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Chubb Appoints Keen as Division President, Chubb Global Markets
Chubb announced the appointment of Jason Keen as division president, Chubb Global Markets. In this role, Keen will have responsibility for the leadership, strategy and performance of Chubb Global Markets, which comprises Chubb’s London market wholesale and specialty business including …

POSTED NOVEMBER 14, 2019 10:32 AM
Insurance Premiums to Grow 3% Despite Economic Slowdown: Swiss Re
Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic slowdown, Swiss Re said in its latest sigma report. Rising lost costs will fuel the moderate but steady increase, the …

POSTED NOVEMBER 14, 2019 10:07 AM
Australia Wildfires Continue to Rage, Destroying Homes, Forcing Evacuations
Scores of wildfires continued to rage across vast tracts of Australia’s drought-stricken east coast on Wednesday, forcing hundreds of residents to evacuate their homes, some for the second time in a week. The most intense fires were concentrated in the …

POSTED NOVEMBER 14, 2019 9:49 AM
Venice Floods, Australia Wildfires Blamed on Climate Change
Extreme floods in Venice, fires in Australia and even an outbreak of plague in China have been attributed to climate change this week, while researchers have warned that global warming could saddle future generations with life-long illness. Venice declared a …

POSTED NOVEMBER 14, 2019 9:28 AM
Texas Oilfield Services Firms to Pay $1.2M to Settle Federal Race Discrimination Suit
Two Houston-based oil field services companies have agreed to pay a total of $1,225,000 to settle a race discrimination and retaliation lawsuit filed by federal officials. According to the U.S. Equal Employment Opportunity Commission, Nabors Corporate Services Inc. and C&J …

POSTED NOVEMBER 14, 2019 7:48 AM
Wisconsin Insurance Agent Loses License, Must Pay Nearly $800K in Penalties, Restitution
An insurance agent in Wisconsin has had his license revoked and ordered to pay nearly $800,000 in penalties and restitution after being found in violation of insurance laws in the state. The former insurance agent, Barry Rumpel, may no longer …

POSTED NOVEMBER 14, 2019 7:11 AM
With Focus on Employee Wellbeing, Iowa’s Holmes Murphy Launches ethOs
Waukee, Iowa-based employee-owned and controlled insurance broker, Holmes Murphy, has launched a new company focused on employee wellbeing — ethOs. Led by Ali Payne, EthOs will focus on improving workplace culture, engagement with multi-generational staff, and addressing all aspects of …

POSTED NOVEMBER 14, 2019 7:00 AM
Wirth Elected President of Illinois Independent Agents Group
Independent Insurance Agents of Illinois (IIA of IL) has elected Bill Wirth, of Wirth Agency in Waterloo, as president of the group for a term that runs until Sept. 30, 2020. As president, Wirth will serve as a member of …

POSTED NOVEMBER 14, 2019 6:53 AM
Gwartney Appointed VP, Employee Benefits at Oklahoma’s Universal Insurance
Dason Gwartney has been named vice president and employee benefits practice leader at Universal Insurance Agency in Durant, Oklahoma, a unit of First United Bank. Gwartney joins First United/Universal with more than 25 years working with employee benefits and insurance …

POSTED NOVEMBER 14, 2019 6:48 AM
FAA Chief Vows Improved Safety Reviews of New Aircrafts and Pilot Technology
Aviation regulators around the world need to do a better job of assessing hazards in aircraft designs and understanding how pilots might be tripped up by complex technology in the wake of the two fatal crashes on Boeing Co.’s 737 …

POSTED NOVEMBER 14, 2019 6:00 AM

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