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

Zurich Launches Commercial Insurance Unit; Shea Named as Head

Zurich Insurance Group AG named James Shea to head a new unit that will combine its global corporate and commercial businesses as part of a company-wide restructuring. Shea, 50, joins from American International Group Inc. where he headed global financial …

CNA Appoints Chubb’s Hernandez to Commercial Risk Control Post

CNA has named Steve Hernandez as senior vice president, Commercial Risk Control. Hernandez succeeds Bill Boyd who announced his retirement earlier this year after 12 years of service at CNA and a 38-year career in the insurance industry. In his …

No Injuries Is Goal But World Hockey Cup Players Score Insurance Just in Case

Every day over the summer, Johnny Gaudreau thought about not having a contract. Gaudreau worried about it and obsessed over it but he wasn’t going to let stalled negotiations with the Calgary Flames keep him from playing in the World …

USI Insurance Services to Acquire Johnson & Bryan in Atlanta

USI Insurance Services has entered into an agreement in principle to acquire Johnson & Bryan, a retail property-casualty and employee benefits insurance brokerage firm based in Atlanta. The acquisition will expand USI’s footprint into a new city and market where …

One Area of Miami Declared Zika-Free While Zika Zone in Miami Beach Expanded

Authorities declared a victory Monday in stemming further infections of Zika in Miami’s Wynwood arts district, but continued to caution pregnant women about traveling to the city and surrounding areas out of concerns for catching the virus. The U.S. Centers …

SIAA Forms New Master Agency in California, Names Three to Staff Office

Strategic Insurance Agency Alliance announced the formation of a new master agency in support of planned growth in the northern California region. Strategic Independent Insurance Agency Solutions is headquartered in Santa Rosa, Calif., and will service member agencies across 19 …

New York Businesses Advised to Check Insurance in Wake of Chelsea Terrorism Bombing

New York Governor Andrew Cuomo has identified the incident where a bomb went off from inside a dumpster in New York’s Chelsea neighborhood, injuring 29 people, as an act of terrorism. “I said yesterday I believed it was an act …

Florida Awaiting Final Workers’ Comp Rate Decision

The rate impact of recent Florida Supreme Court rulings on the state’s workers’ compensation system is currently in the hands of regulators, as the Office of Insurance Regulation (OIR) decides on the National Council on Compensation Insurance’s (NCCI) filing seeking …

Lockton Launches Corporate Terrorism Product with London Markets

Insurance broker Lockton, in conjunction with London Market insurers Hiscox, Beazley, Talbot and XL Catlin, have launched a new product – Terrorism Crisis Solutions (TCS) – designed to offer corporate clients a combined terrorism cover that encompasses a wide range …

Hurricane Ike-Damaged Roofs to Get Repaired – 8 Years After Storm

Blue tarps that still cover hundreds of storm-damaged homes in Houston — including some houses battered by Hurricane Ike in 2008 — could finally be gone thanks to a new city program that’s promising to perform long-overdue roof repairs. In …