Monthly Archives: <span>January 2018</span>

International Underwriting Association Calls for EU Registry of Cyber Claims Data

A more coherent, consistent recording of cyber incidents would help the insurance industry better understand the frequency and cost of cyber claims, according to a report published by the International Underwriting Association (IUA) in London. To help raise awareness of …

Lloyd’s Market Association to Offer International Courses, Technical Programs

The Lloyd’s Market Association Academy (LMA Academy) announced that, starting in March, it will begin offering a range of technical programs and courses internationally. The expansion builds on the success of the LMA’s immersive and practical training programs, with staff …

Alfa Names Chancey P/C Insurance Operations Chief

Alfa Insurance has promoted Beth Chancey to senior vice president of the company’s Property & Casualty Operations effective Feb. 1. She will be responsible for P/C underwriting, actuarial services, billing and distribution services. Chancey replaces Tommy Coshatt, who was previously …

Man Suing Bar Near Oregon University over Freak Finger Injury

A man is suing a popular tavern near the University of Oregon, claiming a freak injury at the bar has left him unable to pursue “a host of attractive, lucrative careers” in music and medicine. The Register-Guard reported that Winston …

Oregon Jury Won’t Award Boy Who Contracted Herpes At Birth

An Oregon jury has declined to award any money to a 4-year-old boy who suffered profound brain damage after he contracted herpes from his mother at birth. Attorneys for Jonah Johnson had sought $46.5 million, saying obstetrician-gynecologist Dr. Carrie Miles …

Attorneys Say Montana Diocese Has More Assets for Abuse Settlements

Attorneys representing victims of sex abuse by priests and other employees of the Roman Catholic Diocese of Great Falls-Billings in Montana argue parish money being held by the diocese should be available to pay a settlement to victims. The victims …

Court Upholds Consumer Financial Bureau Structure Over Trump, Business Complaints

The Consumer Financial Protection Bureau director’s job regained a measure of security Wednesday when a U.S. appeals court said the agency head can only be fired for “inefficiency, neglect of duty, or malfeasance in office,” in a blow to the …

Munich Re Leads $16.5M Financing for AI, IoT Startup Mnubo

Munich Re’s HSB Ventures led a $16.5 million venture financing for Mnubo, an Internet of Things (IoT), data analytics and artificial intelligence (AI) startup, which is seeking to expand internationally. Founded in 2012 and headquartered in Montreal, Canada, Mnubo said …

Massachusetts’ Arbella Insurance Group Promotes Martin

The Arbella Insurance Group, a Quincy, Mass.-based regional property and casualty insurance company, has appointed Karin Martin to assistant vice president in its contact centers. Reporting to Janet Corcoran, executive vice president and chief operating officer, Martin will oversee the …

Jimcor Agency Expands into Transportation Sector, Hires Blumberger in Connecticut

Jimcor Agency Inc., an independent managing general agent and wholesaler, has expanded into the transportation sector with the addition of Jeffrey Blumberger as a brokerage specialist in transportation. In this role, Blumberger will be responsible for brokerage placement and underwriting …