Monthly Archives: <span>September 2016</span>

Former California Rideshare Driver Charged with Assaulting Multiple Passengers

A former driver for Uber and Lyft has been charged with sexually assaulting several women while on the job, and Southern California investigators said that there are likely more victims. An 18-year-old college student reported that she was assaulted Friday …

How Clinton, Trump Differ on Health Reform

If Democrats keep the White House come November, millions of Americans could gain health-care coverage. If Republicans take it back, millions could become uninsured. A new study ran the numbers under the proposals of both U.S. presidential candidates. Donald Trump’s …

12 Extreme Weather Events of the Summer of 2016

The summer of 2016 has lurched from one extreme weather disaster to another at great cost in lives and damages. Here are just some of the worst and weirdest, according to insurance statistics and meteorologists: Flooding in China’s Yangtze Basin …

Man Charged in New Jersey Apartment Fire That Destroyed Three Buildings

A 19-year-old has been charged with setting his former New Jersey home ablaze, leaving four firefighters hurt, three buildings destroyed and 20 residents displaced. The Jersey Journal reports a criminal complaint says Matthew Nathan was arrested Sunday afternoon and faces …

Advent Launches Bespoke Products U/W Unit; New Team Joins from Beazley

Lloyd’s insurer Advent announced the launch of its Bespoke Products underwriting unit, led by Paul Driver and Philip Misztela, and supported by Stuart Cowen. The new team will report to Advent CUO William Beveridge. John Marks, who founded the portfolio …

New Jersey Shore Town Still Considering Settlement for Gay Ex-Officer

Officials in a Jersey shore town say they need more time to consider a proposed $369,000 settlement with a gay former police officer who filed a discrimination lawsuit. The Press of Atlantic City reports the Cape May City Council was …

Massachusetts’ The Hanover Insurance Group Hires Farber

The Hanover Insurance Group Inc., a Worcester, Mass. based holding company for several property and casualty insurance companies, has appointed Jeffrey M. Farber as executive vice president and chief financial officer. Farber succeeds Eugene M. Bullis, who has served as …

Coface Appoints Murer as New Jersey Based CEO of North America

Coface, a French trade credit insurer, has appointed Fredrik Murer as CEO of its North America region, which is headquartered in East Windsor, New Jersey. In his new role, Murer will report to Group CEO Xavier Durand. Murer is replacing …

Big ‘I’ Agents Promote McPhillips to Lobbying Team

The Independent Insurance Agents & Brokers of America (Big “I”) has promoted Jennifer McPhillips to vice president for federal government affairs. McPhillips first joined the Big “I” team in 2006 after working for Rep. Leonard Boswell (D-Iowa). She has climbed …

Gibraltar Weighs Post-Brexit Reinvention if UK Loses Passporting Rights

Gibraltar, a rocky British enclave on Spain’s southern tip that has positioned itself as a springboard for finance to the European Union, may have to reinvent itself after Britain voted to split from the bloc. Fund managers and insurers have …