14 12, 2020

Flight Attendants Say United Airlines Quarantine Protocols Are Unsafe

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United Airlines is telling some flight attendants whose colleagues test positive for COVID-19 to keep flying and monitor for symptoms, three employees told Reuters, raising concerns among staff about the policy. “Most of us feel that’s unsafe,” said one of …

15 12, 2020

Legacy Specialist Carrick Specialty Holdings Buys UK-Based Community Re

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Carrick Specialty Holdings LLC, a New York City-based international non-life legacy business that provides reinsurance and run-off management solutions, announced its UK-based subsidiary, Carrick UK Holdings Co. Ltd., has acquired London-based reinsurer Community Reinsurance Corp. Ltd. from Hampden PLC. Terms …

14 12, 2020

With Economic Damages of $9B, Hurricanes Eta and Iota Topped Off Record Year: Aon

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Hurricanes Eta and Iota in November topped off the 2020 Atlantic hurricane season when a record of 12 named storms made landfall in the United States. The two final hurricanes of the season had an economic cost of approximately $9 …

15 12, 2020

Boston Insurance Brokerage Hires Gabriel to Healthcare Professional Team

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Boston Insurance Brokerage LLC (BIB) has hired Alex Gabriel to its Healthcare Professional Team. He will be working to grow business out of Northern Virginia. Gabriel brings with him more than 15 years of experience spanning brokerage and managing general …

14 12, 2020

AmTrust International Hires Kiernan and Stroulger as London Underwriters

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AmTrust International, the UK and International arm of New York-based insurer AmTrust Financial Services, Inc., announced two key senior underwriting appointments to its Specialty Team. Dean Kiernan joins the Professional Indemnity Team as a senior underwriter, while Donna Stroulger joins …

15 12, 2020

Arthur J. Gallagher & Co. Acquires Pennsylvania’s Premier Brokerage Services

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Arthur J. Gallagher & Co. has acquired Jenkintown, Penn.-based Premier Brokerage Services Inc. Terms of the transaction were not disclosed. Founded in 1995, Premier is a high-net-worth focused life insurance wholesale agency offering primarily permanent and term life insurance, annuities …

14 12, 2020

Trump Administration’s Rule Aims to Slow Workplace Discrimination Lawsuits

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The leader of the U.S. workplace anti-discrimination agency is pursuing a policy shift that could slow litigation against companies long after President-Elect Joe Biden takes office. Janet Dhillon, the chair of the Equal Employment Opportunity Commission, has recently circulated a …

15 12, 2020

Vermont Hospital Cyber Attack Cost Estimated at $1.5M a Day

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A late October cyber attack on the computer systems of the University of Vermont Medical Center is costing the hospital about $1.5 million a day in lost revenue and recovery costs, its CEO said. The Oct. 28 attack crippled the …

14 12, 2020

AM Best Upgrades Credit Ratings of Members of Concord Group Insurance Companies

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AM Best has upgraded the financial strength rating (FSR) to A+ (superior) from A (excellent) and the long-term issuer credit ratings (long-term ICR) to “aa-” from “a+” for the members of Concord Group Insurance Companies, which is led by Concord …

15 12, 2020

FDA Appears Close to Approving ‘Highly Effective’ Moderna COVID-19 Vaccine

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Moderna Inc.’s COVID-19 vaccine appeared to be set for regulatory authorization this week after U.S. Food and Drug Administration staff members did not raise any major new concerns about it in documents released on Tuesday. The FDA reviewers said a …