8 07, 2022

Georgia Insurance Office to Hold Hearing on Agency, Fire Safety Rule Changes

By | July 8th, 2022|Uncategorized|Comments Off on Georgia Insurance Office to Hold Hearing on Agency, Fire Safety Rule Changes

The Georgia Commissioner of Insurance will hold a hearing in August on a slew of proposed rule changes, affecting everything from fire safety at self-serve gas pumps and group homes to insurance agency license renewals. The hearing will be Aug. …

7 07, 2022

Lloyd’s Insurer Probitas Starts Underwriting Cyber

By | July 7th, 2022|Uncategorized|Comments Off on Lloyd’s Insurer Probitas Starts Underwriting Cyber

Probitas 1492, the Lloyd’s insurer, has started underwriting cyber insurance with Richard Taylor, head of Cyber & Technology, focusing the book of business on complex small-and-medium-sized enterprises (SME), up to large single risks. “We have spent the past couple of …

7 07, 2022

Dutch Airline KLM Sued by Environmental Groups Over Alleged ‘Greenwashing’ Ads

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Environmental groups are suing the Dutch subsidiary of Air France-KLM over an advertising campaign they allege breaches European consumer law by misleading the public over how sustainable its flights are. Dutch campaigners Fossielvrij NL, supported by environmental law charity ClientEarth …

7 07, 2022

Massachusetts High Court Rules Attorney’s Fees Are Not Part of Insured Damages

By | July 7th, 2022|Uncategorized|Comments Off on Massachusetts High Court Rules Attorney’s Fees Are Not Part of Insured Damages

The Massachusetts Supreme Judicial Court has ruled that attorney’s fees from a consumer protection lawsuit are not covered as part of bodily injury damages under a business liability policy, reversing a lower court that had found they were covered. Attorney’s …

7 07, 2022

The Next Frontier for Drones: Letting Them Fly Out of Sight

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For years, there’s been a cardinal rule for flying civilian drones: Keep them within your line of sight. Not just because it’s a good idea – it’s also the law. But some drones have recently gotten permission to soar out …

7 07, 2022

People Moves: Chubb Global Markets Promotes Kirk to Head of Marine; WTW Hires PwC’s Tahir Thomson for Risk & Capital Mgmt.; BMS Names 4 Senior Leaders in Asia

By | July 7th, 2022|Uncategorized|Comments Off on People Moves: Chubb Global Markets Promotes Kirk to Head of Marine; WTW Hires PwC’s Tahir Thomson for Risk & Capital Mgmt.; BMS Names 4 Senior Leaders in Asia

This edition of International People Moves details appointments at Chubb Global Markets and two brokers, Willis Towers Watson (WTW) and BMS. A summary of the new hires follows here. Chubb Global Markets Promotes Kirk to Head of Marine Chubb announced …

7 07, 2022

North Carolina Appeals Court Overturns COVID Coverage Ruling Against Insurer

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A North Carolina appellate court has overturned a rare win by businesses seeking to compel insurance coverage for their COVID-19 shutdown losses. In North State Deli et al vs. The Cincinnati Insurance Co., a three-judge panel of the state Court …

7 07, 2022

WV Governor Pushes Back After Feds Deny Flood Assistance

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West Virginia Gov. Jim Justice said he plans to appeal a ruling that denied federal assistance for flooding in three counties. Justice said Tuesday that the Federal Emergency Management Agency ruled that May 6 storm damage was not severe enough …

7 07, 2022

People Moves: Heinrich CEO of Tokio Marine Highland; Kiernan, Smalley New Roles at AXA XL Re; QBE Re North America Promotions

By | July 7th, 2022|Uncategorized|Comments Off on People Moves: Heinrich CEO of Tokio Marine Highland; Kiernan, Smalley New Roles at AXA XL Re; QBE Re North America Promotions

AXA XL Reinsurance appoints Peter Kiernan as Head of US Property, Bermuda Reinsurance and Simon Penney, Head of Underwriting Analytics AXA XL Reinsurance has appointed Peter Kiernan as head of US Property, Bermuda Reinsurance, effective July 1. He will be …

7 07, 2022

9-Year-Old Injured in Northern California Train Crash Dies

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A 9-year-old boy who was badly injured in a Northern California commuter train crash that killed three other people has died, according to a GoFundMe page set up for his family. Julien Nieves of Dixon died this week of injuries …