Articles by

Allianz Australia Taps Laybutt from Deloitte as Chief Risk Officer, Succeeding Callahan

Allianz Australia announced the appointment of Tara Laybutt as Allianz Australia’s chief risk officer, effective May 11, 2020. Laybutt has extensive experience in guiding the risk functions of large, financial services companies through complex and challenging periods, the company said …

Washington State Asks Insurers to Extend Coverage to Delivery Drivers

Washington Insurance Commissioner Mike Kreidler is asking insurers doing business in the state to immediately extend automobile insurance coverage for personal delivery drivers to aid people temporarily assigned this duty during the COVID-19 pandemic. Kreidler said his office would expedite …

Tech Issues Hampered Information on Tsunami Watch for Hawaii

Technical issues made it difficult to get information about a tsunami watch for Hawaii and its subsequent cancellation, the National Weather Service said Wednesday. The brief tsunami watch was canceled Tuesday after a 7.5 magnitude earthquake struck in the northern …

California Commissioner Wants Data on Business Interruption Coverage

California Insurance Commissioner Ricardo Lara has directed insurance companies to submit data to the California Department of Insurance regarding coverage of commercial business interruption related to COVID-19. It is hoped the data will help state policymakers understand the scope of …

Owner of WWII-Era Bomber Banned from Carrying Passengers After Connecticut Crash

The Federal Aviation Administration revoked a foundation’s permission to carry passengers aboard its World War II-era planes after a deadly crash in October. The agency cited safety concerns in its decision to prohibit the Collings Foundation from chartering its historic …

Judge Declines to Dismiss Class-Action Suit Against New Hampshire Gun Manufacturer

A judge has denied a motion to dismiss a class-action lawsuit against New Hampshire based gun manufacturer SIG Sauer. Judge Joseph Laplante found Monday that Derick Ortiz, who filed the lawsuit in September, had adequately proved his standing for litigation, …

Blenheim Gets Initial Approval from Lloyd’s to Launch New Managing Agency

Blenheim Underwriting announced it has been granted ‘approval in principle’ by the Lloyd’s board to establish a new managing agency. Blenheim said it can now submit an application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) …

Former Lloyd’s CEO Beale to Become Chair of South Africa’s Mediclinic

Mediclinic International Plc has appointed former chief executive of Lloyd’s of London, Inga Beale, as an independent non-executive director and its next chairwoman, the company said on Friday. Beale will succeed Chairman Edwin Hertzog after his retirement on July 22, …

Just in California Announces Telematics Product for Low-Income Drivers

Los Angeles, Calif.-based Just Auto Insurance Inc. has launched a telematics-based auto insurance for lower income consumers. Just’s pricing model is based on an in-house telematics model, which uses data from more than 12,000 drivers. The firm says it will …

Settlement Reached in Lawsuit Involving Wyoming Coal Workers

Attorneys representing Wyoming coal miners reached a settlement in a class action lawsuit against a bankrupt coal operator. The settlement with Blackjewel LLC of West Virginia requires final approval by a federal judge, The Casper Star-Tribune reports. The lawsuit alleged …