April 6, 2020
Truckers Physical Damage Market Detail: Rocklake Insurance Group (www.rocklakeig.com) offers multiple carriers for physical damage needs. It offers broad and limited forms with flexible options to choose which coverage fits the insureds’ needs. Producers can quote up to $2 million …
April 6, 2020
The share of businesses buying cyber insurance continued to increase in 2019, driven by growing recognition of cyber threats as a critical business risk, says a new report. Marsh’s 2019 Cyber Insurance Purchasing Trends Report found that 42% of the …
April 3, 2020
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited BWay Corp., doing business as Mauser Packaging Solutions, for workplace safety and health hazards after an employee suffered an amputation on Sept. 26, 2019, at the Lawrence …
April 3, 2020
Greenlight Capital Re, Ltd., the Cayman Islands-headquartered reinsurer, announced it has decided to continue with its existing business plan after completing a strategic review of transaction alternatives. Following a recommendation made by a special committee composed of independent directors, the …
April 3, 2020
Munich Re Specialty Group (MRSG) has appointed Hui Yun Boo as head of Asia, effective April 3, 2020. Boo will be based in the firm’s Singapore office and will lead Munich Re Syndicate offices throughout the Asia region. Boo has …
April 3, 2020
Sayata Labs has announced two new hires to boost its on-the-ground capabilities. Valorie Owens will serve as U.S. business development manager, and Ben Goldfien will serve as insurance operations manager. They will both report to recent hire and former Beazley …
April 3, 2020
BMS Group, the independent specialist re/insurance broker, announced the conclusion of a preferred partner agreement with the new wholesale and specialty broker Tagus Specialty in Portugal. An ambitious production plan has been developed that will see BMS teams in London …
April 3, 2020
Fitch Ratings has placed Lloyd’s of London’s ‘AA-‘ Insurer Financial Strength (IFS) ratings on rating watch negative, on the uncertainty and increased risk to Lloyd’s earnings and underwriting performance due to claims from the COVID-19 pandemic. The negative rating watch …
April 3, 2020
A Bellevue, Washington, dentist was accused of using lighter fluid and accelerant to set fires in his exam and X-ray rooms after being evicted from his office for failing to pay rent, King County prosecutors said. Mohammad “Matt” Rafie, 53, …
April 3, 2020
Workers’ compensation insurer Third Coast Underwriters (3CU) has promoted Peter Vaughn to director, Insurance Operations, and Mike Altman to regional director, Business Development. Vaughn and Altman are based at 3CU’s headquarters in Chicago. Vaughn brings 22 years of complex claim …