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‘Substantial’ Rate Hikes Expected As Re/Insurers’ Results Take a Hit: Swiss Re

Non-life re/insurers’ full-year underwriting results are likely to be severely affected by the second half of the year’s three hurricanes and earthquakes in Mexico–which will lead to rate hardening for non-life insurers and reinsurers, according to a report published by …

EPIC Insurance Brokers and Consultants Hires Hays to New Pittsburgh Location

EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has hired Eric Hays as regional director of employee benefits. Hays will be based in EPIC’s newest location in Pittsburgh, Penn., launched with the …

Cook Maran Acquires New York’s McDermott & Thomas Associates

Cook Maran & Associates (Cook Maran), a New York and New Jersey insurance broker and the New York metropolitan area platform for Prime Risk Partners (PRP), has acquired McDermott & Thomas Associates LLC (M&T), a Staten Island, N.Y.-based agency specializing …

Alliant Hires Massachusetts-Based Long to Energy and Marine Group

Alliant has hired Charlie Long as vice president in its Energy and Marine Group, where he will provide targeted solutions to a growing international client base. Long, based in Boston, Mass., brings 27 years of experience to this role. He …

AFL Insurance Brokers Taps RK Harrison’s Stagg to Drive Tech Innovation

AFL Insurance Brokers Ltd. announced that re/insurance broker George Stagg has joined the company to lead its technology incubator division as associate director, innovation. Stagg joins from RK Harrison, where he was most recently a terrorism political violence and war …

Randall & Quilter Sells R&Q Managing Agency to U.S. MedMal Insurer Coverys

Randall & Quilter Investment Holdings Ltd. announced it has completed the sale of its Lloyd’s managing agency, R&Q Managing Agency Ltd. (RQMA), to Coverys, a provider of medical professional liability insurance based in Boston, Mass. The agreement between R&Q and …

Victim Compensation for Emotional Suffering: How Much Is Right?

If a company sends one of its workers to a crime-ridden neighborhood to repair a leaking roof and the worker is held up by gunpoint, has his wallet stolen and is so terrified that he can’t return to work, how …

Woman Staying in Hotel During Tennessee Wildfires Claims PTSD in Lawsuit

A Tennessee woman who checked in to a hotel as deadly wildfires raged nearby says in a lawsuit that she was terrified she would die in the hotel and is suffering from post-traumatic stress disorder because of the experience. Holly …

Miner Dies on Blackhawk Mining Property in West Virginia

West Virginia mining officials say that a 28-year-old equipment operator for a coal mining company has died. The Office of Miners’ Health, Safety and Training says the incident occurred about 3 p.m. Tuesday on property owned by Blackhawk Mining in …

Who Is Most at Risk for Opioid Death and How to Help Them: Columbia Research

Just over 60 percent of individuals who died from an opioid overdose had been diagnosed with a chronic pain condition, and many had been diagnosed with a psychiatric disorder, a study of more than 13,000 overdose deaths has found. Only …