Monthly Archives: <span>June 2017</span>

Pair in Arkansas Staged Crash Scams Get Jail Terms for Insurance Fraud

An Arkansas duo behind two fake crashes and false insurance claims have each received three-year prison sentences, the Arkansas Insurance Department announced. Jeremy Fisher, 36, and Teneshia White, 34, both of Pine Bluff, were sentenced for their roles in staged …

Uber, Lyft coming to Alaska, but Not State’s Most Popular Tourist Spot

Uber and Lyft are coming to Alaska, but not to the state capital’s most popular tourist attraction. The Juneau Empire reported Gov. Bill Walker is expected to sign a bill that will make Alaska the last state to allow the …

Judge Tosses Fines Against Tesoro in Deadly Washington Refinery Blast

A Washington state administrative judge threw out $2.4 million in fines levied against refiner Tesoro Corp. for a 2010 explosion that claimed the lives of seven workers at the company’s Anacortes, Washington, refinery. Judge Mark Jaffe said Washington state’s Department …

Wilson Elser Names Calle of Counsel in California

Wilson Elser has named Ingrid Calle of counsel in its Los Angeles California office. Calle focuses her practice on product liability, toxic tort, trucking, premises and construction accident liability and commercial litigation. Calle was previously a partner at Tropio & …

Knight in California Names Ownbey Managing Director

Knight Insurance Group in California has named Vance Ownbey its managing director overseeing programs, underwriting, new business and product development. Ownbey previously was chief financial officer, chief technical officer, treasurer and managing director at Knight. He has held several other …

Utilities Warned of ‘Easy-to-Use’ Malware Aimed at Causing Outages

Two cyber security firms have uncovered malicious software that they believe caused a December 2016 Ukraine power outage, they said on Monday, warning the malware could be easily modified to harm critical infrastructure operations around the globe. ESET, a Slovakian …

W.R. Berkley Forms Two Subsidiaries in Mexico

W.R. Berkley Corp. said it has formed two subsidiaries in Mexico: Berkley International Fianzas México S.A. and Berkley International Seguros México S.A. Both have been granted official authorization to commence operations and will begin offering coverages to clients throughout Mexico …

Paiano Succeeds Rupp as The Hartford’s Chief Risk Officer

The Hartford has named Robert Paiano as its new chief risk officer to lead the company’s enterprise risk management operations, effective July 1. Paiano succeeds current Chief Risk Officer Robert Rupp, who is retiring. Paiano will report to The Hartford’s …

MAPFRE Gains 51% of Indonesian Insurer ABDA to Expand in South East Asia

Insurer MAPFRE, which already owned 31 percent of the insurer, has gained 51 percent and effective control of Indonesian insurance company PT Asuransi Bina Dana Arta Tbk (ABDA). The transaction was closed at a price of 90 million euros. Through …

Shipping Losses Fall to Lowest in 10 Years as Technology Drives Safety

Large shipping losses have declined by 50 percent over the past decade and last year saw the lowest number of losses in the past 10 years. The favorable loss trend has been largely driven by improved safety, according to Allianz …