American International Group (AIG) on Friday said its head of commercial insurance in North America is retiring at the end of the year to focus on his health. The insurer said three AIG employees have been promoted to lead the …
Category: Insurance Journal
People Moves: Pinnacol in Colorado Names Lockhart Senior Medical Director
Pinnacol Assurance named Gabriel Lockhart its senior medical director. Dr. Lockhart joins Pinnacol after a career that includes serving as medical director of the ICU and quality improvement chairman at Saint Joseph Hospital. He is a board-certified pulmonary and critical …
Cockpit Recorders Being Analyzed After 2 Delta Jets Collide on LaGuardia Taxiway
Two Delta Air Lines regional jets collided at the intersection of two taxiways at LaGuardia Airport in New York, injuring a flight attendant, damaging a cockpit and tearing off part of a wing, the National Transportation Safety Board said Thursday. …
California Department of Insurance Taking Actions Against Tesla Over Claims Handling
The California Department of Insurance launched enforcement actions against Tesla Insurance Services Inc. and Tesla Insurance Company companies for allegedly failing to adequately handle hundreds of California automobile policy claims. The actions are also aimed at State National Insurance Company. …
Mutual Growth Strategy: Northern Neck Insurance to Acquire Frederick Mutual
Northern Neck Insurance Co. and Frederick Mutual Insurance Co. announced they intend to affiliate, pending regulatory approval, in a move to grow across the Mid-Atlantic region. The partnership will unite Northern Neck’s personal lines focus with Frederick Mutual’s commercial lines …
Typhoon Bualoi Kills 12 in Vietnam as Philippine Toll Hits 27
Typhoon Bualoi killed at least 12 people in northern central Vietnam, where heavy rains are expected to continue amid power cuts and flight disruptions. The storm made landfall in Vietnam early Monday after it earlier slammed the Philippines, where 27 …
People Moves: Palomba Joins Howden US as Deputy Head of Natural Resources
Howden US appointed Christine Palomba as deputy head, natural resources, Howden US, headquartered in Columbia, South Carolina. Palomba has 29 years of industry experience, most recently at Aon, where her previous role was managing director, U.S. power and renewables practice …
People Moves: Specialty MGA Taps BMS’s Conway as Senior MedMal Underwriter; HDI UK & Ireland Names Potter From AXA XL as Director of Liability
This edition of International People Moves details appointments at Specialty MGA and HDI UK & Ireland. A summary of these new hires follows here. Specialty MGA Taps BMS’s Conway as Senior MedMal Underwriter Specialty MGA, the London-headquartered managing general agent …
Flood-Focused Neptune’s IPO Joins Boom in Niche Insurer Debuts
Neptune Insurance Holdings Inc. is hoping its record of growth and profitability selling flood insurance policies will generate the same investor enthusiasm for its US IPO that greeted most debuts by other firms in the sector this year. Like many …
Transportation Department Tightens Noncitizen Truck Driver Rules After Florida Crash
The U.S. Transportation Department tightened commercial driver’s license requirements for noncitizens Friday after three fatal crashes this year that officials say were caused by immigrant truck drivers. The new rules make getting commercial driver’s licenses extremely hard for immigrants because …