January winter weather cost more than $4.0 billion of economic impact in the United States and Asia, according to Impact Forecasting, Aon Benfield’s catastrophe model development team, which evaluates the impact of natural disasters on a monthly basis. During the …
French corporate raider Vincent Bollore is making his influence felt in corporate Italy by defying the country’s old guard in choosing a replacement for Mario Greco as Generali chief executive. Greco may have masterminded a three-year turnaround and a doubling …
Brit Ltd., the London-based specialty insurer, has opened an office in Singapore, which will begin operations on March 1 via the Lloyd’s Singapore platform. Brit has received approval to begin underwriting from both Lloyd’s and the Monetary Authority of Singapore …
In Jokkmokk, a tiny hamlet just north of the Arctic Circle in Sweden, where temperatures can dip to 50 below, Volvo Cars’ self-driving XC90 sport-utility vehicle met its match: frozen flakes that caked on radar sensors essential to reading the …
A U.N.-blacklisted North Korean shipping company continues to evade sanctions through its use of foreign-flagged ships, name changes and other means of obfuscation, according to a new report by United Nations monitors. The U.N. Security Council’s Panel of Experts on …
Gov. Doug Ducey has appointed Leslie Hess as the interim director of the Arizona Department of Insurance. Hess has worked in the insurance and financial services industries, in both the private and public sectors, for over 25 years. Hess was …
The Texas Department of Insurance is accepting applications through March 11 for two public member positions on the Texas Medical Liability Insurance Underwriting Association board of directors. The appointment terms are for one year. The association is a self-supporting entity …
The Arkansas Insurance Department reported that its Consumer Services Division (CSD) recovered $3,843,969 for Arkansas insurance consumers in 2015. Recoveries are dollar amounts in excess of the amounts initially offered by insurance companies. In 2014, $3,803,830 was recovered. During 2015, …
Chicago-based independent regional wholesale insurance brokerage and general agent, Donald Gaddis Co. Inc., has hired Angela Cale as a senior property/casualty broker. Cale has 23 years of experience in the excess and surplus lines segment of the industry, handling both …
Arkansas highway officials have initiated $2.8 million in improvements with a focus on reducing wrong-way crashes on the state freeway system. The Arkansas Democrat-Gazette reports that the effort is designed to address the problem of motorists entering freeways in the …
