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Malaysia’s Tune Protect Appoints New CEO

Jan 17, 2019 Malaysia’s Tune Protect Group has appointed Ai Lin Khoo as the group chief executive officer effective immediately. She succeeded former CEO Razman Hafidz Abu Zarim. Khoo...

New China Life Chairman Wan Resigns

Jan 17, 2019 New China Life Insurance Co. Ltd. said Feng Wan, chairman and chief executive officer of the company, has retired “due to his age.” Wan “had no disagreement with the board, nor...

Generali Appoints Head of Property Underwriting in Asia

Jan 17, 2019 Generali Global Corporate & Commercial has promoted Duke Ng to head of property underwriting in Asia, based in Hong Kong. Ng replaced Joe Venetico, who...

AM Best Downgrades Credit Ratings of Crusader Insurance Company

Jan 17, 2019 AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to...

Insurance Journal

Rich Joins EPIC Insurance Brokers in Houston

Jan 17, 2019 EPIC Insurance Brokers and Consultants has added Brandon Rich in its property/casualty practice in Houston as a client advocate, reporting to EPIC’s Southwest Region...

AM Best: Credit Ratings of Brotherhood Mutual Insurance Downgraded

Jan 17, 2019 AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” from “...

Brown & Brown Subsidiary Acquires Illinois’ Izzo Insurance Services

Jan 17, 2019 Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Izzo Insurance Services Inc., based in...

3-in-5 Californians Cite Housing Displacement Issues After Severe Weather Events: Poll

Jan 17, 2019 Nearly three-in-five Californians whose community was impacted by a natural disaster report that homeowners or renters in their community have...

Claims Journal

Traffic Crash Site Assessments Safer, Faster and More Accurate Using Drones

Jan 17, 2019 Idling in a long highway line of slowed or stopped traffic on a busy highway can be more than an inconvenience for drivers and highway safety officers. It...

Michigan Senate GOP Says Cutting Car Insurance Rates is a Top Priority

Jan 17, 2019 Senate Republicans on Tuesday signaled their intent to make lowering high auto insurance premiums a top priority in the two-year session, proposing legislation...

Today Marks 25th Anniversary of Deadly Southern California Northridge Quake

Jan 17, 2019 This week marks 25 years since a deadly earthquake struck Southern California’s densely populated San Fernando Valley. The state said at least 57 died...

Investors Ignored PG&E Warning About Disasters

Jan 17, 2019 PG&E Corp. told investors repeatedly that weather-related disasters were a risk, but many didn’t pay enough attention until the company was on the brink of bankruptcy. The...