An ex-chief insurance regulator for Missouri will take over the Association of Bermuda Insurers and Reinsurers starting in January 2018. John Huff, the immediate past president of the National Association of Insurance Commissioners, is succeeding Brad Kading, who is retiring …
Insurer MAPFRE USA, which now writes in 19 states, is narrowing its focus by concentrating on 11 key states, exiting five states including selling its New York subsidiary, and selling its life insurance unit. MAPFRE USA has identified 11 core …
The U.S. Environmental Protection Agency said last Friday it would not act on a proposal to require hardrock mining companies to show they can afford to clean up their sites. “EPA is confident that modern industry practices, along with existing …
On December 1, 2017, Coverys finalized the acquisition of Global Insurance Management Company, Inc. (GIMC), headquartered in Plantation, Fla. GIMC and its insurance subsidiary, Healthcare Underwriters Group, Inc., provide medical professional liability insurance for physicians and healthcare providers in Florida, …
Maritime Program Group, Inc. of Westbrook, Conn., has promoted Alison Kelly to chief underwriting officer. Kelly, partner and branch manager for the MPG Atlanta office and now CUO, will have oversight over all of MPG’s underwriting programs. In this role …
The value of the products consumers encounter influences how much they’ll subsequently pay for other items, according to new neuroscience research pointing to a previously undetected factor that affects consumer behavior. The study, which appeared in the journal Proceedings of …
Britain’s cyber security agency has told government departments not to use antivirus software from Moscow-based firm Kaspersky Lab amid concerns about Russian snooping. Ciaran Martin, head of the National Cyber Security Centre, said: “Russia is acting against the U.K.’s national …
Ten people died and five were injured in a fire early Friday [Dec. 1] in a northern Chinese port city where scores were killed in an explosion two years ago. The fire department in Tianjin said the blaze broke out …
A pair of 23-year old students, Hugo Moreau and Paul Nicolet, came out on top in the final round of an inaugural blockchain competition held in Switzerland. The two Swiss masters students at École Polytechnique Fédérale de Lausanne (EPFL) successfully …
Compre, the independent insurance and reinsurance legacy specialist, announced that Nick Steer, a founding director, will step down as group CEO in March 2018. He will remain within the group as non-executive deputy chairman, advising on future acquisitions. Will Bridger, …
