This edition of International People Moves details appointments at insurer Hiscox, the reinsurance broker Inver Re, and the Lloyd’s managing agency, Blenheim Underwriting. A summary of these new hires follows here. Hiscox Appoints Starr’s Buchanan as Casualty Director Hiscox, the …
The Kentucky Associated General Contractors’ Self-Insurers’ Fund will make a $27 million dividend payment to members next spring, the fund announced. The dividend marks the 28th straight year that the fund has made a dividend payment, and the payouts now …
The Alabama Department of Insurance will hold a public hearing Dec. 6 on the proposed merger of Birmingham-based ProAssurance Specialty Insurance Co. and Noetic Specialty Insurance, a Vermont company. The publicly traded ProAssurance, which also acquired the NorCal Group earlier …
After two months of significant declines, litigated claims for Florida’s largest property and casualty insurers rose 5% in October, a litigation tracking service reported. CaseGlide, a litigation management software firm that analyzes claims dispute data, said the number of litigated …
AM Best placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Golden Bear Insurance Co. in Stockton, Calif. The ratings of Golden Bear were placed under …
California Insurance Commissioner Ricardo Lara on Friday ordered the FAIR Plan to implement his mandated increases to its decades-old commercial property coverage limits offered to businesses. “My order is part of an ongoing commitment to helping businesses in California thrive …
Late last month in New Castle County, Delaware, a grand jury indicted multiple residents for insurance fraud. The indictments stem from Department of Insurance Fraud Prevention Bureau investigations, in partnership with the Delaware Department of Justice. They allege that following …
The National Council on Compensation Insurance has launched a workers’ compensation learning academy for member carriers. “NCCI affiliates have asked for convenient training and development programs focused on workers compensation insurance,” the council said in a bulletin. The learning sessions …
Willis Towers Watson Hires Latham to Mid-Atlantic FINEX Commercial Team Willis Towers Watson, a global advisory, broking and solutions company, hired Kenneth Latham to as associate director for the Mid-Atlantic FINEX commercial team. Latham will be responsible for all aspects …
Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the launch of the Guy Carpenter Insurtech Center of Excellence (COE) to provide comprehensive services to global re/insurance carriers and managing general agents (MGAs), powered through modern technology …