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MS Amlin Appoints Pearce from Old Mutual as CFO

MS Amlin, the global re/insurer, announced the appointment of Iain Pearce to the role of chief financial officer. Pearce will join the business on June 3, 2019, forming part of the executive team and reporting to Simon Beale, CEO. The …

Risk Managers Rank Economic Slowdown, Damage to Reputation as Top 2 Risks: Aon

Economic and global trade concerns are challenging organizations’ ability to invest adequately in preparing for and protecting the continuity of their operations, according to findings from Aon’s 2019 Global Risk Management Survey, which aims to identify the challenges organizations face …

Father Sues Over Son’s Drowning on School Field Trip in Maine

The father of a 13-year-old boy who drowned on a field trip to a Maine state park is suing the state and the city of Lewiston in federal court. The Sun Journal newspaper reports that the lawsuit filed by Ali …

Augusta Police Department to Change Practices Based on NTSB Recommendations

The Augusta Police Department says it’s going to follow “best practices” outlined by the National Transportation Safety Board in a report on a 2017 pileup during the United Bikers of Maine Toy Run. The report said an unsafe maneuver by …

Reports Say Massachusetts Workplace Deaths Down Slightly

Labor organizations and a workplace safety advocacy group say 69 people died of work-related causes in Massachusetts last year, down slightly from 74 in 2017. The 28-page report released Friday by the Massachusetts AFL-CIO and the Massachusetts Coalition for Occupational …

Liberty Specialty Promotes Hall, Wheeler in Specialty Binders Team in London

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has made two promotions within its specialty binders team in London. Kerry Hall becomes underwriting manager for property while Richard Wheeler becomes senior business and strategic development underwriter. Both promotions …

Electrical Fault in Battery Caused Huge Blaze at Ocado’s UK Distribution Center

British online grocer Ocado said a huge blaze which destroyed its major distribution center in Andover, southern England, was caused by an electrical fault in a battery that caused a robot to catch fire. Shares in Ocado fell as much …

Insurance Institute Calls for Rear Seat Safety Upgrades

The Insurance Institute for Highway Safety says in a new report that safer restraint systems are needed for the back seats of cars. The study finds that rear-seat safety has not kept pace with front-seat safety and it has been …

Florida Officials Call on U.S. Lawmakers to Pass Hurricane Michael Aid Package

A bipartisan group of Florida Cabinet members and state lawmakers is demanding that U.S. lawmakers pass a disaster-relief package for Hurricane Michael victims. Chief Financial Officer Jimmy Patronis, Attorney General Ashley Moody, Agriculture Commissioner Nikki Fried and lawmakers said Thursday …

In Race for New Personal Lines Insurance Business, Exclusive Agents at Disadvantage

Personal lines insurers have only one option when it comes to growing their business: they must steal market share from competitors. That’s because each year brings very few new customers. Only about two to three percent of personal lines customer …