Jeff Menary has been appointed executive vice president of line operations at Iowa-based Grinnell Mutual Reinsurance Co. Line operations include direct underwriting/production, direct claims, reinsurance and crop hail. Menary has served in leadership roles at the company for more than …
The Pinellas County Sheriff’s Office has paid $1.15 million to the estate of a mentally ill woman who died in her jail cell. Sheriff Bob Gualtieri told the Tampa Bay Times that 50-year-old Jennifer DeGraw should have never been arrested. …
Aiming for a bigger role in the market for large, complex global property risks, Liberty Mutual has expanded its National Accounts Property unit and added five underwriters. The unit provides ground-up, shared and layered, inland marine and equipment breakdown coverages. …
The general assembly of the Federation of European Risk Management Associations (FERMA) announced that it has agreed a framework and funding to create European certification for risk managers. “The program will provide certification of the professional competences and experience of …
A weather-changing El Nino has yet to develop in the Pacific Ocean, according to government forecasters are who maintaining a “watch” initiated in March. The chances that the warming of the equatorial Pacific will form in the next two months …
Three specialty and risk insurance veterans have launched Specialty Insurance Group (SIG) to provide custom programs for the sports, leisure and entertainment markets. The new Indianapolis-based firm is a member company of Everest Re Group Ltd. SIG’s target programs include …
Lyft Inc. isn’t authorized to offer ride sharing in New York, according to the city’s taxi regulator, just days before it was due to start service. The service hasn’t complied with safety requirements and licensing criteria and the city’s rules …
More than 6.5 million homes along the U.S. Atlantic and Gulf coasts are at risk of storm surge inundation, representing nearly $1.5 trillion in total potential reconstruction costs. More than $986 billion of that risk is concentrated within 15 major …
A bulletin from Aon’s London headquarters notes that as “part of its global strategy to empower human and economic possibility for clients, colleagues and communities,” it is launching its “Entrepreneurs in Residence (EIR) program” in partnership with Springboard 2000 Enterprises …
The sixteen member countries of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) has published an announcement, which points out that the organization “will benefit from the first ever catastrophe bond issued by the World Bank (International Bank for Reconstruction and …
