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News – Insurance Journal
Markel Hires Slade from Hamilton Capital as President of Its New ILS Fund, Lodgepine
Markel Corp. announced it has hired Brenton “Brent” Slade as president of Lodgepine Capital Management Ltd., its new retrocessional insurance linked securities (ILS) fund based in Bermuda. Slade comes to Lodgepine from Hamilton Capital Partners, where he had been senior …
POSTED SEPTEMBER 19, 2019 6:50 AM |
Arch Insurance (UK) and Marsh Launch ‘Blue Vault,’ Insurance Cover for Digital Assets
Arch Insurance (UK) Ltd., in collaboration with Marsh, the insurance broker and risk adviser, announced the launch of Blue Vault, a new solution to provide insurance protection for the secure storage of digital asset private keys held in traditional vault …
POSTED SEPTEMBER 19, 2019 6:45 AM |
Atlantia CEO Resigns 13 Months After Fatal Genoa Bridge Collapse
Atlantia SpA Chief Executive Officer Giovanni Castellucci resigned as leader of the Benetton family infrastructure unit, 13 months after a fatal bridge collapse in Genoa sparked an investigation into maintenance practices. Castellucci, who spearheaded Atlantia’s transformation into the world’s biggest …
POSTED SEPTEMBER 19, 2019 6:45 AM |
As Brexit Fatigue Grows, the Political Will to Prevent No-Deal Exit Is Evaporating
Brexit from afar is looking like a disaster about to happen. One European official, watching the situation up close, compared it to two cars driving at high speed toward each other with each expecting the other to swerve out of …
POSTED SEPTEMBER 19, 2019 6:29 AM |
How Pharmacies Are Resisting Amazon’s Attempt to Corner Their Business
Getting into the pharmacy business was easy for Amazon.com: It paid $753 million to buy the mail-order startup PillPack. The hard part has been prying patients away from their local drugstore. Since being acquired by the internet giant, PillPack has …
POSTED SEPTEMBER 19, 2019 5:00 AM |
Nationwide’s Digital Storefront Targets Small Business Market
Nationwide said it has formally launched a commercial insurance digital storefront targeted to small businesses. Small business owners will be able to use the site online directly to generate a quote and bind a policy, or do the same thing …
POSTED SEPTEMBER 19, 2019 5:00 AM |
BHSI Taps Executives from AIG and AXA XL as Claims & Product Line Leaders in France
Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its leadership team in France, naming Katell Pouliquen as head of Claims, Louis du Ché as head of Property and Ludovic Ruiller as head of Environmental. With more than 15 years …
POSTED SEPTEMBER 19, 2019 4:47 AM |
Comedian Sacha Baron Cohen Asks Judge to Dismiss Roy Moore Defamation Suit
Comedian Sacha Baron Cohen asked a federal judge to dismiss Roy Moore’s defamation lawsuit over a television segment that lampooned Moore in the wake of sexual misconduct allegations. Lawyers for Baron Cohen, Showtime Networks and CBS wrote last week in …
POSTED SEPTEMBER 19, 2019 4:40 AM |
Hurricane Humberto Knocks Out Power Lines, Plunging Bermuda into Darkness
Hurricane Humberto knocked out power lines in Bermuda on Wednesday night, plunging nearly the whole Atlantic archipelago into darkness, as the storm whipped the British territory with powerful winds and heavy rain. Even as Hurricane Humberto was moving away, Miami-based …
POSTED SEPTEMBER 19, 2019 4:29 AM |
Damaged Barge Removed After Spilling 117K Gallons of Oil in Mississippi Waterway
Crews have removed a damaged barge that spilled oil from Tennessee-Tombigbee Waterway in northeast Mississippi. U.S. Coast Guard Lt. David Schneider tells WTVA-TV that the Jamie Whitten Lock remains closed as cleanup continues and the barge’s cargo is removed. The …
POSTED SEPTEMBER 19, 2019 4:28 AM |
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