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

New Hampshire Prep School Sued Over Withdrawing Student Who Had Sex

A New Hampshire prep school criticized for how it has handled sexual misconduct and assault cases is facing a federal lawsuit from the parents of a 15-year-old boy, saying it was wrong to withdraw their son after he had sex …

Arch Coal Ends Self-Bonding, Agrees to Fund Future Mine Cleanups to Exit Bankruptcy

U.S. coal miner Arch Coal has agreed to set aside collateral to cover future mine cleanup costs as part of its bankruptcy reorganization plan, according to a court filing, ending its controversial use of “self-bonds.” For decades the largest U.S. …

Hartford Officials Refuse to Pay if Damages Awarded in Police Officer Lawsuit

Officials in the city of Hartford have reversed their position and now say they won’t pay damages that might be awarded against two city police officers in an upcoming trial over an illegal police search that ended with one of …

Court Reinstates Whistleblower Retaliation Claim Against JPMorgan

A federal appeals court on Monday revived a former JPMorgan Chase & Co. private banker’s whistleblower lawsuit accusing the bank of firing her in retaliation for warning that an Israeli client might be committing fraud. The 2nd U.S. Circuit Court …

Maryland Insurance Administration’s Hatchette Joins Maryland Commission on Aging

Governor Larry Hogan has appointed Joy Hatchette to the Maryland Commission on Aging, in which she will be one of 13 members appointed by the Governor who work to review programs and activities for older adults and recommend programs to …

Is This the Bottom of Reinsurance Cycle? Opinions Vary at Rendez-Vous

It may be wishful thinking – but some major reinsurers are hoping the bottom of the reinsurance cycle is at hand. Both Swiss Re and Hannover Re told journalists at this year’s reinsurance Rendez-Vous de Septembre in Monaco that they …

Lawmakers Call for U.S. Effort to Thwart Vehicle Hacking

Four Republican members of Congress on Monday urged U.S. auto safety regulators to convene an industry-wide effort to prevent possible attacks on computer systems in vehicles. The lawmakers addressed their concerns in a letter to the U.S. National Highway Traffic …

“Biggie Award” Winners Announced at BIG Minivention

Rancho Cucamonga, CA, September 13, 2016 – The BIG Independent Group (www.biginsusa.com), an association of independent insurance agents and brokers, announced the winners of its “BIGGIE Awards” at the groups recent Minivention held on September 7th at Wente Winery in …

PartnerRe Taps Willis Re’s Beedle to Head Asia-Pacific

James Beedle will be appointed to the position of head of Asia-Pacific and CEO of Partner Reinsurance Asia Pte. Ltd. to head up PartnerRe’s business operations in that region. Subject to regulatory approval, Beedle will take up his position on …

Guy Carpenter’s Carter Moves to JLT Re’s International Division in London

Reinsurance broker JLT Re has named Matthew Carter as a partner in its London Market & International Division, which is led by Bill Bennett. Carter will be based in JLT Re’s London office. In his new role, Carter will be …