Catastrophe risk modeler AIR Worldwide has expanded the capabilities of its terrorism risk model to support scenario testing for the United States and 27 other countries to help companies assess the impact of different attack scenarios on their portfolios and …
Apex Insurance Services, a Glen Allen, Va., headquartered insurance and reinsurance solutions provider for public entities and educational institutions, has promoted Justin Galati to vice president of brokerage following the opening of its new office location in Mt. Laurel, N.J. …
A former city fleet supervisor in Philadelphia has admitted to theft and conspiracy charges in a scheme that prosecutors say steered work to an auto body shop that overcharged the city more than $400,000. The Philadelphia Inquirer reports Robert Otterson …
The treasurer of a Rhode Island children’s charity has been sentenced to prison for stealing nearly $186,000 from the organization. U.S. Attorney Peter Neronha says Robert Lonardo, of Burrillville, was sentenced Wednesday in federal court in Providence to six months …
Specialist lines underwriting agency CFC has appointed Margaret Murphy as Claims Director. Murphy joins the business from the New York law firm, Wilson Elser Moskowitz Edelman & Dicker LLP, where she was a partner. She has experience representing U.S. and …
The Trump campaign pitched rolling back food safety regulations in a fact sheet, arguing they are burdensome to farmers and “overkill.” But the campaign later deleted the proposal from its website and offered no explanation. After sending out the fact …
Wells Fargo & Co. was sued by customers in what may be the first of many lawsuits to come after disclosures that employees created unauthorized accounts to boost the bank’s fees. Three Utah customers sued the bank Friday in federal …
Heirs trying to recover artwork lost to Nazi looting during World War II could get some help under a bill approved by a Senate panel on Thursday. The bipartisan legislation backed by the Senate Judiciary Committee on a voice vote …
Beazley announced that Christophe Paulin will join at the end of this month as an aviation underwriter, managing its aviation business in France and developing its aerospace/products portfolio worldwide. He will be based in Beazley’s Paris office following an initial …
In the seven years since an airline captain saved 155 lives by ditching his crippled airliner in the Hudson River, there’s been enough time to write a book and make a movie, but apparently not enough to carry out most …
