Archive for July 2016
July Insurance Industry Observations
As a heat wave settles over the middle of the country, hiring also remains scorching hot this summer for multiple areas of the industry. We had nearly 100 new jobs come through our office in the past week alone, and with over 630 opportunities on our board, it’s a great time to talk with us…
Read MoreInsurance Journal Co-Sponsors MarshBerry Market & Financial Survey: Participate Now
By Andrea Wells How are firms attracting and keeping new talent? How are organizations using data to provide their clients with insights into their business? Will historical growth rates be sustainable? What functions with an agency are becoming increasingly specialized? These are some … Read More Read more here:: Insurance Journal
Read MoreFEMA Approves UMass Disaster Mitigation Plan
The University of Massachusetts has won state and federal approval of plans to protect the system’s campuses from natural hazards. School officials say it’s necessary to prepare for threats such as storms or flooding amid climate change and the extreme … Read More Read more here:: Insurance Journal
Read MoreChubb Weathers Q2 Disasters; CEO Greenberg Hits Anti-Trade, Anti-Immigration Politics
By Andrew G. Simpson Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results. Operating income at the giant insurer formed with the merger … Read More Read more here:: Insurance Journal
Read MoreCalifornia Wildfire Shuts Down Picturesque Big Sur
State parks along the California’s famed Big Sur coastline were closed Tuesday as one of the state’s two major wildfires threatened the scenic region at the height of the summer tourism season. The Big Sur fire threatened a long stretch … Read More Read more here:: Insurance Journal
Read MoreIdaho Rancher’s Family Initiates Wrongful Death Suit
The family of an Idaho rancher authorities say was shot and killed by two Adams County Sheriff’s deputies has filed a legal notice of their intent to sue the county. The Idaho Statesman reported in a story on Tuesday that … Read More Read more here:: Insurance Journal
Read MoreGuy Carpenter’s Bueler Joins JLT Re
By Andrew G. Simpson Reinsurance broker JLT Re has appointed Aaron Bueler as executive vice president and managing broker. He will be based in JLT Re’s Seattle office reporting to George Daddario, deputy CEO of JLT Re in North America. Bueler will join JLT … Read More Read more here:: Insurance Journal
Read MoreMass. AG Says FAIR Plan to Pay $350K for Wrongly Cancelling Policies
By Andrew G. Simpson The Massachusetts Property Insurance Underwriting Association (FAIR Plan) has agreed to pay $350,000 to resolve allegations that it wrongly cancelled homeowners insurance policies over a four-year period, according to Attorney General Maura Healey. According to court documents, the residual market … Read More Read more here:: Insurance Journal
Read MoreObama Signs Bill to Curb Opioid Abuse But Decries Low Funding
By Andrew G. Simpson President Barack Obama has signed into law a bill to curb abuse of heroin and opioid drugs, even while expressing disappointment with Republicans for not providing more money for addiction treatment. The Comprehensive Addiction and Recovery Act of 2016 creates … Read More Read more here:: Insurance Journal
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