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News – Insurance Journal
People Moves: New Hire at Willis, Chamness Elected to Norfolk & Dedham Boards
Willis Towers Watson Hires Latham to Mid-Atlantic FINEX Commercial Team Willis Towers Watson, a global advisory, broking and solutions company, hired Kenneth Latham to as associate director for the Mid-Atlantic FINEX commercial team. Latham will be responsible for all aspects …
POSTED OCTOBER 22, 2021 1:24 PM |
NCCI Launches Workers’ Comp Learning Academy for Carriers
The National Council on Compensation Insurance has launched a workers’ compensation learning academy for member carriers. “NCCI affiliates have asked for convenient training and development programs focused on workers compensation insurance,” the council said in a bulletin. The learning sessions …
POSTED OCTOBER 22, 2021 1:19 PM |
Multiple Delaware Residents Indicted for Insurance Fraud
Late last month in New Castle County, Delaware, a grand jury indicted multiple residents for insurance fraud. The indictments stem from Department of Insurance Fraud Prevention Bureau investigations, in partnership with the Delaware Department of Justice. They allege that following …
POSTED OCTOBER 22, 2021 1:12 PM |
The Hilb Group Acquires Massachusetts’ Forrest Insurance Agency
The Hilb Group acquired Massachusetts-based Forrest Insurance Agency, increasing its property/casualty offerings and presence throughout New England. The transaction became effective October 1, 2021. Agency principals Larry Forrest and Michael Forrest and their team of insurance professionals will be joining …
POSTED OCTOBER 22, 2021 12:58 PM |
Nashville Clamps Restrictions on Party Buses After Accident
The party bus needs to slow down, Nashville officials decided this week. Nashville’s Metro Council voted 33-3 to approve new regulations for the city’s numerous entertainment vehicles that often loudly cruise down lower Broadway. The Tennessean newspaper reported that the …
POSTED OCTOBER 22, 2021 12:49 PM |
Lawsuits Decry Lead Levels in Mississippi Capital’s Water
Two lawsuits claim that hundreds of children have been exposed to dangerous lead levels through the drinking water in Mississippi’s capital, a city that has been facing water system problems for years. One lawsuit represents one child, while the other …
POSTED OCTOBER 22, 2021 12:36 PM |
FM Global Promotes Johnson and Dempsey in EMEA Roles; Beazley Names Hiscox’s Wilson Head of Open Market, London; Rokstone Taps Pickard as D&F Property U/W
This edition of International People Moves details appointments at three insurers: FM Global, Beazley and Rokstone. A summary of these new hires follows here. FM Global Promotes Johnson and Dempsey in Senior EMEA Roles Commercial property insurer FM Global has …
POSTED OCTOBER 22, 2021 9:34 AM |
Bermuda’s Tax Advantage for Re/Insurers to Be Cut With 15% Global Minimum Tax: Fitch
Bermuda’s advantageous tax status for the re/insurance industry will be reduced at the margin with the expected passage of the recent multilateral agreement to establish a 15% global minimum tax rate, according to Fitch Ratings in a market commentary. The …
POSTED OCTOBER 22, 2021 8:04 AM |
Texas Workers’ Compensation Saw Telemedicine Services Skyrocket During Pandemic
Utilization of telemedicine services in the Texas workers’ compensation rose dramatically during the height of the COVID-19 pandemic, according to a recently published report from the Texas Department of Insurance (TDI). The report, “Evaluation of Telemedicine Services in the Texas …
POSTED OCTOBER 22, 2021 7:59 AM |
Aon and Cybereason Form Alliance to Help Protect Clients From Cyber Attacks
Insurance broker Aon and cyber security specialist Cybereason announced an alliance to help protect clients from sophisticated cyber attacks. Cybereason’s Cyber Defence Platform, together with Aon’s Cyber Solutions, will enable clients to better prevent, detect and respond to cyber threats …
POSTED OCTOBER 22, 2021 7:25 AM |
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