Industry News

Best's Reviews

Allianz Head of Inland Marine: Tech Opens Possibility of Owning, Insuring Fractions of Valuable Art

Jun 18, 2018 Rich Soja, head of inland marine, Allianz Global Corporate and Specialty, said blockchain and other advancing...

Lockton Names President for San Diego Operations

Jun 18, 2018 Lockton Cos. said it named Sallie Giblin as president of its San Diego operations. Giblin will lead a team of property/casualty insurance and employee benefits...

Gallagher’s UK Broking CEO to Step Down

Jun 18, 2018 Grahame Chilton will be stepping down later this year as chief executive officer of Arthur J. Gallagher & Co.’s U.K.-based brokerage and underwriting division to devote...

Best’s Special Report: Caribbean Insurance Regulators Show Solid Performance, Although Future Remains Uncertain

Jun 18, 2018 A.M. Best’s annual survey of the Caribbean Association of Insurance Regulators (CAIR) member...

Insurance Journal

Risk Strategies Acquires Craford Benefit Consultants in California

Jun 18, 2018 Risk Strategies has acquired San Rafael, Calif.-based Craford Benefit Consultants. Terms of the deal were not disclosed. Craford is an employee consulting and...

Maggie Bender-Johnson Named President of Warren G. Bender in California

Jun 18, 2018 Sacramento, Calif.-based Warren G. Bender Co. has named Maggie Bender-Johnson president. Bender-Johnson, formerly vice president of operations, has been a...

Last Defendant in Louisiana’s Camp Minden Explosion Case Owes $149K

Jun 18, 2018 The last defendant pleaded guilty to conspiracy and agreed that he owes the federal government $149,000 in a case involving a huge explosion at a...

Michigan’s Kellogg Company Recalls Honey Smacks Due to Salmonella Potential

Jun 18, 2018 The Kellogg Company, based in Battle Creek, Mich., is voluntarily recalling some of its Honey Smacks cereal after salmonella infected 73 people in 31...

Business Insurance

Lockton appoints president for San Diego operations

Jun 18, 2018 The Lockton Cos. L.L.C. said Monday it has named company veteran Sallie Giblin to be president of its San...

Tax reform positive for some offshore captives: Best

Jun 18, 2018 The impact of U.S. tax reform is a mixed bag for captive insurers, although it is a positive for offshore...

Everest signs agreement with drone analytics company

Jun 18, 2018 Everest National Insurance Co., a unit of Everest Re Group Ltd., said Monday it had signed an...

Claims Journal

Adjuster Licensing Requirements Onerous, Costly

Jun 18, 2018 How many states require licensing of staff and/or independent adjusters? As a carrier or an adjusting firm, if you don’t know, you just might be in violation. Currently, 34...

A Year Later, Grenfell Tower Fire Still Haunts Britain

Jun 18, 2018 In the shadow of London’s Grenfell Tower, the pain is as fresh as the newly laid flowers for the dead. One year ago, the residential high-rise was destroyed by a...

Watchdog Probe Finds FAA Inspectors let Unsafe Charters Fly

Jun 18, 2018 Government aviation inspectors allowed unsafe aircraft to operate in U.S. commercial flight operations, a whistleblower investigation has concluded. The Federal...

Washington Pedestrian, Cyclist Deaths Double in Recent Years

Jun 18, 2018 Pedestrian and bicyclist deaths doubled statewide over four years, a new state report shows, despite Washington’s ongoing effort to eliminate traffic fatalities and...

Property Casualty 360

Tackling the U.S. flood insurance challenge

Feb 28, 2018 Flood risk is one of the most severe natural hazards in the United States, yet one of the least well-managed. Nearly all the risk is borne by one...

A monumental disaster

Feb 28, 2018 If insurers stopped taking statements — and written, signed ones are better than recorded — they will spend more defending lawsuits than they would settling owed claims.

Around the P&C insurance industry: Feb. 28, 2018

Feb 28, 2018 News from Ryan Specialty Group LLC, J.S. Held, RIMS and more.