Archive for November 2016

By L.S. Howard Allied World Assurance Company Holdings announced two appointments to its General Casualty Division in Asia: Daphne Boon to the position of vice president, head of General Casualty (Asia), and Christie Huang Shuying to assistant vice president. Boon joins Allied World … Read More Read more here:: Insurance Journal       

A California Department of Industrial Relations progress report shows continuing of the state’s Independent Medical Review process IMR is the medical dispute resolution process that uses medical expertise to obtain consistent, evidence-based decisions and component of the state’s workers’ comp … Read More Read more here:: Insurance Journal       

By djohnson The sharing economy poses new challenges for insurers including new exposures from technology and a need for better communication between claims and underwriting. That’s according to members of the International Association of Claim Professionals (IACP) who spoke out in a … Read More Read more here:: Insurance Journal       

By L.S. Howard Nexus Underwriting, the London-based independent specialty managing general agent (MGA), has formed a claims company, trading as Nexus Claims. Being run independently from the underwriting companies, Nexus Claims offers claims management services to Nexus’ underwriting partners as well as insurance … Read More Read more here:: Insurance Journal       

By L.S. Howard Zurich Insurance Group’s re-underwriting program is starting to bear fruit – as evidenced by the company’s improved third-quarter results – but Group CFO George Quinn readily admits there is still work to be done. The steps that the company took … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson Computerized sensors that warn drivers they’re about to rear-end another vehicle or prevent other types of accidents are available on models made by every major auto manufacturer. The problem, according to a U.S. safety agency and accident-prevention advocates, is that … Read More Read more here:: Insurance Journal       

State officials first uncovered evidence of contaminated soil in parts of an upstate New York city about 30 years ago, but didn’t officially warn residents until last month. An investigation by the Democrat & Chronicle of Rochester found that a … Read More Read more here:: Insurance Journal       

Chubb, the world’s largest publicly traded property and casualty insurance company, has appointed Steven Reiss as executive vice president and real estate and hospitality industry practice leader. He will be based in New York and will report to Chris Maleno, … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson When Jeb Hensarling, the Republican chair of the U.S. House Financial Services Committee, released legislation this summer to weaken the major financial law known as Dodd-Frank, many said it was a prêt-a-porter plan that his party’s nominee, Donald Trump, could … Read More Read more here:: Insurance Journal