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Ironshore International Hikes Capacity to $400M for Terrorism & Sabotage Cover  
Ironshore International has increased capacity for Terrorism & Sabotage programs to US$400 million, an increase from the current U$375 million limit, effective immediately. Ironshore’s Terrorism & Sabotage cover provides insurance protection for clients against damage to commercial and residential property, …

POSTED FEBRUARY 22, 2017 8:50 AM
AXIS Insurance Taps Beazley’s Brown to Lead London Market MGA Growth
AXIS Capital Holdings Ltd. announced that Julian Brown has joined AXIS Insurance as vice president and underwriter, responsible for leading growth initiatives and product development for the company’s London market managing general agency (MGA) unit. Brown will work alongside Paul …

POSTED FEBRUARY 22, 2017 8:29 AM
Missouri GOP Again Seeking to Limit Liability Lawsuits
With new Republican Missouri Gov. Eric Greitens’ support, GOP lawmakers this year are pushing a collection of bills to limit liability lawsuits that supporters have praised as pro-business but critics have slammed as hindering access to the courts. The legislation …

POSTED FEBRUARY 22, 2017 6:04 AM
Klenke Named Chief Legal Counsel at Wisconsin Insurance Commissioner’s Office
Wisconsin Commissioner of Insurance Ted Nickel has appointed Charlotte Klenke to serve as chief legal counsel at the Office of the Commissioner of Insurance (OCI). Klenke previously was the associate general counsel for Schneider National Inc., in Green Bay, Wis. …

POSTED FEBRUARY 22, 2017 6:03 AM
The Hidden Cost of Bundling Insurance Policies
Marketers love to bundle products and for good reason. Bundling encourages consumers to buy more. However, new research suggests that it’s not quite that simple. While bundling gets buyers to buy more, it can also make them less willing to …

POSTED FEBRUARY 22, 2017 6:00 AM
Florida Hospital Company Reaches $5.5M Settlement Over Stolen Patient Info
A company that operates six South Florida hospitals has agreed to a $5.5 million settlement with the federal government over patient information that was stolen by two employees. The South Florida Sun Sentinel reported Friday that Memorial Health Care Systems …

POSTED FEBRUARY 22, 2017 4:42 AM
Homeowners in South Carolina County Seek Buyout of Flooded Property
More than two dozen Lexington County, S.C., residents are ready to sell their homes rather than repair the flood damage. The State newspaper reported that 28 homeowners are asking county officials to buy and demolish the homes as part of …

POSTED FEBRUARY 22, 2017 4:38 AM
CNA Taps Haas to Lead Florida Branch
CNA has appointed David Haas as vice president of the company’s Florida branch, effective Feb. 23, 2017. In this role, Haas will lead the Florida branch and grow its relationships with producers, accelerate CNA’s market presence and continue to shape …

POSTED FEBRUARY 22, 2017 4:31 AM
Infogain Names Patterson as Guidewire Head for Insurance Vertical in California
Infogain has named James Patterson as Guidewire head. Patterson is based in San Diego, Calif. and reports to Girish Kannalli, vice president and general manager of the insurance and healthcare business unit. Kannalli is responsible for strengthening Infogain’s solutions and …

POSTED FEBRUARY 21, 2017 8:16 PM
Despite Increase in Lawsuits, Texas Homeowner Insurance Complaints Remain Low
Despite a half million hail claims resulting in a record $4 billion in insured losses last year, homeowner complaints to the Texas Department of Insurance (TDI) were the lowest number ever recorded, the Insurance Council of Texas (ICT) reports. Record …

POSTED FEBRUARY 21, 2017 5:50 PM
Houston’s Insgroup Acquires Benefits Firm, The Fawcett Group
Houston-based Insgroup Inc. (Insgroup) has acquired The Fawcett Group (Fawcett), a firm specializing in employee benefit plan brokerage and consulting to emerging and mid-market businesses, as well as not-for-profits. Jan Fawcett-Heilman, owner of The Fawcett Group, joined Insgroup as a …

POSTED FEBRUARY 21, 2017 5:45 PM
Bill Protecting Drivers Who Hit Protesters Dies in North Dakota
A controversial North Dakota bill that sought to shield motorists from liability if they unintentionally hit a protester on a roadway, injuring or killing them failed to garner enough support from lawmakers. House Bill 1203, introduced in January by Republicans, …

POSTED FEBRUARY 21, 2017 5:29 PM
Wisconsin-Based Sargento Expands Cheese Recall, Cuts Ties With Supplier
Wisconsin-based Sargento Foods Inc., is expanding a voluntary recall of some cheeses due to a possible bacterial contamination. The company recalled some cheeses Feb. 10, but expanded the recall on Feb. 17 to include products produced on the same line. …

POSTED FEBRUARY 21, 2017 5:27 PM
South Dakota Bucks National Trend of Increased Crash Fatalities
Crash fatalities are rising in many states but they’re going down in South Dakota. According to the National Safety Council, South Dakota had the fourth-lowest crash fatality rate in the country in 2016. Nationally, fatal crashes went up 6 percent. …

POSTED FEBRUARY 21, 2017 5:26 PM
Dozens of Homes Around San Antonio Damaged by Severe Storms, Tornadoes
Severe storms, including at least one tornado, have wreaked widespread damage across parts of San Antonio, damaging dozens of homes but causing only minor injuries. A National Weather Service survey team confirmed that a tornado struck a residential area about …

POSTED FEBRUARY 21, 2017 5:25 PM
Landmark Restaurant in Washington Suffers $1M in Fire Damages
A fire at a Marysville, Wash. landmark caused about $1 million in damage. The Daily Herald reported that a fire broke out on Sunday at the Village Restaurant. It’s a landmark with a history that dates back to the 1930s. …

POSTED FEBRUARY 21, 2017 3:41 PM
California Gas Prices Could Rise Following Local Refinery Blast
An explosion and fire at an oil refinery in Torrance, Calif. over the weekend forced the partial shutdown of the plant, leading oil traders to expect a spike this week in West Coast gasoline prices. Police and the plant owner …

POSTED FEBRUARY 21, 2017 3:39 PM
Socius Insurance Services Names Grace as Assistant Vice President in Arizona
Socius Insurance Services Inc. has hired Cassandra Grace to join its management and professional liability practice as assistant vice president. Grace will be based in Phoenix, Ariz. Grace has more than a decade of experience in the insurance industry, specifically …

POSTED FEBRUARY 21, 2017 3:23 PM
10 U.S.-Designated Autonomous Vehicle Testing Sites
The U.S. Department of Transportation recently designated 10 “proving grounds” to encourage safe testing of automated vehicle technologies. “The designated proving grounds will collectively form a Community of Practice around safe testing and deployment,” said U.S. Transportation Secretary Anthony Foxx. …

POSTED FEBRUARY 21, 2017 2:24 PM
RSA Global Network Expands African Service by Extending Globus Partnership
Leading international insurer RSA can now service multinational customers in five more African countries after extending an existing partnership with Africa-based insurance network, Globus. Founded in 2007, Globus Network operates from its head office in Douala, Cameroon, and is the …

POSTED FEBRUARY 21, 2017 2:08 PM
Markel Corporation Names Dillon Underwriting Assurance Director in Virginia
Markel Corporation, a financial holding company headquartered in Richmond, Va., has named Ashley Dillon underwriting assurance director on the product line leadership team. Dillon is located in Markel’s headquarters in Richmond, Va., and reports to Chief Underwriting Officer Robin Russo. …

POSTED FEBRUARY 21, 2017 2:00 PM
Sirius XM Wins Dismissal of Turtles Copyright Lawsuit in New York
Sirius XM Holdings Inc. on Thursday won the dismissal of a New York copyright lawsuit over the satellite radio company’s playing of older songs by the 1960s band The Turtles and other artists, reducing the size of a related settlement …

POSTED FEBRUARY 21, 2017 1:39 PM
Snoozing While Cruising Argues for Full Autonomy in Vehicles
As Ford Motor Co. has been developing self-driving cars, the U.S. automaker has started noticing a problem during test drives: Engineers monitoring the robot rides are dozing off. Company researchers have tried to roust the engineers with bells, buzzers, warning …

POSTED FEBRUARY 21, 2017 1:17 PM
Virginia Assembly Passes Bill to Prevent Identity Theft
A bill that seeks to protect Virginians from losing their income tax refunds to identity thieves won final approval Wednesday in the General Assembly. The bill’s sponsor, Del. Mark Keam, D-Vienna, said thieves can steal information from the payroll system …

POSTED FEBRUARY 21, 2017 11:26 AM
Rhode Island Family Hospitalized with Suspected Carbon Monoxide Poisoning
A family of five from Rhode Island has been taken to the hospital with suspected carbon monoxide poisoning. Smithfield Fire Chief Robert Seltzer says it appears the two adults and three children were overcome by carbon monoxide from a malfunctioning …

POSTED FEBRUARY 21, 2017 11:24 AM
The Hanover Appoints Fowle as CEO of Chaucer Syndicates, Succeeding Slabbert
The Hanover Insurance Group Inc. announced that John Fowle has been promoted to chief executive officer of Chaucer Syndicates Ltd. Fowle is replacing Johan Slabbert, who is leaving the company to pursue other opportunities. Fowle has held key leadership roles at Chaucer since …

POSTED FEBRUARY 21, 2017 11:19 AM
Swiss Re Corporate Solutions Names Mazzoleni Neglén as Head of Sales EMEA
Swiss Re Corporate Solutions has appointed Loredana Mazzoleni Neglén as head of Sales, Europe, Middle East and Africa (EMEA). In her new role, Mazzoleni Neglén will be responsible for developing and executing the company’s distribution and sales strategy in the …

POSTED FEBRUARY 21, 2017 11:03 AM
Colombia’s Regulator Approves RMS Earthquake Model for Use by Insurers
RMS, the the Newark, Calif.-based catastrophe risk management firm, has received approval from the Colombian insurance regulator, Superintendencia Financiera de Colombia (SFC), to offer catastrophe modeling services to national and global insurance companies writing earthquake risk in Colombia. Insurers writing …

POSTED FEBRUARY 21, 2017 10:37 AM
Cyber Attacks Remain at Top of List of Business Continuity Worries: Survey
The threat of cyber attacks and political instability resulting from rising populism are among the biggest worries for businesses around the world, according to a study of companies in 79 countries. The number one issue for executives working in business …

POSTED FEBRUARY 21, 2017 9:05 AM
Carnegie-Brown Appointed as Next Lloyd’s Chairman
Bruce Carnegie-Brown will become the chairman of Lloyd’s following a meeting of the Council of Lloyd’s where his appointment as successor to John Nelson was approved unanimously. His appointment also was unanimously supported by the Lloyd’s Franchise Board. The council, …

POSTED FEBRUARY 21, 2017 8:33 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Heil and Kay Insurance Agency Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

 

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