Yearly Archives: <span>2017</span>

Court Blocks Seattle Law Enabling Rideshare Drivers to Unionize

A federal appeals court has temporarily blocked Seattle’s first-in-the-nation law allowing drivers of ride-hailing companies such as Uber and Lyft to unionize over pay and working conditions. A three-judge panel of the 9th U.S. Circuit Court of Appeals said it …

AXIS Adds Tom to Help Grow U.S. West Coast Renewable Energy

AXIS Insurance has named Christina Tom as vice president and renewable energy underwriter. She will be based out of AXIS’ San Francisco office Tom joins AXIS Insurance’s global renewable energy team, where she will be responsible for leading its U.S. …

New Mexico Sues 8 Drug Manufacturers, Distributors over Opioid Epidemic

New Mexico has sued eight opioid manufacturers and wholesale distributors, becoming the latest state or local government to file a lawsuit seeking to hold corporations accountable for a national drug addiction epidemic. New Mexico Attorney General Hector Balderas accused Purdue …

Insurers Gain as Shifty, Weakened Irma May Not Be as Damaging as Feared

Insurers jumped in markets from Europe to Florida amid signs that predictions about Hurricane Irma’s damage were excessively dire. Giant reinsurers like Swiss Re and Munich Re, which shoulder risks for local insurers around the world, posted their biggest gains …

Los Angeles Agent Sentenced for Embezzling Over $100K

Suren Hovhannisyan, a former insurance agent, has been sentenced in Los Angeles County Superior Court to 180 days in jail and five years of formal probation after pleading no contest to three felony counts of Grand Theft. Hovhannisyan was also …

Is Maryland Ready for the Next Big Storm?

In Maryland, which historically has ducked many of the worst storms of the last 50 years, the question is increasingly not if, but when the next big one will strike. And while some believe the state has often been spared …

Dad Sues Pennsylvania Eatery After Kids’ Throats Burned by Chemical

A Pennsylvania man has sued a Chinese buffet where he contends his two young children’s mouths and throats were burned by caustic lye in their apple juice cups. Star Buffet & Grill manager Steve Weng tells LNP he’s turned the …

Allianz Specialty Names Vassallo to London Energy Team

Allianz Global Corporate & Specialty SE (AGCS) has appointed Anthony Vassallo as senior underwriter leading downstream energy for the regional unit in London that includes the UK, Ireland, Dubai, Russia, the Nordic Region, Australia and New Zealand. He will be …

New York’s Brady Risk Management Opens New England Office

Brady Risk Management Inc., a Huntington, N.Y.-based financial risk management firm, has announced the opening of Brady Risk New England Property/Casualty Managing General Insurance Agency based in Portland, Maine. The new office will serve preferred retail insurance agencies in Maine, …

Maryland’s B.F. Saul Insurance Hires Jones as President

B.F. Saul Insurance, a Bethesda, Md.-based regional insurance brokerage and risk advisory firm, announced that Jason Jones has joined the firm as president. Jones will oversee an expansion of the company’s platform and mission in this role. Prior to joining …