The Texas Department of Insurance, Division of Workers’ Compensation (DWC) has released the 2017 Health Care Provider Performance Based Oversight (PBO) assessment results. Health care providers were assessed on their performance in one of three categories: Timely filing the DWC …
Allianz X, the digital investment unit of the Allianz Group, announced a $96.6 million investment in BIMA, the digital microinsurer. Stockholm-based BIMA uses mobile technology to serve low-income customers in Africa, Asia and Latin America. With its investment, Allianz becomes …
A New Jersey yacht captain is barred from piloting ships as he awaits trial in the death of an 81-year-old Connecticut boater in Rhode Island waters. U.S. District Court Magistrate Patricia Sullivan ordered Cooper “Chick” Bacon on Tuesday to surrender …
A former Vancouver, Wash. police officer has agreed to a $6 million settlement after he spent nearly 20 years in prison on a wrongful conviction of sexually abusing three children in 1980s. Clyde Ray Spencer will receive more than $5 …
A former seaman has sued a fisherman who starred in Discovery Channel’s “Deadliest Catch: Dungeon Cove” show, alleging the man was negligent and caused severe injury. The Oregonian/OregonLive reported Nolan Dean filed a suit Dec. 6 in federal court against …
The rush to launch service on a new, faster Amtrak route near Seattle, Wash. came at a deadly cost: none of the critical speed-control technology that could have prevented a derailment was active before the train set off on its …
Willis Towers Watson Securities said it has structured and placed EUR 90 million of insurance-linked securities (ILS) for Covea Mutual Insurance Group, France’s largest domestic property/casualty insurance group. The transaction was executed in collaboration with Willis Towers Watson’s reinsurance business, …
CNA announced the appointment of Michael Nardiello as senior vice president of underwriting for Large/Complex Property. In this role, Nardiello will be based in New York City and report to Kevin Leidwinger, president and chief operating officer, CNA Commercial. Nardiello …
Chubb has restructured and made several appointments in its its Real Estate and Hospitality practice. As part of this new structure, the following appointments are effective immediately: Seth Gillston, Chubb’s existing Mergers and Acquisitions and Private Equity practice leader, has …
Deliveries by drones took a step closer to being allowed in the U.S. after a federal advisory panel agreed on a framework for allowing law enforcement to routinely track the small devices. The committee’s report to the Federal Aviation Administration, …
