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1 10, 2021

OSHA Fines Tampa Smelter $320,000 for Lead Exposure

By | October 1st, 2021|Uncategorized|Comments Off on OSHA Fines Tampa Smelter $320,000 for Lead Exposure

The U.S. Occupational Safety and Health Administration has fined a Tampa battery recycling center and smelter almost $320,000 for exposing workers to unsafe levels of lead, cadmium and arsenic, despite being warned about its practices last year, OSHA announced. Envirofocus …

29 09, 2021

Amwins Global Risks Launches Underwriting Portfolio Mgmt Team; AXA XL Promotes MacFarlane to Head of Climate; R&Q Appoints Pinkes as CEO for Legacy Insurance

By | September 29th, 2021|Uncategorized|Comments Off on Amwins Global Risks Launches Underwriting Portfolio Mgmt Team; AXA XL Promotes MacFarlane to Head of Climate; R&Q Appoints Pinkes as CEO for Legacy Insurance

This edition of International People Moves covers appointments at Amwins Global Risks, AXA XL and Randall & Quilter. A summary of these new hires follows. Amwins Global Risks Launches Underwriting Portfolio Management Team Amwins Global Risks, the international arm of …

29 09, 2021

Broker BMS Re Launches Operations in Brazil, Led by 2 Former Guy Carpenter Execs

By | September 29th, 2021|Uncategorized|Comments Off on Broker BMS Re Launches Operations in Brazil, Led by 2 Former Guy Carpenter Execs

BMS Re, the independent specialist reinsurance broker, announced the launch of BMS Brasil Corretora de Resseguros Ltda (BMS Re Brazil), headquartered in Sao Paulo. Confirmation of BMS Re Brazil’s license was published in the Official Gazette on Sept. 27. José …

29 09, 2021

CNN Prevents Australians From Accessing Its Facebook Pages, Citing Defamation Risk

By | September 29th, 2021|Uncategorized|Comments Off on CNN Prevents Australians From Accessing Its Facebook Pages, Citing Defamation Risk

SYDNEY – CNN said it is preventing Australians from accessing its Facebook Inc pages after a court ruled that publishers can be liable for defamation in public comment sections and the social media firm refused to help it disable comments …

29 09, 2021

ACORD Releases Re/Insurance Data Standards for Electronic Placing

By | September 29th, 2021|Uncategorized|Comments Off on ACORD Releases Re/Insurance Data Standards for Electronic Placing

ACORD, the standards-setting body for the global insurance industry, announced the expansion of its Global Reinsurance & Large Commercial (GRLC) Data Standards, to include new standards for electronic placing. Re/insurers will be able to leverage these newly developed standards in …

29 09, 2021

Connected Motor Insurtech Ticker and Abacai Partner to Raise Capacity, Expand Offering

By | September 29th, 2021|Uncategorized|Comments Off on Connected Motor Insurtech Ticker and Abacai Partner to Raise Capacity, Expand Offering

UK connected motor insurtech Ticker and Abacai Group have partnered to increase Ticker’s capacity and introduce new levels of pricing sophistication, bringing connected insurance to a much wider market. Founded in 2018 and launched in 2019 with the backing of …

29 09, 2021

Cash-Strapped China Evergrande Sells Bank Stake to Repay Loan

By | September 29th, 2021|Uncategorized|Comments Off on Cash-Strapped China Evergrande Sells Bank Stake to Repay Loan

Cash-strapped China Evergrande Group left its offshore bondholders guessing whether it would pay interest on a bond coupon due Wednesday, despite agreeing to settle debt with a Chinese bank in a $1.5 billion stake divestment deal. With liabilities of $305 …

29 09, 2021

Final Chunk of Wrecked Cargo Ship Awaits Removal off Georgia Coast

By | September 29th, 2021|Uncategorized|Comments Off on Final Chunk of Wrecked Cargo Ship Awaits Removal off Georgia Coast

The final chunk of a cargo ship that capsized two years ago along the Georgia coast is awaiting removal from the water. Salvage crews have worked since November to cut the South Korean freighter Golden Ray into eight giant chunks …

29 09, 2021

Climate Change Ranks as Top Concern for Insurers, Replacing Pandemic

By | September 29th, 2021|Uncategorized|Comments Off on Climate Change Ranks as Top Concern for Insurers, Replacing Pandemic

Climate change has returned to the top of the list of insurers’ biggest concerns as the vaccine roll-out and gradual lifting of health restrictions see pandemic fears ease in many countries. Global warming was ranked as the biggest risk to …

29 09, 2021

Arrowhead Expands Workers’ Comp Program in 5 Southeastern States

By | September 29th, 2021|Uncategorized|Comments Off on Arrowhead Expands Workers’ Comp Program in 5 Southeastern States

Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the expansion of its Workers’ Compensation Program into five new southeastern states: Tennessee, Georgia, North and South Carolina and Alabama, with more states to come next year. “Expansion in these southeast states …