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18 09, 2020

Private Jail Company Sued over Texas Woman’s Death

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The family of a woman who died after being held in an East Texas jail last year has filed a lawsuit against the company that runs the facility, claiming its staff neglected her care and ignored her pleas for help …

18 09, 2020

Constitutionality of ‘Wrongful Birth’ Law Gets Kansas Supreme Court Hearing

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The Kansas Supreme Court seemed worried on Sept. 16 about the proper roles of the Legislature and courts as it wrestled with whether a state statute that prohibits lawsuits based on “wrongful birth” claims is constitutional. Justices heard oral arguments …

18 09, 2020

Louisiana Insurance Agents Get C&D Orders for Alleged Misappropriated Premiums

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Two St. Martin Parish, Louisiana, insurance producers have been hit with Cease and Desist Orders and fines for allegedly misappropriating premium funds, Louisiana Department of Insurance (LDI) reported. The department said Tasey Ann Tolliver-Alexander is alleged to have misappropriated insurance …

18 09, 2020

Gallagher Bassett Transportation Creates Major Case Unit for Claims

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Gallagher Bassett Services Inc. (GB), based in Rolling Meadows, Ill., has launched the GB Transportation Major Case Unit (MCU), a claims handling center that focuses solely on clients’ most severe, complex and high exposure claims. Transportation Practice Senior Vice President …

18 09, 2020

Some Reinsurers Will Try Pandemic Exclusions for Casualty at Jan. 1 Renewals

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Whether they are convinced that they absolutely need them or not, some reinsurers aim to try to put pandemic exclusions into casualty reinsurance contracts next year, a reinsurance broker representative revealed recently. Amanda Nguyen, U.S. Casualty Solutions Leader for Reinsurance …

18 09, 2020

Insurance Development Forum Launches Insurance Program for Peruvian Schools

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The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, announced the launch of an insurance program for Peru’s public schools. The program is the result of a grant agreement between Germany’s …

18 09, 2020

Paskin Named CEO of Convex Re, Bermuda; Butt Named CEO of Convex Insurance UK

By | September 18th, 2020|Uncategorized|Comments Off on Paskin Named CEO of Convex Re, Bermuda; Butt Named CEO of Convex Insurance UK

Convex Group Ltd., the specialty insurer and reinsurer, announce that Matt Paskin has been appointed as CEO of Convex Re Ltd. (Bermuda) and Theo Butt has been appointed as CEO of Convex Insurance UK Ltd. (London). These appointments are subject …

18 09, 2020

What to Expect in 2021: Reinsurance Market Moving From ‘Timid’ to ‘Hard’

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Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of Bermuda-based Third Point Reinsurance, offered an anecdotal view of the reinsurance market from a broker he knows. “It isn’t a …

18 09, 2020

Londoners Slowly Return to Work After Schools Reopened

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Londoners are slowly returning to work in offices, factories and stores after children went back to school at the start of the month. Data compiled by Google show workplace attendance has increased slightly in three of the UK capital’s main …

18 09, 2020

Former Bank of England Chief Carney Joins Advisory Board of Allianz’ PIMCO

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Former Bank of England Governor Mark Carney will join the advisory board of PIMCO, one of the world’s biggest bond investment companies, adding to his existing roles with the United Nations and a Canadian asset manager. Carney will work alongside …