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JLT Specialty Hires Brown as SVP of Fine Art, Jewelry & Specie Practice in N.Y.
JLT Specialty USA, a U.S. subsidiary of London-based Jardine Lloyd Thompson Group plc. (JLT), has hired Nikki Brown as senior vice president of the Fine Art, Jewelry and Specie practice. She is based in New York City. Brown most recently …
Bates Named President of Atain Insurance
H.W. Kaufman Financial Group, headquartered in Detroit/Farmington Hills, Mich., has hired Wayne Bates to serve as president of Atain Insurance Cos. and corporate senior vice president of Kaufman Financial Group. He will be responsible for leading Atain’s overarching growth strategy, …
Rockhill Insurance Realigns Underwriting Management Team
Rockhill Insurance Group, based in Kansas City, Mo., announced it has realigned its organizational underwriting structure to better serve wholesale brokers. Chief Operating Officer Doug Goode now presides over three main product teams led by the following regional presidents: Mike Towell, regional …
Illinois DOT: Back-Seat Passengers more Likely Unbuckled
Illinois law has required back-seat passengers to wear seat belts since 2012. An Illinois Department of Transportation survey shows nearly 85 percent of the state’s back-seat passengers are buckling up, an increase of 7 percentage points since 2013. But it’s …
Texas State Fire Marshal Report: Fire Occurred Every 7 Minutes in 2014
In 2014, 957 fire departments in Texas reported 72,124 fires, with a fire occurring every seven minutes, 163 civilian fire deaths, 780 civilian fire injuries and $662,625,954 in property, according to a report from the State Fire Marshal’s Office. In …
Judge Suspends Lawsuit over Stolen Nazi Art at U. of Oklahoma
A federal judge has suspended activity in a lawsuit that challenges the ownership of a painting that hangs at a University of Oklahoma art gallery as negotiations continue with a French woman who claims the artwork was stolen from her …
Entrepreneurs Raise $13 Million to ‘Reinvent’ U.S. P/C Insurance with Peer-to-Peer Insurer
The U.S. property/casualty insurance industry is about to be tested directly by the sharing economy. Two tech entrepreneurs have raised $13 million in initial funding to launch a peer-to-peer online property/casualty insurance company named Lemonade, which they promise will reinvent …
Carjackings Rise in New Orleans for 2nd Straight Year
Carjackings are rising quickly in New Orleans, and analysts don’t know why. Carjackings remained fairly steady from 2010 through 2013, but the number rose from 53 in 2013 to 145 so far this year, The New Orleans Advocate reported Sunday. …
South Carolina Insurers to Weather At Least $181M in Claims from October Storm
The mega-storm that devastated South Carolina in early October is estimated to have cost more than $1.4 billion with insurers paying around $181 million of those losses in claims, so far. South Carolina Gov. Nikki Haley announced the flood damage …
Woodruff-Sawyer to Acquire Capstone Insurance in Massachusetts
Woodruff-Sawyer & Co., an independent brokerage based in San Francisco, announced today that it will be acquiring Capstone Insurance, the property/casualty brokerage division of Newton, Massachusetts-based financial services firm EBS Capstone. The transaction is expected to be completed by the …