Archive for February 2017

Getting a tattoo may hurt, but giving one is no picnic, either. That’s the finding of what its authors say is the first study ever to directly measure the physical stresses that lead to aches and pains in tattoo artists—workers … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson U.S. motor vehicle accident deaths last year topped 40,000 for the first time since 2007 as cheap gasoline and a healthy economy encouraged motorists to drive more, according to new estimates released by the National Safety Council. Roadside fatalities last … Read More Read more here:: Insurance Journal       

Global insurance rate decreases moderated on average for the fourth consecutive quarter, down 3.1 percent (compared to the previous quarter’s decrease of 3.2 percent), according to Marsh’s Global Insurance Market Index – Q4 2016. * “The last quarter of 2016 marked … Read More Read more here:: Insurance Journal       

The Concord Group Insurance Companies, a Concord, N.H.-based insurance carrier, has announced that Daniel L. McCabe has joined the senior leadership team as a vice president. “Dan will play an important role on our management team as we transition through … Read More Read more here:: Insurance Journal       

Beazley, a specialist in cyber and data breach response insurance, has appointed Michael Tewfik as a technology, media and business services underwriter focused on addressing the data breach and cyber security risks of organizations in the United Kingdom. He will … Read More Read more here:: Insurance Journal       

By Don Jergler Legal settlements in law enforcement civil rights cases over the past five years have severely depleted Albuquerque, N.M.’s risk management fund, which pays for uninsured losses. In a letter to city officials, state Auditor Tim Keller wrote that the city … Read More Read more here:: Insurance Journal       

By Don Jergler A federal jury in Sacramento, Calif. has convicted a hacker accused of breaking into more than 100,000 of American Express accounts and handing off funds to Russia. The Sacramento Bee reported that 37-year-old Mihran Melkonyan on Tuesday was found guilty … Read More Read more here:: Insurance Journal       

A Haitian man has admitted in federal court he was involved in a scheme to stage dozens of car crashes in Connecticut and collected up to $30,000 per wreck by submitting bogus insurance claims. Jacques Fleurijeune, also known as “Magic,” … Read More Read more here:: Insurance Journal       

EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant headquartered in San Francisco, Calif., has appointed Thomas E. O’Neil as Northeast region president. O’Neil will relocate to New York City from EPIC’s headquarters … Read More Read more here:: Insurance Journal