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News Center
News – Insurance Journal
Man Admits He Embezzled $700K from Maine Boatyard
A Massachusetts man who worked as a financial manager for a Maine boatyard has admitted to embezzling over $700,000 from the company. The Portland Press Herald reports 50-year-old Steven Nygren, of Salem, Mass., pleaded guilty to bank fraud, credit card fraud …
POSTED JUNE 23, 2017 1:23 PM |
Massachusetts House Approves Bill to Redo Recreational Marijuana Law
A bill that would repeal and replace the recreational marijuana law approved by Massachusetts voters in November cleared the House late Wednesday. Critics who lashed out at the proposal accused lawmakers of ignoring the will of the electorate and taking …
POSTED JUNE 23, 2017 1:17 PM |
JLT Re Appoints Chubb’s Williams as Partner in Bermuda Operation
JLT Re, the global provider of reinsurance broking and consultancy, has appointed Deanna Williams as a partner in JLT Re’s Bermuda operation. She will report to Charles Withers-Clarke, partner, JLT Re in Bermuda, who said that Williams will focus on …
POSTED JUNE 23, 2017 1:12 PM |
Beecher Carlson Expands Energy Practice in the Northeast
Beecher Carlson Insurance Services LLC (Beecher Carlson), a specialized large account insurance broker, has expanded the northeast operations of its energy practice. Sara Kane has been appointed senior vice president. She will be responsible for developing and managing energy risk …
POSTED JUNE 23, 2017 1:09 PM |
XL Catlin Promotes E&S Property Insurance Regional Leader in Boston
XL Catlin’s excess and surplus (E&S) insurance team has promoted Caitlin Murphy from senior underwriter to the role of eastern regional vice president of E&S Property. In her new role, Murphy will direct regional underwriting operations and product and business …
POSTED JUNE 23, 2017 1:02 PM |
Randall & Quilter to Sell Lloyd’s Agency to Medical Liability Insurer Coverys
Randall & Quilter Investment Holdings Ltd. announced it has reached agreement to sell the entire share capital of its Lloyd’s managing agency, R&Q Managing Agency Ltd. (RQMA), to Coverys, a provider of medical professional liability insurance based in Boston, Mass. …
POSTED JUNE 23, 2017 12:48 PM |
Weed Warning: Legalizing Marijuana Tied to Rise in Crashes in 3 States by HLDI
Legalizing recreational marijuana use in Colorado, Oregon and Washington has resulted in collision claim frequencies that are about three percent higher overall than would have been expected without legalization, a new insurance report has found. The Highway Loss Data Institute …
POSTED JUNE 23, 2017 12:38 PM |
Brexit Critics Now Emboldened to Block Prime Minister’s Plans for ‘Hard Brexit’
When she called a snap election in April, Theresa May said she needed voters’ backing to silence rivals in Parliament who were trying to frustrate her plans for Brexit. Instead, the British prime minister’s electoral humiliation seven weeks later weakened …
POSTED JUNE 23, 2017 12:10 PM |
After Drenching Gulf Coast, Tropical Storm Cindy Heads North, East
The remnants of Tropical Storm Cindy brought tornadoes and flooding to the U.S. Gulf Coast on Thursday and its heavy rains will drench much of the eastern United States in coming days, forecasters said. Flooding and road closures stretched from …
POSTED JUNE 23, 2017 11:10 AM |
Reinsurance Rates Continue to Soften with No End in Sight: S&P
The global reinsurance sector is poised for yet another full year of declining rates, ensuring that a hoped-for bottom of the current market cycle will remain elusive in 2017, Standard & Poor’s said in a new report. The continued downward …
POSTED JUNE 23, 2017 11:08 AM |
Yahoo News - Latest News & Headlines
Trump admits he has no tapes of Comey meetings
 After threatening to release tapes of conversations with former FBI Director James Comey, President Trump said Thursday he does not have such recordings.
POSTED JUNE 22, 2017 1:35 PM
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Pelosi On Criticism from Dems: 'I Think I'm Worth the Trouble'
 Pushing back on criticism from fellow party members after the Democratic loss in a Georgia special election this week, Nancy Pelosi said Thursday that she’s “worth the trouble” as Democrats’ leader in the House.
POSTED JUNE 22, 2017 11:50 AM
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Alexandria shooter carried list of 6 members of Congress, FBI confirms
 On James T. Hodgkinson, investigators found a piece of paper with the names of six members of Congress. The FBI did not disclose the names of those lawmakers.
POSTED JUNE 21, 2017 11:34 AM
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Thousands Attend Funeral for Muslim Teen Who Was Murdered in Virginia
 As many as 5,000 people attended the funeral to remember Nabra Hassanen, a 17-year-old girl who was beaten to death early Sunday as she walked home after an all-night prayer session at a mosque.
POSTED JUNE 21, 2017 11:40 AM
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Milwaukee mayor urges peaceful protest after ex-cop cleared
 MILWAUKEE (AP) — A Milwaukee jury on Wednesday acquitted a former police officer in the on-duty shooting of a black man last year that ignited riots on the city's north side.
POSTED JUNE 21, 2017 10:06 PM
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Tim Kaine: U.S. strikes on Syrian forces ‘completely illegal’
 Sen. Tim Kaine sharply condemned U.S. strikes on Syrian regime forces as “completely illegal.” He says President Trump needs a new AUMF.
POSTED JUNE 21, 2017 5:19 PM
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Sean Spicer defends lack of press briefings by accusing 'snarky' reporters of wanting to be 'YouTube stars'
 Donald Trump’s press secretary Sean Spicer has pushed back against accusations that the White House is displaying a “lack of transparency” by holding fewer on-camera briefings, saying that reporters who ask “snarky questions” just “want to become YouTube stars”. Over the duration of Mr Trump’s first six months as president, Mr Spicer has more routinely favoured off-camera press gaggles, which tend to shorter and more informal, over traditional televised briefings.
POSTED JUNE 21, 2017 4:03 PM
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How Could the Fitzgerald Collision Happen?
 This isn't like a car crash—it's a whole different game at sea.
POSTED JUNE 22, 2017 12:48 PM
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FCC Regulators Are Now Imposing Record Fines for Robocalls
 A Miami man is facing a record $120 million fine for what the FCC calls a massive spoofing operation. He allegedly made 96 million robocalls over a three month period.
POSTED JUNE 22, 2017 11:47 AM
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Democratic congressman: Our ‘toxic’ brand under Pelosi makes it hard to win
 Rep. Tim Ryan says the party’s “toxic” brand under House Minority Leader Nancy Pelosi is making it difficult for Dems to connect with voters.
POSTED JUNE 22, 2017 10:00 AM
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