Industry News

Best's Reviews

UK Insurance Regulator Declares War on ‘Sexual Harassment, Bullying’

Jun 19, 2019 Citing what she described as press coverage of “sexual harassment and bullying” in the London insurance market, a senior official of the Bank...

AM Best Affirms Credit Ratings of Assurant, Inc. and Its Core Subsidiaries

Jun 19, 2019 AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long Term ICR) of “a...

Aspen Hires Director of Global Corporate Development

Jun 19, 2019 Aspen Insurance Holdings Ltd. said it has appointed Josh Brekenfeld as director of global corporate development. Brekenfeld will report to Mark Cloutier,...

Geico Names GIA President, Adds GIA Officers

Jun 19, 2019 Geico Insurance Agency has named Melissa Gallaro as president. She will succeed John Zinno, who will be retiring. In addition, Denise O’Malley has been named GIA vice...

Insurance Journal

Aspen Insurance Launches Cyber Risk Management Platform ‘SSIMPLE’

Jun 19, 2019 Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., announced the launch of its cyber risk management platform, SSIMPLE, which was...

State Farm Bets on ‘Real Time’ Telematics as GEICO Scoffs

Jun 19, 2019 The nation’s largest insurer has stepped up its investment in telematics, announcing this week an upgrade to its usage-based insurance program that allows...

Officials: Better Driver Standards Might Have Helped Prevent Deaths in Iowa Bus Fire

Jun 19, 2019 Federal safety investigators say enforcing better school bus driver standards and installing a fire suppression system may have prevented the...

Federal Officials Looking at Flood Issues in Review of Texas Derailment

Jun 19, 2019 Investigators will consider storm-related flooding to help determine what caused an April 24 freight train derailment in North Texas that sent 25...

Claims Journal

CMIC Group and Crime Bureau Announce Appointments

Jun 19, 2019 CMIC Promotes Loss Prevention and Claims Directors CMIC Group, a member-owned medical professional liability insurance carrier has promoted Denise M. Condron, previously the...

‘Burning River’ Loses Sting in Cleveland 50 Years After Fire

Jun 19, 2019 CLEVELAND — Fifty years after the Cuyahoga River’s most famous fire, a plucky new generation of Cleveland artists and entrepreneurs has turned the old jokes...

Rain-hit Cricket World Cup May Cost Insurers Millions

Jun 19, 2019 LONDON — Lost revenues from a record number of rain-hit cricket World Cup games in England and Wales may result in insurance claims of a few million pounds for...

Pilots, Attendants to Get Their Turn at Boeing 737 Max Hearing

Jun 19, 2019 Pilots and flight attendants, who have been critical of Boeing Co.’s handling of the beleaguered 737 Max, will air their concerns Wednesday with lawmakers...