Agency Organic Growth Slowed in 2016: Reagan February 15, 2017 Organic revenue growth among insurance agencies and brokerage firms fell in 2016 to 4.2 percent– its lowest annual rate since...
Drones Used to Improve Safety on Eni’s Oil Rigs February 15, 2017 A British drone operator has won a contract to inspect rigs operated by one of the world’s largest oil producers....
Lloyd’s Sees Political Risk Insurance Opportunity in Trump, Brexit February 15, 2017 By Jonathan Levin Lloyd’s of London Chief Executive Officer Inga Beale said Donald Trump’s presidency and the U.K.’s planned exit from the European...
Colombia’s Insurance Regulator Approves Use of AIR’s Earthquake Model February 15, 2017 Catastrophe modeling firm AIR Worldwide (AIR) announced that its earthquake model for Colombia has been approved by the country’s insurance...
Federal Reserve Chair Yellen Defends Role in International Regulation February 15, 2017 By Jonathan Spicer Federal Reserve Chair Janet Yellen, in response to a warning from a U.S. congressman to halt global regulatory talks in...
Fire Destroys Virginia Tech Research Building, Estimated Damage up to $1.3M February 15, 2017 Officials say a fire destroyed a research building at Virginia Tech. Media outlets report it happened at the Prices Fork...
State Officials Urge Residents to Avoid Driving as Winter Storm Hits Northeast February 15, 2017 By Patrick Whittle Plow trucks and shovelers in the Northeast attacked the region’s newest winter storm as fresh powder piled on top of...
Philadelphia Insurance Companies in Pennsylvania Promotes 5 Employees February 15, 2017 Philadelphia Insurance Companies (PHLY), a commercial property/casualty and professional liability insurance company for niche markets based in Bala Cynwyd, Penn.,...
Insurer & Investor Group Urges G20 to Scrap Fossil Fuel Subsidies by 2020 February 15, 2017 Investors and insurers with more than $2.8 trillion in assets under management on Wednesday called on the Group of 20...
Ex-CFO of Bankrupt Enron Offers D&O Lessons from Accounting’s ‘Gray’ Areas February 15, 2017 By Elizabeth Blosfield Andrew Fastow, former chief financial officer (CFO) of Enron Corp., a now-defunct energy trading company swept up in a massive...