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17 12, 2018

Hyundai, Kia Owners Sue Manufacturers, Claim Fires Caused by Engine Defect

By | December 17th, 2018|Uncategorized|Comments Off on Hyundai, Kia Owners Sue Manufacturers, Claim Fires Caused by Engine Defect

Hyundai Motor Co. and Kia Motors Corp. were sued by U.S. drivers over an alleged defect that could cause certain engines to catch fire, adding pressure on the South Korean automakers being probed by U.S. authorities. More than 350 consumer …

17 12, 2018

California Regulators Say Utility Falsified Pipeline Safety Records

By | December 17th, 2018|Uncategorized|Comments Off on California Regulators Say Utility Falsified Pipeline Safety Records

Regulators have accused one of California’s largest utilities of falsifying safety documents for natural gas pipelines for years following its criminal conviction and multimillion-dollar fine for a pipeline explosion that killed eight people near San Francisco. The California Public Utilities …

18 12, 2018

‘Changing Climate’ Intensifying Disasters Per Texas Report

By | December 18th, 2018|Uncategorized|Comments Off on ‘Changing Climate’ Intensifying Disasters Per Texas Report

Powerful natural disasters in Texas on the scale of Hurricane Harvey‘s deadly destruction last year will become more frequent because of a changing climate, warned a new report Thursday ordered by Republican Gov. Greg Abbott in a state where skepticism …

17 12, 2018

Premium Finance Firm National Partners to be Acquired by Digital Lender WebBank

By | December 17th, 2018|Uncategorized|Comments Off on Premium Finance Firm National Partners to be Acquired by Digital Lender WebBank

Salt Lake City-based digital lender WebBank has agreed to acquire Denver-based National Partners, a national insurance premium finance company and subsidiary of MLF Financial Group. This is the first foray into insurance premium finance for WebBank, a national issuer of …

17 12, 2018

Swiss Re Appoints Hodges as CEO at ReAssure to Lead on Expected IPO

By | December 17th, 2018|Uncategorized|Comments Off on Swiss Re Appoints Hodges as CEO at ReAssure to Lead on Expected IPO

As part of the preparation towards a potential initial public offering (IPO) of ReAssure, Swiss Re announced it has appointed Mark Hodges, currently chief executive officer of Centrica Consumer division, as new CEO of ReAssure beginning in March 2019. The …

18 12, 2018

Opinion: More People Means More Cars, and More Deaths

By | December 18th, 2018|Uncategorized|Comments Off on Opinion: More People Means More Cars, and More Deaths

More than 1.3 million people died in road traffic accidents in 2016, an all-time high, according to the World Health Organization. A world with more people and more cars means more death on the world’s roads. Those deaths, though, are …

17 12, 2018

IICF Raises Nearly $1.3M for N.Y. Nonprofits, Honors HUB International Limited

By | December 17th, 2018|Uncategorized|Comments Off on IICF Raises Nearly $1.3M for N.Y. Nonprofits, Honors HUB International Limited

The Insurance Industry Charitable Foundation (IICF) has announced that nearly $1.3 million was raised on Wednesday, December 12, at its 12th annual Northeast Benefit Dinner to fund the IICF Northeast Division’s Community Grants Program. This includes nearly $65,000 raised through …

17 12, 2018

Swiss Re Appoints Hodges as CEO at ReAssure to Lead on Expected IPO

By | December 17th, 2018|Uncategorized|Comments Off on Swiss Re Appoints Hodges as CEO at ReAssure to Lead on Expected IPO

As part of the preparation towards a potential initial public offering (IPO) of ReAssure, Swiss Re announced it has appointed Mark Hodges, currently chief executive officer of Centrica Consumer division, as new CEO of ReAssure beginning in March 2019. The …

18 12, 2018

South Dakota Researcher Developing Fire Risk Estimation Tool

By | December 18th, 2018|Uncategorized|Comments Off on South Dakota Researcher Developing Fire Risk Estimation Tool

South Dakota’s state fire meteorologist is part of a coalition using satellite technology to notify fire managers when fuels are abnormally dry. Darren Clabo, a research scientist and instructor at the South Dakota School of Mines & Technology, is collaborating …

17 12, 2018

JLT Re Partners with Insurtech for Auto Insurance MGA Pact

By | December 17th, 2018|Uncategorized|Comments Off on JLT Re Partners with Insurtech for Auto Insurance MGA Pact

Reinsurance broker JLT Re North America is partnering with Pact Insurance, a personal auto insurtech company, to develop digital insurance products for mobility risks. Pact is a managing general agency headquartered in San Francisco and currently offers low cost, on-demand …