September 25, 2018
Insurance software and consulting firm Majesco has appointed Adam Elster as chief executive officer, effective October 1, 2018. The company said that Ketan Mehta, Majesco co-founder and current CEO, has decided to retire from the operational role after 36 years …
September 25, 2018
Chubb has named Jeremiah Konz as executive vice president, reinsurance officer for Chubb Overseas General Insurance, the company’s international general insurance business in over 50 countries and territories. Konz is currently senior vice president, Ceded Reinsurance for Chubb’s North American …
September 25, 2018
Johnson & Johnson’s latest trial over claims that its baby powder causes cancer ended in a stalemate when jurors couldn’t agree on a verdict. A state judge in Pasadena, California, declared a mistrial Monday after jurors deadlocked on Carolyn Weirick’s …
September 25, 2018
Imagine landing at a major airport and the only human official you meet on your way through the terminal is a customs officer. Singapore’s Changi Airport, voted the world’s best for the past six years by Skytrax, is pursuing that …
September 25, 2018
The U.K. opposition Labour Party plans to vote down Theresa May’s divorce agreement with the European Union, and sees a second referendum as a way of avoiding a chaotic no-deal Brexit. Labour’s Brexit spokesman Keir Starmer set out what he …
September 25, 2018
A significant majority of global insurers understand that innovation is increasingly becoming a competitive differentiator in the global marketplace, according to the results of an A.M. Best survey of its rated entities. More than 80 percent of survey respondents said …
September 25, 2018
Alliant has hired Arlene Potts as vice president within its Employee Benefits Group. Potts is based in Suffolk, Va., and will work with a portfolio of clients to provide strategic employee benefits services that aim to reduce healthcare costs and …
September 25, 2018
A Massachusetts medical transportation business and its managers has been cited $460,945 in restitution and penalties for violating workers’ rights and state wage laws. Massachusetts Attorney General Maura Healey’s office began investigating Watertown, Mass.-based Quantum Transportation LLC and its managers, …
September 25, 2018
Pioneer Underwriters appointed Andrew McMellin as chief executive officer, effective Oct. 8, 2018 and pending regulatory approval. Dane Douetil, CEO of Pioneer’s parent company, Minova Insurance Holdings Ltd., and currently CEO at Pioneer, will become chairman of the business. Max …
September 25, 2018
Insurance industry losses from Hurricane Florence, which hit the Carolinas mid-September as a Category 1 storm, will be manageable and not have a severe impact on insurers, according to experts. As the storm turned out to be less of a …