Hazard Warnings: Who Should Be Warned to Do What and When? July 29, 2016 A group of risk experts is proposing a new framework to improve the effectiveness of public warnings when a hurricane,...
QBE to Supply General Insurance Products for Manulife Customers in Hong Kong July 29, 2016 Manulife (International) Ltd. and QBE Hongkong & Shanghai Insurance Ltd. have formed an exclusive distribution agreement whereby QBE will supply...
Generali Q2 Net Income Falls 6% on Low Interest Rates & Volatile Equity Markets July 29, 2016 By Sonia Sirletti and Francesca Cinelli Assicurazioni Generali SpA, Italy’s biggest insurer, said second-quarter profit fell 6 percent as low interest rates and volatile equity markets...
Swiss Re Q2 Profit Drops on Higher Natural Catastrophe Losses July 29, 2016 By Oliver Suess Swiss Re AG, the world’s biggest reinsurer, said profit fell in the second-quarter as the company paid more for catastrophe...
Chubb Names Kessler as Chief Reinsurance Officer, Succeeding O’Farrell July 29, 2016 By Katherine Chiglinsky Chubb Ltd., the insurer led by Chief Executive Officer Evan Greenberg, promoted Michael Kessler to chief reinsurance officer as William...
North Carolina County Removing Thousands of Homes from Flood Zones July 29, 2016 New maps for Dare County, North Carolina, are removing thousands of homes and lots from flood zones, creating a need...
U.S., China Insurance Regulators Keep Open Dialogue July 29, 2016 By Andrew G. Simpson Regulatory representatives from the U.S. and China met this week to discuss issues facing their respective insurance markets. The meeting...
Florida Business Owner Accused of Stealing $1M in Workers’ Comp Scheme July 29, 2016 Owner of a Fort Myers, Fla., staffing and payroll services firm was arrested in mid-July over the alleged theft of...
The Crichton Group in Tennessee Names Hite Partner, Vice President July 29, 2016 The Crichton Group, an independent insurance agency in Middle Tennessee, has promoted industry veteran Dan Hite to the position of...
Former California Insurance Commissioner Served During ‘Crisis’ July 28, 2016 By Don Jergler Wesley J. Kinder was a California insurance commissioner who served during a turbulent time. Kinder, a resident of La Habra,...