September 23, 2019

Mon, 23 Sep 2019 12:00:16 +0000
C3 Risk & Insurance Services has acquired Mission West Insurance, an Orange County, Calif.-based insurance brokerage. Terms of the deal were not disclosed. Mission West is an independent agency offering business, personal and employee benefits insuranc...
Mon, 23 Sep 2019 10:52:52 +0000
Saga Plc said on Monday it was securing alternative flights, where possible, for customers who are due to travel imminently and have been impacted by the collapse of Thomas Cook. The over-50s tourism and insurance firm said in an email …
Mon, 23 Sep 2019 08:34:37 +0000
Swiss Re Corporate Solutions has appointed Francesco Semprini as head Italy, effective Nov. 1, 2019. Based in Milan, Semprini will be responsible for managing the strategy, development and performance of Swiss Re Corporate Solutions’ business in Italy....
Mon, 23 Sep 2019 08:12:29 +0000
Lending standards in the rapidly growing loan market are deteriorating and complex financial products that mask risks to banks have parallels with the run-up to the 2008 financial crisis, the Bank for International Settlements warned on Sunday. The num...
Mon, 23 Sep 2019 07:36:42 +0000
HDI Global SE announced that Francesco Semprini, the long serving managing director of its Italy branch is leaving the company on Oct. 31 to become Swiss Re Corporate Solutions’ head Italy. He will be succeeded by Alberto Bellomi who will …
Mon, 23 Sep 2019 07:08:28 +0000
Hundreds of domestic flights in Japan were canceled because of Typhoon Tapah, and the storm caused similar disruptions in South Korea as it moved to make landfall later Sunday. Airlines operating in Japan called off more than 420 domestic flights …
Mon, 23 Sep 2019 06:52:35 +0000
Brazilian federal police proposed criminal charges against Vale SA, auditor TÜV SÜD and 13 of their employees, alleging fraud in relation to a deadly dam collapse in January, according to a document seen by Reuters on Friday. Federal police accused …
Mon, 23 Sep 2019 06:35:47 +0000
Jean-Paul Conoscente became the CEO of SCOR Global P&C in April 2019 when his predecessor, Victor Peignet, retired after 35 years with the company. Before Peignet left the company, he offered Conoscente a sage piece of advice about taking a …
Mon, 23 Sep 2019 06:30:45 +0000
There are several things that keep SCOR’s Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk is another. Only time will tell whether these risks are actually insurable, cautions Conoscente, who became the CEO of SCOR …
Mon, 23 Sep 2019 05:00:56 +0000
Bold Penguin, a Columbus Ohio commercial insurance technology provider, said it has completed a $32 million Series B funding round, bringing the total capital it has raised to more than $50 million since it started in 2016. The participation included …
Mon, 23 Sep 2019 05:00:35 +0000
Willie Nelson has famously said a country song is “three chords and the truth.” It might not be so simple anymore. A flood of lawsuits is threatening to upend that concept, making trivial similarities in songs the basis for a …
Mon, 23 Sep 2019 05:00:18 +0000
A Delaware state judge has rejected a request by the board of Tesla Inc. to dismiss a stockholder complaint over an “excessive” 2018 performance award to CEO Elon Musk. In the spring of 2018, shareholders of the electric car-maker approved …
Mon, 23 Sep 2019 05:00:05 +0000
Unless it’s Sunday, Kelly Loew is steering her rusty red Jeep down the same mail route in Shingletown, as she has six days a week for the last seven years. But she delivers less mail these days as California’s persistent …
Mon, 23 Sep 2019 02:51:27 +0000
The Democratic-controlled House of Representatives last week passed a continuing resolution to extend federal government funding through Nov. 21 and avoid a government shutdown at the end of the month. The bipartisan vote of 301-123 saw three Democrats...
Fri, 20 Sep 2019 20:32:44 +0000
Former licensed public adjuster John Schoon, 54, of Huntington Beach, Calif., was sentenced to 180 days in county jail and five years of felony probation after pleading guilty to three felony counts of embezzlement and one felony count of forgery. …
Fri, 20 Sep 2019 17:15:10 +0000
Zurich Insurance Group announced that Peter Giger will join the group on Oct. 1, 2019, as group chief risk officer and a member of Zurich’s Executive Committee. He succeeds Alison Martin who was recently appointed chief executive officer Europe, Middle …
Fri, 20 Sep 2019 16:54:42 +0000
Nebraska-based Omaha National, a provider of workers’ compensation insurance and payroll services to small and midsize businesses, has promoted Mary Senff to vice president of company development. In this role she is responsible for the company employe...
Fri, 20 Sep 2019 16:43:27 +0000
A school district in Michigan will pay $107,000 do settle a federal retaliation lawsuit. The U.S. Equal Employment Opportunity Commission (EEOC) says the Waterford Public School System in Waterford, Michigan, will additionally provide other relief to s...
Fri, 20 Sep 2019 16:31:09 +0000
Any money Ohio might receive from a settlement with OxyContin maker Purdue Pharma and other drugmakers should be spent at the local level, the state’s top lawyer said. Republican Attorney General Dave Yost told reporters that so many of the …
Fri, 20 Sep 2019 16:26:39 +0000
When Louisiana voters go to the polls on Oct. 12, they will have a choice between two Republican opponents in the race for insurance commissioner: current commissioner, Jim Donelon, a former state legislator who has held the post since 2006, …
Fri, 20 Sep 2019 16:04:37 +0000
The Surplus Lines Stamping Office of Texas (SLTX) board of directors announced that SLTX Executive Director Norma Essary will separate from employment, effective Oct. 17, 2019. The board voted Sept. 17 to relieve Essary of her duties. Essary will be …
Fri, 20 Sep 2019 14:59:02 +0000
A California transgender man can go ahead with a discrimination lawsuit against a Catholic hospital that canceled his hysterectomy, an appeals court ruled Tuesday. The decision by the 1st District Court of Appeal in San Francisco overturns a lower court …
Fri, 20 Sep 2019 14:57:05 +0000
The Trump administration’s decision to stop California from setting its own emission standards for cars and trucks would undermine the state’s ability to convince the world’s largest automakers that they should make more environmentally friendly vehicl...
Fri, 20 Sep 2019 14:50:06 +0000
Starr Insurance Cos. announced leadership promotions and a new structure for its Western sales region. Starr’s Western region sales operation has been split into two units, Pacific Northwest and Southwest, and two new leaders have been named to head th...
Fri, 20 Sep 2019 13:58:24 +0000
A Worcester, Mass., man who operated a temporary employment agency was indicted in connection with a scheme to evade more than $110,000 in workers’ compensation premiums, according to a press release issued by Massachusetts Attorney General Maura Heale...
Fri, 20 Sep 2019 13:52:31 +0000
The Institutes RiskStream Collaborative has hired Kenneth Brown as head of Security and Controls in its Malvern, Penn., office. As an insurance industry blockchain consortium, RiskStream Collaborative aims to serve policyholders and help lower industry...
Fri, 20 Sep 2019 13:45:52 +0000
Hub International Limited, a global insurance brokerage, has acquired the assets of EPIC Retirement Services Consulting LLC. Terms of the transaction were not disclosed. Located in New York, N.Y., EPIC is an independent investment consulting firm speci...
Fri, 20 Sep 2019 13:39:45 +0000
John Riley has joined Alliant as vice president within the firm’s White Plains, N.Y., office. As part of the firm’s growing Northeast property and casualty team, Riley will service a diverse portfolio of clients with operations in the Northeast and …
Fri, 20 Sep 2019 11:23:30 +0000
The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding of Boeing Co.’s 737 MAX jets following two fatal cra...
Fri, 20 Sep 2019 10:05:40 +0000
Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets. “Certainly, this is not a value-oriented environment,” said Harris, senior managing dir...