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XL Catlin Names Thyme as Director of Emerging Markets Development
XL Catlin has appointed Claudia Thyme to the role of director, Emerging Markets Development. In this role, Thyme will contribute to XL Catlin’s emerging market strategies, with a particular focus on Latin America. Thyme has 20 years’ experience in the …

POSTED FEBRUARY 22, 2018 4:32 PM
Law Enforcement Officers 3 Times More Likely to Be Injured Than Other Workers
An estimated 669,100 law enforcement officers were treated in emergency departments across the nation for nonfatal injuries between 2003 and 2014, according to a study by researchers at the National Institute for Occupational Safety and Health (NIOSH). Law enforcement officers …

POSTED FEBRUARY 22, 2018 4:09 PM
UK’s RSA Insurance Posts Above-Forecast Profit of $920.2M in 2017
Even higher payouts for RSA shareholders are likely in 2018, chief executive Stephen Hester said on Thursday after the company posted an above-forecast 2017 operating profit and boosted its dividend by 23 percent. Analysts had been looking for a special …

POSTED FEBRUARY 22, 2018 3:49 PM
Alaska Governor Wants $10M for Seismic Surveying
Gov. Bill Walker’s administration has asked the Alaska Legislature for permission to spend $10 million on seismic surveying in the coastal plain of the Arctic National Wildlife Refuge. The seismic survey funding was included last week in a supplemental spending …

POSTED FEBRUARY 22, 2018 3:45 PM
California Law Preventing Actor Ages from Being Posted Struck Down
A California law that sought to prevent age discrimination in the entertainment industry by blocking a popular Hollywood website from posting the ages of actors was struck down Tuesday as unconstitutional. U.S. District Court Judge Vince Chhabria in San Francisco …

POSTED FEBRUARY 22, 2018 3:43 PM
UK Marine Insurer Steamship Mutual Chooses Netherlands for Post-Brexit HQ
British ship insurer Steamship Mutual plans to set up a new Dutch subsidiary to ensure continued access to trade in the European Union in case Britain loses single market access. “We are about to apply for a license to establish …

POSTED FEBRUARY 22, 2018 3:39 PM
How Insurance Agencies Fared in Q4
Insurance agencies and brokerage firms ended 2017 with gains in organic growth and profitability in the fourth quarter. The 175 midsize and large agencies and brokerages participating in Reagan Consulting’s Organic Growth and Profitability (OGP) Survey reported overall growth. Agency …

POSTED FEBRUARY 22, 2018 2:27 PM
Ryan Specialty Group to Acquire New Jersey’s New Day Underwriting Managers
Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J. New Day will become part of R-T Specialty …

POSTED FEBRUARY 22, 2018 2:15 PM
Bipartisan Momentum Building in Congress for Cryptocurrency Regulations
Jolted by the global investment craze over bitcoin and other cryptocurrencies, U.S. lawmakers are moving to consider new rules that could impose stricter federal oversight on the emerging asset class, several top lawmakers told Reuters. Bipartisan momentum is growing in …

POSTED FEBRUARY 22, 2018 1:52 PM
Demarco Joins Maritime Program Group’s Private Client Division
Connecticut-based marine insurance program manager Maritime Program Group has hired Michael Demarco as senior underwriter in its Private Client Services division. MPG’s Private Client Services division specializes in high-net worth and hard-to-place personal lines placements due to location or loss …

POSTED FEBRUARY 22, 2018 1:26 PM

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