17 11, 2020

Flexible Work Could Boost Applications from Women for Senior Roles by 20%: Zurich

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Employers that embrace flexible working after the COVID-19 pandemic could boost applications from women for top jobs by as much as 20%, according to a study by Zurich Insurance. Between March 2019 and February this year, Zurich’s UK subsidiary gained …

16 11, 2020

HSB Offers Consultancy Services in UK, Ireland to Help Firms Improve Life of Equipment

By | November 16th, 2020|Uncategorized|Comments Off on HSB Offers Consultancy Services in UK, Ireland to Help Firms Improve Life of Equipment

HSB is expanding its engineering services to deliver consultancy services that enable businesses to improve efficiency and meet their compliance obligations. Using the technical knowledge and expertise of its engineers, HSB’s new range of consultancy services will provide businesses with …

16 11, 2020

Specialty Re/insurer Chaucer Launches Bermuda Reinsurance Branch for U.S. Business

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Chaucer, the London-based specialty re/insurance group, announced the launch of a reinsurance branch in Bermuda to provide U.S. clients with greater access to its underwriting expertise and capacity. This follows the receipt of the necessary regulatory approvals from the Bermuda …

16 11, 2020

U.S. Expected to Grant Safety Clearance for Boeing’s 737 MAX This Week

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After a standoff with global regulators, management turmoil and a massive safety review, Boeing Co. is set to win U.S. approval on Wednesday to resume flights of its grounded 737 MAX. But the largest U.S. airplane maker faces headwinds from …

16 11, 2020

Hurricane Iota Threatens Honduras, Nicaragua, Just Days After Storm Eta

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Iota became the thirteenth hurricane of the Atlantic season early Sunday, threatening to bring another dangerous system to Nicaragua and Honduras – countries recently clobbered by a Category 4 Hurricane Eta. Iota was already a record-breaking system, being the 30th …

16 11, 2020

Obsidian Specialty Insurance Company Receives A- Rating from AM Best

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AM Best has assigned the recently-formed excess and surplus (E&S) lines insurer, Obsidian Specialty Insurance Company, a financial strength rating of A- (Excellent). Obsidian Specialty is a program fronting carrier serving managing general agents, managing general underwriters and program managers. …

16 11, 2020

Alera Group Names Parker as VP of Employee Benefits Technology & Services

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Alera Group, a Deerfield, Ill.-based insurance and financial services firm, has named Brian Parker as vice president of Employee Benefits Technology & Services, effective November 1, 2020. He will be based out of Philadelphia, Penn. In this role, Parker will …

16 11, 2020

World Insurance Associates Acquires Virginia’s Danaher-Skewes & Associates

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World Insurance Associates LLC (WIA) acquired Danaher-Skewes & Associates Inc. of Manassas, Va., on November 1, 2020. Terms of the transaction were not disclosed. Established in 1963, Danaher-Skewes is an independent insurance agency, serving residents and businesses in Alexandria, Va., …

16 11, 2020

Independent Agents Seek Digital, Product Support From Carriers to Battle Direct Writers

By | November 16th, 2020|Uncategorized|Comments Off on Independent Agents Seek Digital, Product Support From Carriers to Battle Direct Writers

Independent insurance agents and their carrier partners face strong headwinds in their efforts to maintain their dominance among distribution channels due to increased competition and evolving consumer expectations, according to new research. According to the J.D. Power 2020 U.S. Independent …

16 11, 2020

Massachusetts Septic Hauler to Pay Fine to Settle Illegal Dumping Lawsuit

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A Massachusetts septic hauling company has agreed to pay up to $500,000 to settle allegations that it dumped waste into a local town’s sewer system to avoid paying disposal fees. State Attorney General Maura Healey said Friday that as part …