National Section

People

National Ironshore Specialty Casualty has named Casey Hartley senior vice president and head of the Programs business unit in the U.S. She will oversee the development, marketing and distribution of programs lines, working with programs administrators across Ironshore’s underwriting platforms …

Declarations

Medical Cannabis “There is incredible medicinal value associated with cannabis.” — Kentucky Gov. Matt Bevin, on supporting the legalization of medical marijuana in the state. After losing a nephew to a hard battle with cancer, Bevin said he would sign …

Ins and Outs Of Contingent Business Interruption

The steady extension of supply chains over recent decades has exposed businesses to various risks resulting from temporary interruption. These types of interruptions to a supply chain can result in significant losses, even over the short term. While it’s natural …

Word of Mouth Matters When Customers Buy Their Insurance: Facebook

For young and old property and auto insurance customers alike, word of mouth shapes their coverage purchases, according to a new Facebook survey. Where that word of mouth comes from can differ, however. The survey found that 80 percent of …

The High Price of Cyber Attacks: Chubb

The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for small-and-medium-sized enterprises (SMEs), according to a report published by Chubb. This hefty cost of repairing the business and its reputation …

Business Moves

National Hanover Insurance Group, RSA Group The Hanover Insurance Group, Inc. has a new agreement with the multinational insurer RSA Group to join its global network as a U.S. strategic network partner. This relationship expands The Hanover’s international specialty capabilities …

Striking a Balance Between Big Data and Underwriting Integrity

From accountants to advertisers, everyone is talking about the power of big data. Underwriters and insurance agents are no exception. While big data is undoubtedly an extremely valuable tool when it comes to risk assessment, policy pricing and customer service, …

How and Where to Start When an Agency Leader Retires

Q: Our executive team wants to start the recruiting process for a chief operating officer. The current leader is within two years of retirement. We prefer to be ahead of the game and have the current COO groom his successor. …

Cyber Criminals’ Threats to Expose Employee’s Use of Adult Sites Emerges as New Cyber Risk: Beazley

A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially embarrassing evidence of people using adult websites on work computers, according to a report issued by Beazley Breach Response (BBR) …

How to Prevent Spread of Infectious Diseases in the Workplace

It may be obvious when people get injured at work, but it may not always be apparent when people acquire infections resulting from exposures at work. The National Institute for Occupational Safety and Health (NIOSH) reviewed infectious disease investigations in …

National Section Archives by Month