Yearly Archives: <span>2016</span>

QBE North America Appoints Hill as CFO in New York City

QBE North America, an operating division of global insurer QBE Insurance Group Limited, has appointed Kris L. Hill as chief financial officer. Hill will assume her new role effective January 17, 2017 and also serve as a member of the …

Maine’s BroGue Insurance Under New Ownership

The current owners of several insurance agencies, Patrick Maguire and Paul Tracy, acquired ownership of BroGue Insurance & Financial Services in Bangor, Maine, on November 1, 2016. Established in Bangor in 1983, BroGue Insurance & Financial Services is an independent …

10th Annual IICF Northeast Charitable Gala in New York Raises Record $1.4M

The Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities and enrich lives, has announced that more than 900 insurance professionals attended its 10th annual Northeast Benefit Dinner on December 14th at New …

Kaplansky Insurance of Massachusetts Acquires R.P. Ahearn Insurance

Kaplansky Insurance, a Needham, Mass., based independent insurance agency, has acquired certain assets of R.P. Ahearn Insurance Agency, based in Framingham, Mass. Since 1987, R.P. Ahearn Insurance has been dedicated to providing personal and commercial services to clients throughout the …

Republicans Prepare Assault on Obama’s Final Regulations

Republicans in Congress plan to deploy a powerful tool soon after Donald Trump is inaugurated to scuttle a host of rules put in place in the last months of Barack Obama’s presidency, yet they must act quickly for the tactic …

Greenlight Capital Re CEO Hedges to Step Down in March 2017

Greenlight Capital Re Ltd., the Cayman Islands-based specialist property and casualty reinsurance company, announced that Barton Hedges will be stepping down as chief executive officer on March 31, 2017. Hedges will also step down from the company’s board of directors. …

XL Catlin Extends Partnership with Kidnap Response Specialist S-RM

XL Catlin’s insurance operations announced it has extended its partnership with S-RM, the London-based specialist risk and business intelligence consultancy, effective Jan. 1, 2017. S-RM becomes XL Catlin’s provider of choice for delivering kidnap response services to XL Catlin’s kidnap …

Terrorism May Be Motive in Berlin Christmas Market Killings; RMS Comments

Investigators suspect the driver of a truck that plowed into a crowd at a Berlin Christmas market, killing 12 people and injuring 48, did so intentionally in a terrorist attack, police said on Tuesday. The truck crashed into people gathered …

Climate Scientists Coming to Terms with Skeptical Trump Administration

Climate scientists worried that President-elect Donald Trump will slash their budgets and sideline their research are entering survival mode, trimming the words “climate change” from study proposals, emphasizing business applications of their work, and safeguarding data that shows global warming …

Vertus Insurance Launches Supplemental Catastrophe Insurance in Florida

Florida-Based managing general underwriter Vertus Insurance Partners has launched a supplemental insurance policy targeting homeowners in hurricane prone states. Available now in Florida, CAT4Home will provide complete hurricane deductible reimbursement and additional coverage for select exposures typically limited or excluded …