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19 06, 2019

Tower Hill Specialty Adds Coverage Options in Mississippi

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Tower Hill Specialty has further expanded into the Southeast and is now offering manufactured housing and dwelling fire insurance policies in Mississippi. Optional coverage features include equipment breakdown and service line endorsements. The equipment breakdown option provides coverage for items …

19 06, 2019

‘Burning River’ Loses Sting in Cleveland 50 Years After Fire

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CLEVELAND — Fifty years after the Cuyahoga River’s most famous fire, a plucky new generation of Cleveland artists and entrepreneurs has turned the old jokes into inspiration and forged decades of embarrassment into a fiery brand of local pride. “Everybody …

19 06, 2019

10 Arrests Made in Florida Unlicensed Contractor, Workers’ Comp Fraud Sting

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Ten individuals have been arrested in a three-day unlicensed contracting and workers’ compensation fraud sting in Pinellas County, Fla., according to a statement from Florida CFO Jimmy Patronis. The joint operation between fraud detectives with the Florida Department of Financial …

19 06, 2019

Rain-hit Cricket World Cup May Cost Insurers Millions

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LONDON — Lost revenues from a record number of rain-hit cricket World Cup games in England and Wales may result in insurance claims of a few million pounds for each abandoned fixture, insurance sources say. Broadcasters, organisers, venues, advertising sponsors …

19 06, 2019

Alera Group Selects Englert as National P&C Leader

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Alera Group, a national employee benefits, property/casualty, risk management and wealth management firm based in Deerfield, Illinois, has appointed Mark Englert as national property/casualty practice leader. Englert will be responsible for continuing Alera Group’s path toward building world-class property/casualty solutions. …

19 06, 2019

Pilots, Attendants to Get Their Turn at Boeing 737 Max Hearing

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Pilots and flight attendants, who have been critical of Boeing Co.’s handling of the beleaguered 737 Max, will air their concerns Wednesday with lawmakers probing actions by the company and its regulators in the run-up to two fatal crashes. Leaders …

19 06, 2019

Caribbean Insurers’ Net Income Rebounds After 2016-2017 Hurricane Seasons: AM Best

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An analysis of AM Best-rated property/casualty insurers based in the Caribbean found that overall net income rebounded significantly following the 2016-2017 hurricanes to $32.2 million in 2018 compared with a $4.3 million loss in the previous year. After losses in …

19 06, 2019

How Hackers Can Take Over Your Car’s GPS

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An autonomous systems defense company contends it has successfully spoofed the GPS mechanism of a Tesla Model 3 using the automaker’s latest Autopilot technology, sending the vehicle off its intended route. Regulus Cyber said it used commercially available hardware and …

19 06, 2019

Aspen Taps Brekenfeld from Lloyd’s as Director of Global Corporate Development

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Aspen Insurance Holdings Ltd. announced that Joshua (Josh) Brekenfeld has been appointed director of Global Corporate Development. Brekenfeld joins Aspen from Lloyd’s of London where he spent six years in senior roles, most recently leading the business oversight relationship between …

19 06, 2019

Police Say Defects May be to Blame for Balcony Collapse that Injured Utah Couple, 5 Children

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A Utah couple and five of their nine children are recovering from injuries after the balcony on their home collapsed. Spring City police say the accident occurred about 9:30 p.m. Sunday. The Salt Lake Tribune reports Adam Burningham, his wife …