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

Calm Winds Aid Firefighters in Making Progress on California Fire

Crews are using a break in winds to do a controlled burn to remove dry brush and build containment lines around Southern California’s Thomas Fire. Fire spokesman Capt. Rick Crawford said Tuesday that officials will remove fuels on the fire’s …

Berkshire Hathaway Specialty Names Chubb’s McGrath to New Zealand A&H Post

Berkshire Hathaway Specialty Insurance Co. (BHSI) has appointed Jared McGrath to head its new line of Accident & Health products in New Zealand. The product line includes Corporate Travel, Group Personal Accident and Expatriate Medical Insurance. McGrath joins comes to …

Lockton Hires Cohen as Senior VP and Client Executive in Washington D.C. Office

Lockton, a global, privately held insurance broker, has hired Bruce Cohen as a senior vice president and client executive as it continues to grow its business in the Northeast. Cohen brings to this role nearly 30 years of expertise in …

Fatal Amtrak Crash in Washington State Stirs Safety Debate in D.C.

The deadly Amtrak crash in Washington state marked the railroad’s third fatal accident in as many years, putting the passenger rail operator under fresh scrutiny less than a month after safety regulators issued a scathing report. Bound for Portland, Oregon, …

N.Y. Finalizes Regulation to Protect Drivers from Unfair Auto Insurance Rates

The New York Department of Financial Services (DFS) has finalized a regulation that protects New York drivers from unfairly discriminatory auto insurance rates and has already reached agreements with two major insurers regarding the regulation. Liberty Mutual and Allstate have …

It’s A Speed Read of Shared Value. What Are Your Peers Up To?

Insuring Shared Value “Insurance can be a powerful tool for improving the lives of vulnerable individuals and enhancing society’s overall productivity.” Shared Value Defined: A strategy by which one finds business opportunity in social problems. It allows for economic benefit …

Massachusetts’ Hospitality Insurance Group Names New President and CEO

Hospitality​ ​Insurance​ ​Group​ ​has ​named​ ​Richard​ ​E. Welch ​Jr.​ ​as​ ​its​ ​new​ ​president​ ​and CEO.​ ​He​ ​will​ ​assume​ ​responsibilities​ ​in January​ ​2018​ ​and​ ​will​ ​succeed​ ​John​ ​W.​ ​Tympanick,​ ​who recently​ ​announced​ ​his​ ​retirement​ ​after​ ​26​ ​years​ ​of service​ ​with​ ​the​ …

Trump Hotel, EPA Building Among Federal Properties in Flood Zones

The worst hurricane season in memory has spurred President Donald Trump to consider new ways to prod private homeowners to move out of flood plains. But many of the federal government’s own buildings are also at risk of flooding, including …

Japan’s Mitsubishi Materials Reveals More Products with Falsified Specifications

Japan’s Mitsubishi Materials Corp. said it has found more cases of products shipped with possible falsified specifications as it investigates a widening data-fabrication scandal that has affected more than 300 of its customers. The revelation is among the latest in …

UK Employers Plan Hiring Despite Brexit Worries

British employers plan to hire more workers and raise pay more quickly in 2018, but they also fear that Brexit will make the country a less attractive place to do business, a survey showed on Tuesday. Fifty-one percent of employers …