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Schreiner Joins Markel as Senior VP
Linda V. Screiner has joined Markel Corp. to become senior vice president for strategic management, effective January 4, 2016. She will be based out of the Richmond, Virginia, office and will report to F. Michael Crowley, president and co-chief operating …
Penn. Encourages Older Drivers to Assess Their Skills Behind the Wheel
With the number of older Pennsylvanians steadily increasing, the Pennsylvania Departments of Transportation, Aging, and Insurance remind citizens that striking the right balance between safety on roadways and the mobility of older drivers is very important. “Driving is a privilege; …
91 Sickened by Norovirus Tied to Boston Chipotle; CEO Apologizes Over Illnesses
Chipotle Mexican Grill Inc shares jumped more than 5 percent on Thursday after its founder promised strict new food-safety practices to prevent illnesses, but hours later one of its Seattle restaurants was shut down for repeated violations. Earlier Thursday, founder …
New York, New Jersey, Connecticut Team Up on Security for Holidays
Law enforcement agencies in New York, New Jersey and Connecticut are working together to boost security on New York’s public transportation network during the holidays. New York Gov. Andrew Cuomo signed an executive order Tuesday giving law enforcement from New …
Allianz Global Names AIG’s Williams Environmental Liability Manager for North America
Allianz Global Corporate & Specialty (AGCS) reported that Thomas Williams has been named regional practice leader, Environmental Impairment Liability (EIL), for North America. Based in Atlanta, he will report to Dieter J. Hautzer, vice president, regional head of liability for …
Investors Assess El Niño Effect on Businesses from Bug Killers to Insurers
As the El Niño weather phenomenon makes the U.S. Northeast warmer, the Midwest drier, and the South and the West wetter this winter, Eric Marshall, portfolio manager of the $2 billion Hodges Small Cap fund, is not one of those …
Great American Insurance Launches M&A Liability Division in New York
Great American Insurance Group, based in Cincinnati, Ohio, has launched a new Mergers & Acquisitions Liability Division. This unit, which is based in New York, will offer primary and excess representations and warranties and tax indemnity insurance coverage for U.S.-based …
Insurers Get Tax Credits for Investments in Underserved California Communities
California Insurance Commissioner Dave Jones on Thursda announced $9.3 million in tax credits awarded to insurance companies and other investors that made more than $46.6 million in capital investments into California’s underserved communities through the second round of the 2015 …
Towers Watson and Willis Shareholders Approve $8.9 Billion Merger Deal
Towers Watson & Co. won approval from its shareholders for an $8.9 billion merger with insurance broker Willis Group Holdings Plc, overcoming opposition from proxy advisers. Willis shareholders also supported the combination, according to a joint statement from the companies …
Fire-Damaged Oregon Forests Vulnerable to Landslides: Scientists
Scientists say the fire-damaged forests are more susceptible to landslides, and another week of rain and snow could heighten that risk for eastern Oregon. The East Oregonian reported that wildfires have stripped away water-soaking vegetation in areas like Canyon Creek, …