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

Ed Appoints Clarkson from Aon as Managing Director – Marine

Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointment of Heather Clarkson as managing director – Marine. She takes up her role on Jan. 2, 2018 and will report to Andrew Draycott, CEO – Energy, Marine & Construction. …

Clarke Named President of TDECU Insurance Agency

Connie Clarke has been appointed president of TDECU Insurance Agency LLC in Lake Jackson, Texas. Clarke brings more than 20 years’ experience in both the insurance and financial services industries to the organization, ranked as Houston’s largest credit union. Clarke …

Workplace Fatalities Continue to Increase, with Transportation Incidents #1 Cause

There were 5,190 workplace fatalities reported in the U.S. in 2016, a seven percent increase over the previous year. According to the Bureau of Labor Statistics’ Census of 2016 Fatal Occupational Injuries, the fatal injury rate increased from 3.4 per …

EPA Clears Monsanto Roundup Chemical of Health Risks to Humans

The U.S. Environmental Protection Agency has said that glyphosate, the key ingredient in Monsanto Co.’s top-selling weed killer Roundup, is not likely to be carcinogenic to humans, contradicting a World Health Organization panel. The EPA, in a draft risk assessment …

New Product Uses Blockchain to Show Proof of Insurance

The Institutes’ work with insurers in the blockchain space has led to a debut product – a tool designed to establish proof of auto insurance. Nationwide is the first carrier to bring it to production and is already in testing …

Court in California Rules Novartis Can Be Sued Over Generic Drug Injuries

California’s top court has opened the door for consumers to sue Novartis AG and other makers of brand-name pharmaceutical products over injuries blamed on generic versions of the drugs manufactured by other companies. The California Supreme Court’s ruling on Thursday …

CNA’s Sather Joins AXIS Insurance U.S. Programs as Underwriter

Matthew Sather has joined the U.S. Programs, Property & Casualty team of AXIS Insurance business unit as a vice president of Underwriting. Sather is based in the company’s Chicago office and reports to John Tatum, executive vice president and head …

A.M. Best Affirms Allied World’s Ratings

Ratings agency A.M. Best has removed Allied World Assurance Co. Ltd. and its divisions from their status as “under review with negative implications” and affirmed Allied World’s financial strength rating of “A” (Excellent) and the long-term issuer credit ratings of …

Trump Declares Disaster for New Mexico Native American Community

President Donald Trump has issued a disaster declaration for a New Mexico Native American community that is recovering from the effects of severe weather and flooding. The declaration announced Thursday by the White House frees up federal money to help …

Insurance Companies Sue Kodiak Electric in Alaska Over Fire Damage

Two insurance companies filed a lawsuit against the Kodiak Electric Association in Alaska claiming it was responsible for a fire that caused damage to clients’ property. Lexington Insurance Co. and Alaska Municipal League Joint Insurance Association accuse the electric cooperative …