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News – Insurance Journal

HDI Group Takes Stake in German Cyber-Security Start-Up Enginsight
The HDI Group, the Hannover, Germany-based subsidiary of Talanx Group, has taken a stake in the cyber-security start-up Enginsight in Jena, Germany. Financial details of the transaction were not disclosed. Enginsight offers companies fully automated protection against attacks on their …

POSTED FEBRUARY 27, 2020 12:30 PM
UK Financial Services Sector Could Take Back Seat to Fishing in EU Trade Talks
Britain will likely secure only temporary access to the European Union financial market under a broader trade deal in which finance may take a back seat to sectors such as fishing, financial industry officials said on Wednesday. Britain and the …

POSTED FEBRUARY 27, 2020 11:46 AM
QBE Promotes Postlewhite to Managing Director of QBE Re
QBE has appointed Stephen Postlewhite as managing director, QBE Re. He will start the new role from April 1, taking over from Jonathan Parry, who will retire in 2021. With more than 20 years’ experience in the industry, Postlewhite joined …

POSTED FEBRUARY 27, 2020 11:32 AM
New York’s Greene & Associates Hires Fischer to Production Team
Greene & Associates, an East Aurora, N.Y.-based underwriting manager and wholesaler broker, recently announced the addition of Seth Fischer to its production team. Fischer brings 25 years of specialty underwriting, marketing, product development, portfolio management and leadership experience to Greene. …

POSTED FEBRUARY 27, 2020 11:00 AM
New York DFS Announces Settlement with Global Provider of Mobile Insurance
The New York State Department of Financial Services (DFS) has fined Asurion Insurance Services Inc. and Asurion Protection Services LLC (Asurion) four million dollars for providing inadequate consumer disclosures for insurance offerings for mobile phones, tablets and other wireless communication …

POSTED FEBRUARY 27, 2020 11:00 AM
New Hampshire Insurance Department Confirms Nicolopoulos as Commissioner
The New Hampshire Insurance Department has confirmed Chris Nicolopoulos as insurance commissioner succeeding John Elias, who resigned in December less than two years after his appointment. Nicolopoulos was nominated by New Hampshire Governor Chris T. Sununu following Elias’ resignation and …

POSTED FEBRUARY 27, 2020 11:00 AM
Bank of England’s Carney Warns Investors to Get Serious About Climate Change
In a world facing a climate crisis, investors need to start taking account of carbon emissions and rising temperatures in their decisions, according to Bank of England Governor Mark Carney. The shift in thinking will be key to the industry’s …

POSTED FEBRUARY 27, 2020 10:50 AM
AXIS Chairman, Co-Founder Butt to Retire; Smith Named Chairman-Elect
AXIS Capital Holdings Ltd. announced that Michael Butt, chairman of the board of directors, will retire from the company, effective Sept. 16, 2020. A co-founder of AXIS and member of the Insurance Hall of Fame, Butt is a recognized industry …

POSTED FEBRUARY 27, 2020 10:34 AM
Oklahoma Senate Passes Bill Requiring All Children to Wear Seat Belts
The Oklahoma Senate has passed legislation that would require any child under the age of 17 to wear a seat belt while riding in the back seat of a vehicle. Current Oklahoma law only requires children under the age of …

POSTED FEBRUARY 27, 2020 7:34 AM
J.M. Wilson Hires Pov as Assistant P/C Underwriter in Michigan
J.M. Wilson has added Kim Pov as an assistant property/casualty underwriter in its Madison, Wisconsin, office. Pov is responsible for assisting underwriters on a wide variety of property and casualty risks, as well as quoting new and renewal business and …

POSTED FEBRUARY 27, 2020 6:32 AM

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