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Q&A: Mitchell International’s Hatamian Talks Workers’ Comp’s Tech Transformation
Mitchell International’s product management and strategy group leader, Shahin Hatamian, recently spoke with Insurance Journal’s Elizabeth Blosfield about how technology has been transforming the workers’ compensation industry. “There’s going to be a lot more technology coming down the pipeline for …

POSTED MARCH 22, 2019 1:51 PM
Mullen Named CEO of Artex; McManus Becomes Chairman
Artex Risk Solutions, the Bermuda-based alternative risk management solutions provider, announced that Peter Mullen has re-joined the company as chief executive officer, with David McManus assuming the new role of chairman. The move was first announced in March 2018. Artex …

POSTED MARCH 22, 2019 1:28 PM
New Jersey’s NJM Insurance Group Names Malone as CFO
NJM Insurance Group, a property and casualty insurer in the Mid-Atlantic region, has named Chris Malone as chief financial officer. Malone joins NJM with more than twenty-five years of financial and leadership expertise. In this role, he will oversee the …

POSTED MARCH 22, 2019 1:19 PM
New York’s SterlingRisk Insurance Hires McLaughlin as Program Sales Executive
SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has hired Debbie McLaughlin as program sales executive. In this position, McLaughlin will conduct market outreach on behalf of SterlingRisk Program Products. Founded in 1932, SterlingRisk has offices in New York, …

POSTED MARCH 22, 2019 1:07 PM
New York Man Arrested for Alleged Car Dealership Insurance Fraud Scheme
A Bronx County, N.Y., man has been arrested and arraigned on a felony complaint for an alleged insurance fraud scheme. Barrington Mayne, who is not an insurance broker, allegedly used his position and contacts at various car dealerships throughout Brooklyn, …

POSTED MARCH 22, 2019 1:04 PM
Swiss Re-Backed FWD in Talks for Biggest-Ever Southeast Asian Insurance Deal
FWD Group, backed by billionaire Richard Li, has revived talks about a potential acquisition of the life insurance operations of Thailand’s Siam Commercial Bank Pcl after a two-year hiatus. Siam Commercial reached a preliminary pact with FWD on a potential …

POSTED MARCH 22, 2019 10:33 AM
Northern Australia Braces for 2 Cyclones, Disrupting Mining, Shipping Operations
Commodity giant Glencore on Friday said it had suspended operations at its McArthur River zinc mine in northern Australia as a cyclone approaches. Authorities have declared a state of emergency in the region as Tropical Cyclone Trevor nears, with the …

POSTED MARCH 22, 2019 8:54 AM
Pasquesi to Become Arch’s Next Chairman, Succeeding Iordanou
John Pasquesi will replace Constantine “Dinos” Iordanou as Arch Capital Group Ltd.’s chairman of its board of directors in September when Iordanou completes his term. Iordanou joined Arch in 2002 to create its insurance segment and went on to serve …

POSTED MARCH 22, 2019 8:26 AM
Bank of England to Issue Rules for How Banks, Insurers Should Manage Climate Risk
The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said on Thursday. The central bank under Carney has been vocal in highlighting …

POSTED MARCH 22, 2019 8:03 AM
EU Gives UK Prime Minister Two Extra Weeks to Avoid No-Deal Brexit
European Union leaders staved off the threat of the U.K. crashing out of the bloc without a deal next Friday by giving Theresa May an extra two weeks to work out what to do. At a summit in Brussels on …

POSTED MARCH 22, 2019 7:43 AM

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