News Center
News – Insurance Journal
BMS Appoints Broadnax to U.S. Property Facultative Team in Atlanta
BMS Group (BMS), the independent specialist (re)insurance broker, has appointed Larry Broadnax as senior vice president, Property Facultative Leader, effective April 15. He will be based in Atlanta and report to Pete Chandler, president & CEO of BMS’s U.S. reinsurance …
POSTED APRIL 08, 2020 7:36 AM |
Ageas UK’s CEO Watson to Step Down, Succeeded by Middle
After 10 years with Ageas UK, Andy Watson has decided to step down from his role as CEO and will be succeeded by Ant Middle, the current chief customer officer, Ageas announced. Watson has decided to step down from his …
POSTED APRIL 08, 2020 7:08 AM |
Australia Insurer IAG Announces CEO Harmer to Retire; Hawkins Named Deputy CEO
Australian insurer IAG announced that Peter Harmer, managing director and chief executive officer, plans to retire by the end of 2020. A flexible nine-month period of transition has been agreed with Harmer to ensure a smooth changeover, said Sydney-based IAG …
POSTED APRIL 08, 2020 6:31 AM |
Van Gogh Theft Focuses Attention on Empty Museums’ Security During COVID-19 Crisis
The break-in lasted just minutes. At 3 a.m. on Monday, a thief — or thieves — forced open the glass doors of the Singer Laren museum in the Netherlands and headed straight for its prize exhibit: a Van Gogh oil …
POSTED APRIL 08, 2020 6:30 AM |
Matt Hylant Named President of Hylant Ann Arbor
Insurance broker Hylant has promoted Matthew M. Hylant to president of its Ann Arbor office. As president, he will be responsible for the day-to-day operations along with setting the vision for strategic growth and initiatives for the Ann Arbor office. …
POSTED APRIL 08, 2020 5:49 AM |
Estate of Walmart Employee Who Died From COVID-19 Sues for Wrongful Death
The family of a Walmart Inc. employee in Illinois who died after contracting COVID-19, the illness caused by the novel coronavirus, has filed a lawsuit accusing the retail giant of failing to adequately screen and protect workers. The lawsuit filed …
POSTED APRIL 08, 2020 4:30 AM |
GEICO, Farmers Join Insurers Giving Discounts to Help Drivers, Businesses
More auto insureds and small businesses are getting a break on their insurance premiums to help them through the coronavirus crisis. Auto insurer GEICO said it will give back approximately $2.5 billion in the form of a 15 percent credit …
POSTED APRIL 08, 2020 1:17 AM |
California Supreme Court Ruling Will Enable Montrose to Tap Excess Policies
A decision this week by the California Supreme Court gave policyholders with long-tail environmental claims a potentially big win, finding that polices within each policy period can be vertically stacked. The decision was handed down on April. 6 in Montrose …
POSTED APRIL 07, 2020 8:38 PM |
Texas Windstorm Insurer Lowers Initial Premium Amount Due; Extends Payment Deadline
Texas’ property insurer of last resort for wind and hail in counties along the state’s coastline is temporarily reducing the amount of premium due in order to issue a policy and providing 75 days to pay the remaining premium. The …
POSTED APRIL 07, 2020 4:49 PM |
Fire Near Florida Airport Burns 3,500 Rental Cars
More than 3,500 rental cars were damaged or destroyed in a fire that burned near a Florida airport before being contained late Friday night. The Fort Myers News-Press reports the cars were in a grassy area used as an overflow …
POSTED APRIL 07, 2020 4:41 PM |
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