean Sea with 66 people on board. A search team provided images of the Airbus Group SE A320 jetliner’s remains to authorities, Egypt’s Ministry …
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06, 2016
Massachusetts Considers New Rules for Duck Boats After Fatal Crash
The parents of a woman who died in a crash involving a duck boat urged Massachusetts state officials on Wednesday to require new safety rules for the amphibious sightseeing vessels. Ivan and Martha Warmuth joined several lawmakers at the Statehouse …
16
06, 2016
BHSI Opens German Office, Fills Key Roles in Northern Europe
Berkshire Hathaway Specialty Insurance Co. (BHSI) in coordination with its affiliate Berkshire Hathaway International Insurance Limited (BHIIL), announced it has opened an office in Düsseldorf, Germany, and filled key executive roles in Northern Europe. “We are laying the foundation to …
17
06, 2016
Swiss Re Hikes Corporate Debt Holdings, Cuts Risky Government Bonds
The European Central Bank has turned government bonds into one of the riskiest asset classes, prompting Swiss Re AG to move more of its investments into corporate debt, according to the reinsurer’s chief investment officer. “If you’re looking for a …
16
06, 2016
Ironshore’s Pembroke Agency Partners with Old Mutual for Africa Risks
Ironshore’s Pembroke Managing Agency Ltd. has entered into a management agreement with Old Mutual Group to underwrite select specialty lines for African risks. Pembroke’s Lloyd’s Syndicate 4000 partners with Old Mutual Specialty Insurance, to offer coverage for multiple property, casualty …
17
06, 2016
Church Mutual, Insight Worldwide Partner on Pre-Employment Screening
Merrill, Wis.-based Church Mutual Insurance Co. announced it has partnered with Insight Worldwide to offer access to pre-employment screening for those who hire employees at senior living communities. Pre-screening applicants before engaging in an employment agreement helps ensure that new …
16
06, 2016
AIG CEO Hancock Finds Common Ground, Transparency with Activist Directors
Activist investors Carl Icahn and John Paulson are making American International Group (AIG) more transparent through their representation on its board, the U.S. insurer’s president and chief executive Peter Hancock said on Wednesday. Hedge fund manager Paulson and Samuel Merksamer, …
17
06, 2016
Trucking Company, Driver Face Criminal Charges in Georgia Crash that Killed 5
A grand jury has indicted a tractor-trailer driver and his employer accused of causing a fiery interstate crash that killed five Georgia Southern University nursing students. The Bryan County grand jury on Wednesday indicted John Wayne Johnson of Shreveport, Louisiana, …
16
06, 2016
Zeppelin’s Page Testifies He Never Heard Song with Contested ‘Stairway’ Riff
Led Zeppelin guitarist Jimmy Page said a 1968 instrumental he’s accused of ripping off for the band’s iconic “Stairway to Heaven” was alien to him when he first heard it a few years ago. Page testified Wednesday in a trial …
17
06, 2016
Lockton Combines D.C., Northeast Operations
Insurance broker Lockton announced that it will add its Washington, D.C., operations to a newly combined Lockton Northeast team. Michael Calabrese will remain as chairman and CEO of the expanded Lockton operations in the Northeast. Bob Connolly will continue as …