RIMS Names 2016 Leaders; Outerwall’s Pemberton Becomes President January 8, 2016 RIMS, the risk management society, announced that Julie Pemberton will lead the group as president for the 2016 term. Pemberton...
Outlook for U.S. Commercial P/C Insurance Still Negative: A.M. Best January 8, 2016 Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty...
$10M Contributor Greenberg Says Jeb Bush Would Be ‘Outstanding Leader’ January 8, 2016 By Tim Higgins and Zachary Mider Maurice “Hank” Greenberg’s insurance company donated $10 million to a super-PAC supporting Republican Jeb Bush‘s bid for the White House,...
2015: Second ‘Hottest’ Year on Record in U.S. Included 10 Major Weather Events January 8, 2016 Last year was the second hottest on record in the contiguous United States, and included 10 major weather and climate...
Families of Shooting Victims Sue Wal-Mart Over Sale of Bullets January 8, 2016 By David DeKok Wal-Mart Stores Inc , the world’s largest retailer, faces a lawsuit in Pennsylvania claiming store employees negligently allowed an underage,...
Beazley’s Chief Underwriting Officer, Maidment, Elected to Council of Lloyd’s January 8, 2016 Neil Maidment, Beazley’s chief underwriting officer, has been elected to the Council of Lloyd’s for a three year term, beginning...
Former Quest CEO Wins $14 Million in Insurance Case Against Goldman Sachs Unit January 8, 2016 By David Voreacos Former Qwest Communications International Inc. chief Joseph Nacchio won a $14.2 million insurance case verdict against a Goldman Sachs Group...
Amlin Finalizes Merger of 2 European Subsidiaries, Creating Amlin Insurance SE January 8, 2016 Amlin plc, the London-based specialist insurer, announced the successful completion on Jan. 4 of the cross-border merger of two of...
CNA Appoints Zurich’s McCarron Senior Vice President, Commercial Claim January 8, 2016 CNA said it has named Peter McCarron as senior vice president, Commercial Claim. McCarron joins CNA from Zurich North America,...
UK Regulator’s Acting CEO McDermott Withdraws From Race for Permanent Role January 8, 2016 By Suzi Ring U.K. Financial Conduct Authority’s acting top executive withdrew from the race to take the role permanently after manning the post...