Archive for August 2016

By L.S. Howard XL Catlin announced it has updated the wording of its “Active Assailant” coverage to include the use of road vehicles in an attack. Stephen Ashwell, XL Catlin’s chief underwriting officer for Crisis Management, said: “The tragic events that took place … Read More Read more here:: Insurance Journal       

Sompo Canopius AG is diving into the U.S. ocean marine business. The global specialty insurer and reinsurer, which is wholly-owned by Sompo Japan Nipponkoa Insurance Inc., calls this a “significant expansion” of its U.S. business that will complement its marine … Read More Read more here:: Insurance Journal       

The Property Drone Consortium and emergency managers for Marion County, Kan. announced a public-private partnership under which the consortium will provide the county with an unmanned aerial system, sensor and resources. The county plans to deploy the system in the … Read More Read more here:: Insurance Journal       

By L.S. Howard The Dubai International Financial Centre said the number of companies based in the hub grew 16 percent during the first half even as lower oil prices and slowing economic growth forced some banks in the United Arab Emirates to cut … Read More Read more here:: Insurance Journal       

A Denver, Colo. proposal to give marijuana tourists clubs to legally use the drug has failed to make city ballots this fall. But a second proposal to allow some marijuana use at bars and restaurant still awaits word on whether … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones The constitutionality of Oklahoma’s workers’ compensation alternative, the Oklahoma Option, which was established in the 2013 overhaul of the state’s workers’ comp system, is currently being challenged in an appeal to the state Supreme Court. The Oklahoma Employee Injury Benefit … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones A New Jersey woman who was hit by a baseball during batting practice before a Brewers game in 2014 has now sued the team. Dana Morelli, 47, of Glendora, New Jersey, claims in her lawsuit that the Brewers and their … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Louisiana State Police say a Honduran man who had entered the United States illegally was driving a bus carrying flood recovery workers that hit a firetruck on a highway, killing two people and injuring dozens. Trooper Melissa Matey says the … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones Toledo, Ohio-based insurance broker, Hylant, promoted Kevin O’Donnell to senior vice president, Risk Practices. O’Donnell will lead the property, marine, global risk, casualty, environmental, executive risk, aviation, property risk control, surety and claims risk practice areas. He will work closely … Read More Read more here:: Insurance Journal