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

World’s Renewable Energy Projects Fall Short of Paris Climate Goals: IEA

Barely one tenth of renewable energy technology is ready to meet long-term climate change targets as governments have failed to adequately support large-scale deployment, a report by the International Energy Agency showed on Tuesday. Under a global climate pact, called …

XL Catlin Promotes Gerbaud to Head International Environmental

XL Catlin’s insurance operations announced the promotion of Adias Gerbaud to head international environmental. In her newly expanded role, Gerbaud will be responsible for managing XL Catlin’s environmental portfolio while leading a team of eleven underwriters across the UK, Western …

Delaware Streamlines Emergency CAT Adjuster Licensing Requirements

Delaware Insurance Commissioner Trinidad Navarro has taken steps to streamline the licensing process for insurance adjusters who come to Delaware. The aim of this initiative is to immediately help consumers who have filed a claim due to an emergency or …

Arthur J. Gallagher & Co. Buys UK-Based Total Reward Group

Arthur J. Gallagher & Co., the insurance broker and risk management service firm, has announced the acquisition of Total Reward Group in Sevenoaks, England. Terms of the transaction were not disclosed. Founded in 2005, Total Reward Group is a consultancy …

New Jersey’s World Insurance Associates Acquires Wm. G. Palermo Inc.

World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., acquired Wm. G. Palermo Inc. of Linden, N.J., on April 1, 2017. Wm. G. Palermo Inc. is a third-generation, family-owned insurance agency that was established on March …

Cuomo Takes Steps to Keep New York Insurers in Obamacare

New York Governor Andrew Cuomo announced steps on Monday to encourage insurers to keep selling health plans in the state’s Obamacare exchange, as the companies withdraw from other markets amid uncertainty surrounding the health law. The state is tying participation …

Feinberg Could Be Tapped to Head $1B Takata Compensation Fund

A federal judge may tap attorney and longtime compensation adviser Kenneth Feinberg to oversee claims for nearly $1 billion that Takata Corp. will pay out to victims of defective air bag inflators linked to numerous deaths and injuries, court officials …

Matthew McCampbell Joins U.S. Risk, LLC as Executive Vice President of Corporate Strategy & Development

Dallas, TX, June 7, 2017 – Matthew McCampbell has joined the U.S. Risk, LLC team as Executive Vice President of Corporate Strategy and Development. McCampbell will be primarily responsible for heading up all acquisition activity as the company continues its …

U.S. Facing Rise in Workplace Homicides

Fatal workplace shootings, like the one Monday in Orlando, Florida, are ticking upward in the United States, government statistics show. Revenge against an employer, romantic partner or co-workers often is the motive, experts say. Reports of workplace violence are quick …

Main Street America Promotes Gaynor to Chief Underwriting Officer

The Main Street America Group has promoted Dan Gaynor to senior vice president, chief underwriting officer. Gaynor, who has been the super-regional property/casualty insurance company’s vice president of commercial lines since 2011, will now oversee commercial lines and personal lines. …