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16 12, 2019

Burns & Wilcox Names Clark Managing Director in Colorado

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Burns & Wilcox has named Michelle Clark a managing director in Denver, Colo. Clark oversees the day-to-day operations of the Denver team and leads the office’s growth strategy. She has more than 25 years of experience in the insurance industry. …

13 12, 2019

Insurance Agents & Brokers Opens New Office in Maryland

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Insurance Agents & Brokers (IA&B) opened an office in Annapolis, Md., on December 1. The organization also operates an office outside of Harrisburg, Penn. The location allows access to the Maryland State House, as well as a central meeting place …

16 12, 2019

CSAA Insurance in California Names Hecht, Huebner Executive Vice President

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Walnut Creek, Calif.-based CSAA Insurance Group has named Andrea Hecht executive vice president and chief financial officer, and promoted Chief Risk Officer Jeff Huebner to executive vice president. Hecht leads the company’s finance division and is responsible for the accounting, …

13 12, 2019

Report Says Boston Public Transit System Needs to Improve Safety

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The public transportation system in metropolitan Boston needs to step up efforts to improve safety along its network of subways, buses and commuter rail trains. That’s the finding of a panel of transit experts hired in June by the Massachusetts …

16 12, 2019

California Business Owner Nailed for Workers’ Comp Fraud, to Pay $944K on Restitution to Insurer

By | December 16th, 2019|Uncategorized|Comments Off on California Business Owner Nailed for Workers’ Comp Fraud, to Pay $944K on Restitution to Insurer

Michael Zendejas, 47, of Turlock, Calif., was sentenced to 180 hours of community service, three years formal probation and ordered to pay $944,718 in restitution after pleading no contest to insurance fraud for under reporting payroll by roughly $4.9 million …

13 12, 2019

Big Victory for Johnson and Conservatives Clears Way for Quick Brexit

By | December 13th, 2019|Uncategorized|Comments Off on Big Victory for Johnson and Conservatives Clears Way for Quick Brexit

Britain was speeding towards Brexit on Friday after Prime Minister Boris Johnson won a crushing election victory, ending three years of uncertainty since the country decided to leave the bloc. Exiting the European Union, a goal Johnson has pursued relentlessly …

16 12, 2019

Bermuda Gains Reciprocal Status With U.S. Starting in 2020

By | December 16th, 2019|Uncategorized|Comments Off on Bermuda Gains Reciprocal Status With U.S. Starting in 2020

Bermuda’s insurance market gains reciprocal status with the U.S. as of Jan. 1, 2020, something that industry and business groups there are celebrating as they countdown to the new year. Reciprocal status will make Bermuda on par with the U.S., …

13 12, 2019

Big Victory for Johnson and Brexit. Now What?

By | December 13th, 2019|Uncategorized|Comments Off on Big Victory for Johnson and Brexit. Now What?

Prime Minister Boris Johnson won a sweeping election victory on a promise to “Get Brexit done,” but a reality check awaits for voters hoping that the messy divorce is finally over. It’s just the beginning. Johnson should now be able …

17 12, 2019

Florida Auto Insurer Windhaven Placed Into Rehabilitation

By | December 17th, 2019|Uncategorized|Comments Off on Florida Auto Insurer Windhaven Placed Into Rehabilitation

The future of another Florida domestic insurer is now in the hands of state regulators. Non-standard private passenger auto insurer Windhaven Insurance Co. (WIC), based in Miami, has been placed into rehabilitation by a Florida court and the Florida Department …

13 12, 2019

Vale Says Mine Collapse in Brazil Partially Linked to High Water Level

By | December 13th, 2019|Uncategorized|Comments Off on Vale Says Mine Collapse in Brazil Partially Linked to High Water Level

The deadly collapse of a Vale SA’s mining waste dam in Brazil was partially triggered by “a persistently high water level” that caused the structure to lose strength and stability, according to a report by a panel of experts appointed …