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News – Insurance Journal
World Insurance Associates Acquires New Jersey’s Szerlip & Company
World Insurance Associates LLC (WIA) acquired Szerlip & Company of Millburn, New Jersey, on January 1, 2021. Terms of the transaction were not disclosed. Szerlip & Co. is a third generation insurance agency founded by Herbert Szerlip in 1934. His …
POSTED FEBRUARY 25, 2021 2:24 PM |
Glatfelter Insurance Appoints Murray as President of Claims Management Business
Glatfelter Insurance Group (GIG), an American International Group Inc. (AIG) company, has appointed Conor Murray as president of Glatfelter Claims Management (GCM), effective February 8, 2021. He will report directly to James Partridge, chief operating officer of Glatfelter Insurance Group. …
POSTED FEBRUARY 25, 2021 2:21 PM |
Crawford & Company Appoints Pageau as VP, Managing Director in New England Region
Crawford & Company, a publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporations, has appointed Robert Pageau as vice president and managing director of U.S. Loss Adjusting for the New England region. In this …
POSTED FEBRUARY 25, 2021 2:17 PM |
Zurich North America Names Aviva’s Kundi as Canada Chief Risk Officer
Sonia Kundi has joined the Zurich North America Group Risk Management team as Canada chief risk officer, effective immediately. She reports to North America Chief Risk Officer Colleen Zitt and will be a member of her leadership team. She will …
POSTED FEBRUARY 25, 2021 2:14 PM |
Appeal Over Dictionary Use Denied in University of Virginia Lacrosse Slaying
A federal judge has rejected an appeal from a former University of Virginia lacrosse player that his 2012 murder conviction should be tossed out because of a claim the jury improperly consulted a dictionary. George Huguely V is serving a …
POSTED FEBRUARY 25, 2021 2:07 PM |
Kenya Seeks More Crop Insurance to Cover Small Farms from Climate Change Risks
Kenya’s agriculture ministry has opened bids for crop insurance providers to cover more smallholder farmers from the risks and shocks of climate change, under a government program, according to a statement in state-owned MyGov newspaper. Companies have until March 16 …
POSTED FEBRUARY 25, 2021 1:16 PM |
Britain Reviews Rulebooks to Keep Financial Services Sector Competitive After Brexit
Britain is conducting a review of its financial rulebooks and policies to see how it can keep its 130 billion pound ($184 billion) finance sector competitive after Brexit left it largely cut off from the European Union. The government is …
POSTED FEBRUARY 25, 2021 1:05 PM |
Texas Lawmakers Told Insurers Want ‘Seat at Table’ As Power Blackout Probe Begins
Texas state legislators on Thursday begin digging into the causes of deadly power blackouts that left millions shivering in the dark as frigid temperatures caught its grid operator and utilities ill-prepared for skyrocketing power demand. Hearings are expected to highlight …
POSTED FEBRUARY 25, 2021 12:41 PM |
AXA Reports 18% Drop in Net Income During 2020 with COVID Claims of $1.8 Billion
AXA reported net income of €3.16 billion (US$3.8 billion) during 2020, an 18% drop from €3.86 billion (US$4.7 billion) in full-year 2019. The combined ratio for AXA’s P/C business increased 3.2 points to 99.5%, largely reflecting the impact from COVID-19 …
POSTED FEBRUARY 25, 2021 12:37 PM |
UK Prime Minister Warns Climate Change Is Threat to World Security
British Prime Minister Boris Johnson warned world leaders Tuesday that climate change is a threat to security of all nations and sharply criticized people across the globe who say this is “green stuff from a bunch of tree-hugging, tofu-munchers and …
POSTED FEBRUARY 25, 2021 10:37 AM |
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