Day: August 20, 2018

Damage Reported in Mississippi City Hit by EF1 Tornado

The National Weather Service confirms a hurricane strike a executive Mississippi city of Madison. The agency, in a Twitter post Saturday, pronounced a consult group reliable Friday’s repairs was a outcome of an EF1 tornado. Several trees were snapped along a path, and mixed structures were shop-worn as a...

XL Catlin appoints boss of Global Risk Management, North America

XL Catlin appoints boss of Global Risk Management, North America Chris Kopser will be formed in New York XL Catlin has allocated Chris Kopser to lead a Global Risk Management Insurance North America division. Based in New York, Kopser will assume his purpose on October 8, 2018 and news...

Welcome, Ira Marcovitch and Emma Costain!

The Family Law Practice Group during Nelligan O’Brien Payne LLP is gratified to announce dual new members of a team, associate lawyers Ira Marcovitch and Emma Costain. Ira has been practising family law exclusively for a series of years, and has acted as warn or co-counsel during conferences, motions,...

As Cyber Insurance Market Grows, Accumulation Risk Is Key Concern: Geneva Assn.

Although cyber risk premiums have stretched sizably in new years with detriment ratios that review agreeably to other product lines, a risk of accumulation risks is a pivotal regard for a market, according to a investigate expelled by word attention consider tank The Geneva Association. The study, patrician “Advancing...

China Imports with Iranian Oil Tankers and Insurance, Amid Sanctions: Sources

Chinese buyers of Iranian oil are starting to change their cargoes to vessels owned by National Iranian Tanker Co. (NITC) for scarcely all of their imports to keep supply issuing amid a re-imposition of mercantile sanctions by a United States. The change demonstrates that China, Iran’s biggest oil customer,...

Swiss Re’s DePiero Joins Sompo Pro’s U.S. Cyber Practice

Richard DePiero has assimilated Sompo Pro, a U.S. veteran guilt insurer section of Sompo International, as comparison clamp president, U.S. Cyber Product leader. DePiero will be obliged for Sompo Pro’s U.S. cyber and network confidence offerings. He brings some-more than a decade of cyber underwriting and broking knowledge to...

A.M. Best Upgrades Ratings for Palisades Group, High Point Homeowners Group

Plymouth Rock Assurance has announced that A.M. Best Rating Services Inc. upgraded a financial strength ratings of a Palisades Group and High Point Homeowners Group to A- (Excellent). In addition, their long-term issuer credit ratings have been upgraded to a-. The ratings, that were released along with a revised...

Socius Insurance Services Hires Ascolese in New York City

Socius Insurance Services Inc., a government guilt and property/casualty word wholesaler, has hired Jerry Ascolese to join a misadventure use as clamp president. Ascolese will be formed in New York City – a new segment for Socius. Ascolese brings 25 years of knowledge to Socius, and for a final...

Massachusetts Dessert Company Awarded $720K in Fight Over Ice Cream

A Massachusetts dessert association that indicted a ice cream retailer of destroying a business by personally altering a recipe has been awarded $720,000. The jury outcome came Friday in a authorised conflict between 600 lb Gorillas Inc. and New Jersey-based Mister Cookie Face LLC. The jury also awarded Mister...