Industry News
U.S. Insurance Recruiter Jacobson, London’s ejsSearch Complete Merger
Chicago-based Jacobson Group, which provides recruits to the insurance industry, and ejsSearch – the London-based insurance executive search firm specializing in assignments in London and broader ...
AIG Sues Convicted U. of Virginia Killer Huguely Over Insurance Probe
George W. Huguely V, the ex-University of Virginia lacrosse player convicted of murdering his sometime girlfriend in May 2010, was sued by American International Group Inc. over his refusal to ...
5 New Cat Bonds in Q1 Total $1.6B: Willis
The first quarter of 2013 saw $1.6 billion of new issuance in non-life capacity marketed through five catastrophe bond transactions, including three transactions marketed in the first quarter and ...
Fed Officials Dampen Talk of Imminent Cut in Bond Buying
Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening speculation ...
California Earthquake Authority’s First CIO Reflects C-Suite Trend
Technology veteran Todd Coombes' approach to his new job as the first chief information officer for the California Earthquake Authority is to keep an enterprising yet cautious eye on the risks and ...
Oklahoma Tornado Damage Likely to Exceed Joplin
The damage from Monday's tornado in a suburb of Oklahoma City is likely to exceed that caused by the 2011 twister in Joplin, Missouri, that killed 161 people, Oklahoma Insurance Commissioner John ...
Property Values For Moore, Okla. EF-5 Tornado in $2-$6B Range: AIR
Yesterday, AIR Worldwide put estimates of the replacement value of properties ruined by Monday's massive EF-5 tornado striking Moore, Okla. at more than $2 billion. According to a statement released ...
Wage and Hour Claims Among Top Threats to U.S. Employers
Federal wage and hour lawsuits have reached a surprise record high, according to a report by law firm Seyfarth Shaw LLP. Cases filed under the Fair Labor Standards Act (FLSA) in have continued to ...