Archive for November 2016

By L.S. Howard Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., has appointed Andrew Case as managing director of Talbot Underwriting Australia. During his 30 years of experience in the insurance industry, Case established and led several businesses in Asia and … Read More Read more here:: Insurance Journal       

By L.S. Howard China may allow foreign investors to hold controlling stakes in mainland securities, fund management and insurance companies, the Chinese and British governments said, underlining Beijing’s commitment to opening up the mainland capital markets. Permitting foreigners to hold controlling stakes in … Read More Read more here:: Insurance Journal       

Colorado voters rejected a ballot measure on Tuesday to create the nation’s first statewide universal health insurance program, according to local NBC News affiliate 9News. The proposition, called Amendment 69, would have created one of the most dramatic overhauls to … Read More Read more here:: Insurance Journal       

Authorities say five boys have been arrested in connection with two fires in Norwich last month. Police say four 13-year-olds and a 12-year-old face charges that include second-degree arson and first-degree criminal mischief. Police say the most recent blaze happened … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson At retirement communities from California to Florida, golf carts have become a way of life. They’re energy-efficient, cheaper to buy and maintain than regular cars, and, seniors say, fun to drive. For many, they’re the main way to get from … Read More Read more here:: Insurance Journal       

A major blaze is burning at the former Bethlehem Steel site outside Buffalo. Firefighters responded around 7:30 a.m. Wednesday to reports of a fire at the industrial site in the city of Lackawanna, just south of Buffalo. WGRZ-TV reports explosions … Read More Read more here:: Insurance Journal       

The New York State Insurance Fund (NYSIF) has created a producers’ advisory council and appointed three Independent Insurance Agents & Brokers of New York (IIABNY) members to serve on the council. Jack Smith, Jr., CPCU, ARM, CIC, of William A. … Read More Read more here:: Insurance Journal       

Two Gresham, Ore. couples have agreed to pay $135,000 to settle a lawsuit accusing them of cutting down or damaging dozens of protected trees to improve the views from their homes. The Oregonian/OregonLive reported court documents released this week show … Read More Read more here:: Insurance Journal       

By Elizabeth Blosfield Delaware has elected New Castle County Sheriff, Trinidad Navarro, as its next insurance commissioner. Navarro won the race against Republican Jeff Cragg and is set to succeed Commissioner Karen Weldin Stewart. “For too long, Delaware insurance consumers have not had … Read More Read more here:: Insurance Journal