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News – Insurance Journal
People Moves: Burns & Wilcox Names Kaufman President; Arturo Adds Tulsian; Robinett Joins NFP
Daniel J. Kaufman will become president of wholesale broker Burns & Wilcox in January. He previously served as chief operating officer for Burns & Wilcox, the largest subsidiary of H.W. Kaufman Group. He is only the third president in the …
POSTED DECEMBER 03, 2021 3:44 PM |
California Judge Weighing in on Legality of Women Board Member Law
When then-California Gov. Jerry Brown signed the nation’s first law requiring women on boards of publicly traded companies, he suggested it might not survive legal challenges. Three years later, a judge will begin hearing evidence this week in Los Angeles …
POSTED DECEMBER 03, 2021 3:28 PM |
Data Hacked for 400K Planned Parenthood Patients in California
The Los Angeles branch of Planned Parenthood was hit by a data breach involving about 400,000 patients, but there is no indication that the information was used “for fraudulent purposes,” the group said. A hacker installed computer malware between Oct. …
POSTED DECEMBER 03, 2021 3:23 PM |
Agency in California Opposes Cruise Robotaxi Application, Citing Safety
San Francisco’s public transit operator has challenged an application by Cruise to charge for robotaxi rides, saying on Wednesday promotional videos from the General Motors Co unit show Cruise passengers illegally hopping in and out of vehicles in the middle …
POSTED DECEMBER 03, 2021 3:20 PM |
Sedgwick Acquires Belgian Engineering Consultancy ABESIM B.V.
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, announced it has acquired ABESIM B.V. in Belgium. Financial details of the transaction were not disclosed. The acquisition of ABESIM will enhance Sedgwick’s existing business in Belgium, EFI …
POSTED DECEMBER 03, 2021 3:13 PM |
Jury Selection Begins in Trial Stemming from Workplace Death in Maine
Jury selection got underway Wednesday for the trial of a roofing contractor charged in the death of a worker who fell from a roof because of alleged unsafe working conditions. The trial of Michael Purvis was initially scheduled for March …
POSTED DECEMBER 03, 2021 2:47 PM |
Greensill’s Business Model Risks ‘High Level of Harm’; New Rules Needed: UK Watchdog
The business model used by collapsed supply chain financing firm Greensill Capital is causing a “high level of harm” and tighter rules are needed, Britain’s Financial Conduct Authority said on Friday. The watchdog set out proposals for public consultation to …
POSTED DECEMBER 03, 2021 2:40 PM |
The Hilb Group Acquires New Hampshire’s Clark & Lavey Benefits Solutions
The Hilb Group acquired Clark & Lavey Benefits Solutions Inc., increasing its New England presence and bolstering its range of employee benefits offerings nationwide. The transaction became effective November 1, 2021. Based in Merrimack, New Hampshire, Clark & Lavey Benefits …
POSTED DECEMBER 03, 2021 2:39 PM |
MCI Lloyd’s Syndicate 1902 Offers ‘Ground-Breaking’ Infectious Disease Liability Cover
Specialist liability underwriter Medical & Commercial International (MCI) announced the launch of a ground-breaking communicable disease liability (CDL) cover. Based on extensive epidemiological research by leading scientists and liability practitioners, MCI said it will be the world’s first and only …
POSTED DECEMBER 03, 2021 2:02 PM |
USDA Revises Rules on Crop Insurance for Hemp Producers
The U.S. Department of Agriculture is changing some rules around crop insurance for hemp, including making the insurability requirements more flexible. USDA’s Risk Management Agency (RMA) has also added a new requirement for producers who grow direct-seeded hemp and is …
POSTED DECEMBER 03, 2021 2:01 PM |
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