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News Center


News – Insurance Journal

Insurance Industry Foundation Opens Charity Fund for Hurricane Irma Victims
The Insurance Industry Charitable Foundation (IICF), a nonprofit organization for insurance industry charitable giving, has launched a new disaster relief fund to assist the millions affected by the catastrophic damage of Hurricane Irma. IICF says the need for assistance is …

POSTED SEPTEMBER 21, 2017 1:55 PM
Former New York Insurance Broker Sentenced to Prison for $1.8M Scheme
A former insurance broker in Long Island, N.Y., who pleaded guilty to grand larceny and fraud has been sentenced to serve three to nine years in prison. Suffolk County District Attorney Thomas Spota said Tuesday that 44-year-old Kimberly Graziano, of …

POSTED SEPTEMBER 21, 2017 1:54 PM
Unlicensed Health Insurance Companies Targeting Delaware Seniors
Senior citizens are being warned to be on the lookout for unlicensed health insurance companies in Delaware. The companies have been marketing and selling plans to residents of long-term care and nursing home facilities in Delaware and other states, according …

POSTED SEPTEMBER 21, 2017 1:50 PM
JLT Specialty USA Appoints Cornish as Director Based in New York City
JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), has announced the appointment of Keith Cornish as director based in New York City. The appointment is part of JLT’s continued investment into construction specialty, further supporting …

POSTED SEPTEMBER 21, 2017 1:47 PM
Defamation Suit Over Rolling Stone Article Is Revived on Appeal
A defamation lawsuit suit against Rolling Stone magazine over its retracted 2014 article about an alleged gang rape at the University of Virginia was partially revived by a federal appeals court in New York. The lower-court judge was wrong to …

POSTED SEPTEMBER 21, 2017 1:16 PM
Zurich North America CEO Foley Leaving; Savio Named Successor
Zurich North America CEO Mike Foley plans to leave his position at the end of 2017 after more than a decade with the Swiss insurance giant. His successor has already been chosen. She is Kathleen Savio, who has been president …

POSTED SEPTEMBER 21, 2017 1:00 PM
East Coast Watching Effect of ‘Zombie’ Storm Jose on Maria’s Path
Hurricane Maria continued its thunderous roll northward as forecasters struggled to pin down a trajectory. Whether the storm makes landfall again could be determined by a zombie. That’s what former Hurricane Jose will soon be in the meteorological vernacular, a …

POSTED SEPTEMBER 21, 2017 12:36 PM
In New Approach, Zenefits to Offer Benefits Software to Insurance Brokers
Zenefits, the software startup that has faced a number of regulatory penalties, said on Thursday it is changing its business to provide software to insurance brokers. This marks the latest attempt by Zenefits to regain its footing after it was …

POSTED SEPTEMBER 21, 2017 12:24 PM
PartnerRe Forms Partnership with Fintech Money Transfer Specialist, RemitRadar
PartnerRe has entered into a strategic cooperation agreement with RemitRadar, a London-based money transfer specialist. PartnerRe and RemitRadar said they have formed this agreement “to capitalize on RemitRadar’s money transfer ecosystem, web presence and social media channels, including AI [artificial …

POSTED SEPTEMBER 21, 2017 12:13 PM
Global Reinsurers Face Exposures to Mexico City Earthquake: Morgan Stanley
Global reinsurers will likely face exposures from a massive magnitude 7.1 earthquake that struck Mexico City on Sept. 19, Morgan Stanley said in a new research note. This earthquake led to dozens of deaths and the toppling of a number …

POSTED SEPTEMBER 21, 2017 11:30 AM

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