ExxonMobil Paying $1M as Part of New Mexico Settlement March 3, 2020 ExxonMobil will contribute $500,000 to a fund used to clean up leaks from petroleum storage tanks as part of a...
M5.8 Earthquake Strikes Near Western Alaska March 3, 2020 A magnitude 5.8 earthquake near Adak, the westernmost municipality in the United States, the U.S. Geological Survey confirmed. The earthquake...
Chubb Names Buonpane as Construction Industry Practice Leader in New York March 3, 2020 Chubb has named Stephen Buonpane as Construction Industry Practice leader for its large account segment. He succeeds Bill Hazelton who...
Chubb Enhances North American Claims Leadership with Hazelton, Watt March 3, 2020 Chubb has expanded its North America claims leadership team with two appointments: Bill Hazelton has been named head of Chubb...
Marsh Calls for Submissions for 2020’s Best Cybersecurity Products Designations March 3, 2020 Global insurance broker Marsh announced the 2020 opening of its Cyber Catalyst program that identifies cybersecurity products that cyber insurers...
Parametric Insurance Could Offer Hotels Relief from Coronavirus Cancellations March 3, 2020 By Noor Zainab Hussain and Carolyn Cohn Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies...
Fitch Sees Only ‘Modest Impact’ on U.S. P/C Insurance from Coronavirus March 3, 2020 The coronavirus (COVID-19) outbreak is not currently anticipated to have a meaningful adverse impact on financial results reported by U.S....
Homes in Flood Plains May Be Overvalued by $34 Billion March 3, 2020 By Eric Roston At least 3.8 million U.S. homes lie in flood plains. Together, they may be overvalued by $34 billion. New research...
Arthur J. Gallagher Acquires New York’s CMS March 3, 2020 Arthur J. Gallagher & Co. has acquired Melville, N.Y.-based CMS LLC. Terms of the transaction were not disclosed. Founded in...
Walsh Duffield Announces Partnership with New York’s OSEA March 3, 2020 Walsh Duffield, a fifth-generation, family owned insurance company, has partnered with OSEA Inc., a 30-year-old environmental, health, safety and security...