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17 11, 2020

Is the Aviation Insurance Market Ready for a COVID-19 Vaccine?

By | November 17th, 2020|Uncategorized|Comments Off on Is the Aviation Insurance Market Ready for a COVID-19 Vaccine?

As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need to turn its attention to how the product can be safely and efficiently distributed. Recent figures from the International Air …

17 11, 2020

Connecticut’s TigerRisk Partners Appoints O’Keefe as Head of Strategy

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TigerRisk Partners has appointed Bill O’Keefe as its head of Strategy. In this new role, O’Keefe will identify growth initiatives, advise the company’s leadership and consult with clients to drive results. O’Keefe comes to TigerRisk from McKinsey & Company, where …

17 11, 2020

Kaufman Dolowich & Voluck Hires Mancebo as a Partner in New York City

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Kaufman Dolowich & Voluck LLP (KDV), a national law firm serving the business and insurance communities and headquartered in Woodbury, N.Y., has hired John Mancebo as a partner in its New York City office. Mancebo, who was previously chair of …

17 11, 2020

Two Dead, One Missing in Blast at Veterans Hospital Outbuilding in Connecticut

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An apparent steam explosion in a maintenance building at a Veterans Affairs hospital in Connecticut killed two people Friday, and a third person is missing, officials said. “We received a report this morning that an explosion occurred at the West …

17 11, 2020

Flexible Work Could Boost Applications from Women for Senior Roles by 20%: Zurich

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Employers that embrace flexible working after the COVID-19 pandemic could boost applications from women for top jobs by as much as 20%, according to a study by Zurich Insurance. Between March 2019 and February this year, Zurich’s UK subsidiary gained …

16 11, 2020

HSB Offers Consultancy Services in UK, Ireland to Help Firms Improve Life of Equipment

By | November 16th, 2020|Uncategorized|Comments Off on HSB Offers Consultancy Services in UK, Ireland to Help Firms Improve Life of Equipment

HSB is expanding its engineering services to deliver consultancy services that enable businesses to improve efficiency and meet their compliance obligations. Using the technical knowledge and expertise of its engineers, HSB’s new range of consultancy services will provide businesses with …

16 11, 2020

Specialty Re/insurer Chaucer Launches Bermuda Reinsurance Branch for U.S. Business

By | November 16th, 2020|Uncategorized|Comments Off on Specialty Re/insurer Chaucer Launches Bermuda Reinsurance Branch for U.S. Business

Chaucer, the London-based specialty re/insurance group, announced the launch of a reinsurance branch in Bermuda to provide U.S. clients with greater access to its underwriting expertise and capacity. This follows the receipt of the necessary regulatory approvals from the Bermuda …

16 11, 2020

U.S. Expected to Grant Safety Clearance for Boeing’s 737 MAX This Week

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After a standoff with global regulators, management turmoil and a massive safety review, Boeing Co. is set to win U.S. approval on Wednesday to resume flights of its grounded 737 MAX. But the largest U.S. airplane maker faces headwinds from …

16 11, 2020

Hurricane Iota Threatens Honduras, Nicaragua, Just Days After Storm Eta

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Iota became the thirteenth hurricane of the Atlantic season early Sunday, threatening to bring another dangerous system to Nicaragua and Honduras – countries recently clobbered by a Category 4 Hurricane Eta. Iota was already a record-breaking system, being the 30th …

16 11, 2020

Obsidian Specialty Insurance Company Receives A- Rating from AM Best

By | November 16th, 2020|Uncategorized|Comments Off on Obsidian Specialty Insurance Company Receives A- Rating from AM Best

AM Best has assigned the recently-formed excess and surplus (E&S) lines insurer, Obsidian Specialty Insurance Company, a financial strength rating of A- (Excellent). Obsidian Specialty is a program fronting carrier serving managing general agents, managing general underwriters and program managers. …