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AXA XL Names Greensmith CEO of Catlin Underwriting Agencies, XL Catlin Insurance Co. UK, Succeeding Jardine
AXA XL announced that Paul Greensmith has been appointed CEO of legal entities: Catlin Underwriting Agencies Ltd. and XL Catlin Insurance Co. UK Ltd., subject to regulatory approvals. He replaces Paul Jardine, who, as previously announced, will be leaving XL …

POSTED SEPTEMBER 24, 2018 12:39 PM
Holdout Bondholders Agree to Support Puerto Rico Restructuring Deal
Two major holders of Puerto Rico bonds that opposed a restructuring deal for the bankrupt U.S. commonwealth’s Sales Tax Financing Corporation (COFINA) revenue bonds are now part of the agreement, the island’s federally appointed oversight board announced on Friday. The …

POSTED SEPTEMBER 24, 2018 12:31 PM
Actress Judd’s Harassment Suit Against Weinstein Faces ‘Professional’ Relationship Law
Ashley Judd’s lawsuit accusing Harvey Weinstein of sabotaging her career after she spurned his sexual advances can move ahead, but a judge balked at her sexual harassment claim because the actress and the producer didn’t have a “professional” relationship. Weinstein …

POSTED SEPTEMBER 24, 2018 12:24 PM
Geopolitical Tensions Cause Rise in Political Risk Losses: Willis Towers Watson Report
Increasing geopolitical concerns are causing a rise in political risk exposures with 55 percent of global organizations with revenues greater than $1 billion experiencing at least one political risk loss exceeding a value of $100 million, according to a survey …

POSTED SEPTEMBER 24, 2018 12:09 PM
Alcohol Abuse Caused 3 Million Deaths in 2016 – and Most Were Men: WHO
More than 3 million people died in 2016 due to drinking too much alcohol, meaning one in 20 deaths worldwide was linked to harmful drinking, the World Health Organization (WHO) said on Friday [Sept. 21]. More than three-quarters of these …

POSTED SEPTEMBER 24, 2018 10:51 AM
Death of New Jersey Ship Worker Killed by Falling Planks Was Accident
New Jersey state police say the death of a ship worker killed when two steel planks fell on him has been ruled an accident. Basim Gilliard was hit around 9:15 a.m. Sunday while he was unloading cargo from the hold …

POSTED SEPTEMBER 24, 2018 10:32 AM
Annual Global Festival for Diversity & Inclusion, Dive In, Begins This Week
The fourth annual global festival for diversity and inclusion (D&I), Dive In, begins this week in a record number of 27 countries across the globe. Dive In began in 2015 in London, growing to 10 countries in 2016, 17 in …

POSTED SEPTEMBER 24, 2018 10:30 AM
SageSure Insurance Managers Hires dos Santos in Connecticut
SageSure Insurance Managers, an independent residential property managing general underwriter and subsidiary of Insight Catastrophe Group (ICG), has appointed Victor dos Santos as president of Commercial Insurance. Dos Santos and his team will work from SageSure’s Cheshire, Conn., office. SageSure …

POSTED SEPTEMBER 24, 2018 10:19 AM
Ex-Bookkeeper for New York Tourism Agency Admits to $220K Theft
The former longtime bookkeeper for an upstate New York tourism agency has pleaded guilty to stealing more than $200,000 from the organization. Kathryn Price pleaded guilty to grand larceny and criminal tax fraud Wednesday in a Saratoga County court. The …

POSTED SEPTEMBER 24, 2018 10:08 AM
Swiss Re Taps Berger From Allianz as CEO Corporate Solutions, Replacing Galvagni
Swiss Re announced that Andreas Berger, currently chief regions & markets officer and member of the board of management of Allianz Global Corporate & Specialty SE, has been appointed CEO Corporate Solutions and member of the group executive committee with …


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