Insurance
Dept. of Transportation Declares Texas Motor Carriers to be Imminent Hazard to Public Safety
The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) has declared Texas Interstate Express and PAC Express LLC related motor carriers located in the Houston area, to be an “imminent hazard” to public safety and ordered the motor …
Read More Zurich Insurance Plc Plans to Redomicile From Ireland to Germany in Response to Brexit
Zurich Insurance Plc, the Dublin-based wholly owned subsidiary of Zurich Insurance Group, plans to relocate to Germany as a result of the UK’s exit from the European Union. As the Irish unit includes the insurer’s UK P&C business, Brexit required …
Read More First U.S. Coral Insurance Marks the Rise of the Reef Brigades
Conservation group The Nature Conservancy’s vision for the future of coral protection involves speed boats, and a global army of snorkellers and divers deployed when tropical storms and hurricanes damage reefs. On Monday, the global ‘Reef Brigades’ plan came closer …
Read More FHA Opens Special Flood Areas to Private Insurers
The Federal Housing Administration (FHA) has announced regulations to allow mortgagors the option to purchase private flood insurance on FHA-insured mortgages for properties located in Special Flood Hazard Areas. Beginning Dec. 21, the FHA will allow mortgagors to purchase private …
Read More California Department of Insurance Investigation Leads to Arraignment Bail Agents
Unlicensed bail agent Jimmy Mai, 35, of Irvine, and licensed bail agent Jonathan Lahmani, 42, of Orange, California, were each arraigned in Los Angeles Superior Court on one felony count of negotiating bail without a license. The arraignments follow an …
Read More New York Licenses First Cannabis Shops, Reminds Insurers to Not Use Expunged Crimes
New York has approved its first 36 marijuana retail dispensary licenses, awarding them to 28 applicants with prior cannabis convictions and eight nonprofits that serve those formerly incarcerated. New York officials wanted the state’s first legal adult-use retail dispensaries to …
Read More Two Dead After Small Plane Crashes in North Carolina
A small plane crashed in Winston-Salem on Saturday, killing two people, authorities said. Winston-Salem Police Department spokeswoman Kira Boyd told the Winston-Salem Journal that two people died in the crash of the small plane in a residential area on Saturday …
Read More Safer Snow Storms: NC DOT Adds Simulator Training for Snow Plow Operators
The North Carolina Department of Transportation’s winter weather prep is going digital this year with a snow plow simulator designed to give employees more training time without getting behind the wheel of an actual vehicle. The new simulator equipment has …
Read More Cyber Risk Modeler DeNexus Opens UK Office
DeNexus Inc., the Sausalito, Calif.-based provider of cyber risk modeling, has opened an office in London as part of its strategy to build out its cyber expertise in Europe. The London office is headed up by seasoned professional Mitesh Chauhan. …
Read More People Moves: Amwins Global Risks Promotes Cody to MD; Markel Bermuda Names Cardoso Head of Office; BMS Re Taps QBE Re’s Larson for Casualty Broking
This edition of International People Moves details appointments at Amwins Global Risks, Markel Bermuda and BMS Re. A summary of these new hires follows here. Amwins Global Risks Promotes Cody to Managing Director Amwins Global Risks, the international arm of …
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