Archive for September 2017
Arkema Sued by Police, EMTs over Chemical Plant Fire after Harvey
By Stephanie K. Jones Police and emergency workers filed suit on against French chemicals company Arkema SA, claiming it failed to take adequate steps to avoid a fire at its Crosby, Texas, plant after Hurricane Harvey. Seven police, fire and emergency medical technicians sued … Read More Read more here:: Insurance Journal
Read MoreBad Design, Poor Construction Blamed for to California Dam Damage
By Don Jergler Bad design and construction of the tallest U.S. dam a half-century ago and inadequate state and federal oversight since then led to a disastrous spillway collapse in February, an independent national team of dam safety experts said this week as … Read More Read more here:: Insurance Journal
Read MoreSanlam Says South African Political Turmoil to Dampen Domestic Business Outlook
By L.S. Howard Sanlam Ltd., the largest South African-based insurer, said prospects for its domestic business will remain muted for the rest of this year and into 2018 as political uncertainty knocks confidence and markets. Political and economic policy uncertainty is “not likely … Read More Read more here:: Insurance Journal
Read MoreArthur J. Gallagher Acquires Sweden’s Nordic Forsakring & Riskhantering
By L.S. Howard Arthur J. Gallagher & Co. announced the acquisition of Nordic Försäkring & Riskhantering AB (Nordic), located in Gothenburg, Sweden. Terms of the transaction were not disclosed. Founded in 1991, Nordic is a retail insurance broker offering a broad range of … Read More Read more here:: Insurance Journal
Read MoreMarsh Restructures Management with New Risk & Digital, Placement & Specialties Divisions
Marsh announced a new global management structure, which includes new appointments to its executive management team and two new divisions. Marsh’s global management structure includes the newly formed Global Risk & Digital (GR&D) division, which brings together Marsh’s solutions and … Read More Read more here:: Insurance Journal
Read MoreHurricane Irma Devastates Chain of Caribbean Islands, Now Setting Sights on Florida
By L.S. Howard Irma barreled toward Florida after battering Puerto Rico and devastating a chain of small Caribbean islands, as the Category 5 hurricane threatens to turn into the most expensive storm in U.S. history. Irma, one of three hurricanes churning toward North … Read More Read more here:: Insurance Journal
Read MoreHub International’s Cohen to Add CEO Role in 2018
By Andrew G. Simpson Global insurance broker Hub International Limited (HUB) has named Marc Cohen, currently president, as president and chief executive officer, effective January 1, 2018. He will also be a member of the board of directors. Cohen will be succeeding as CEO … Read More Read more here:: Insurance Journal
Read MoreFire Management Assistance Granted for California’s Pier Fire
By Don Jergler The Federal Emergency Management Agency has authorized the use of federal funds to assist California in fighting the Pier Fire burning in Tulare County. The state submitted a request for a fire management assistance for the Pier Fire on Sept. … Read More Read more here:: Insurance Journal
Read MoreSuit over Kona Beer Not Being Brewed in Hawaii Allowed to Proceed
By Don Jergler Calling Hawaii “a state as well as a state of mind,” a federal judge refused to dismiss a lawsuit accusing the maker of Kona craft beer of misleading consumers into believing the beer was actually made in the 50th U.S. … Read More Read more here:: Insurance Journal
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