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Category: Insurance Journal

People Moves: Smith Named President of BoMont Group in Alabama
Insurance Journal | October 10, 2022
People Moves: Smith Named President of BoMont Group in Alabama
BoMont Group, an insurance brokerage and consulting firm based in Birmingham, Alabama, has named a former Floridian as president of the company. Griffin Smith, who earned his bachelor’s degree from Chipola College in Marianna, Florida, and started his insurance career …
Lockton Launches Entertainment & Sports Practice for Caribbean, Central America
Insurance Journal | October 10, 2022
Lockton Launches Entertainment & Sports Practice for Caribbean, Central America
Lockton Caribbean & Central America (CCA) announced the launch of the insurance broking industry’s first Entertainment & Sports practice focusing exclusively on the region. The new practice within Lockton CCA – the Miami-based wholesale insurance and reinsurance operation focused on …
Fan Sues Patriots Over Alleged Damage to Brady-Autographed Flag
Insurance Journal | October 10, 2022
Fan Sues Patriots Over Alleged Damage to Brady-Autographed Flag
The New England Patriots caused irreparable damage to a U.S. flag signed by Tom Brady by improperly displaying it in the team’s hall of fame at Gillette Stadium, the flag’s owner contends in a federal lawsuit. After it had been …
Second Singtel Unit Hit by Cyber Attack, Weeks After Massive Optus Data Breach
Insurance Journal | October 10, 2022
Second Singtel Unit Hit by Cyber Attack, Weeks After Massive Optus Data Breach
Singapore Telecommunications Ltd. said on Monday its unit Dialog faced a cyber attack that potentially affected 1,000 current and former employees and fewer than 20 clients, weeks after a massive data breach at another Australian unit – Optus. The breach …
People Moves: IQUW Taps Carpenter’s Fisher as President; Consilium Snags 6 for Financial Lines From Ed Broking; Aon Commercial Risk Solutions Promotes 2 in EMEA
Insurance Journal | October 10, 2022
People Moves: IQUW Taps Carpenter’s Fisher as President; Consilium Snags 6 for Financial Lines From Ed Broking; Aon Commercial Risk Solutions Promotes 2 in EMEA
This edition of International People Moves details appointments at Consilium, IQUW and Aon Commercial Risk Solutions in EMEA. A summary of these new hires and promotions follows here. IQUW Taps Former Carpenter Exec Fisher as President Property and Specialty re/insurer …
Many Companies Lack Targets for Employee Mental Health: Study
Insurance Journal | October 10, 2022
Many Companies Lack Targets for Employee Mental Health: Study
Only three companies out of 20 have published objectives for employee mental health management, a study from British charity investment manager CCLA revealed on Monday, despite “clear evidence” that such targets can save money. CCLA’s new investor benchmark, which assessed …
Air France and Airbus Face Manslaughter Trial in French Court Over Rio-Paris Crash
Insurance Journal | October 10, 2022
Air France and Airbus Face Manslaughter Trial in French Court Over Rio-Paris Crash
PARIS (AP) – Nicolas Touillou had just proposed marriage to his girlfriend. Nelson Marinho Jr. was heading off on a new oil exploration job. Eric Lamy was about to celebrate his 38th birthday. They were among 228 people killed in …
Mom Whose Son’s Death Led to Missouri Jail Reforms Wins $1.2 Million Settlement
Insurance Journal | October 10, 2022
Mom Whose Son’s Death Led to Missouri Jail Reforms Wins $1.2 Million Settlement
A mother whose son died less than an hour after he was transported from a Missouri jail to a state prison has won a $1.2 million settlement in a case that helped lead to suspensions, firings and reforms. The St. …
Ian Death Toll in US Hits 100 Across Three States
Insurance Journal | October 10, 2022
Ian Death Toll in US Hits 100 Across Three States
The death toll from Ian reached 100 on Friday, making it the third most deadly hurricane to hit the mainland in a decade. The number of confirmed deaths across three states continues to climb nine days after Ian roared ashore …
RMS Range of Insured Losses from Ian $53-$74B, ‘Best Estimate’ of $67B
Insurance Journal | October 10, 2022
RMS Range of Insured Losses from Ian $53-$74B, ‘Best Estimate’ of $67B
Catastrophe modeler RMS chimed in on Hurricane Ian with an estimate of private-market insured losses from the storm of $67 billion. The Moody’s Analytics company said the amount was a “best estimate,” and also supplied a range of between $53 …