News Center

News – Insurance Journal

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

Reuters: Health News

Middle-school screening uncovers diabetes, high cholesterol (Reuters Health - In a small pilot study that screened 45 Ohio middle school students for cardiovascular risk factors, a third of the children had abnormal levels of cholesterol or blood sugar, and two kids were found to have undiagnosed diabetes. POSTED MARCH 22, 2019 10:07 AM

Tyson recalls tons of chicken strips for possible metal contamination Tyson Foods Inc is recalling about 69,000 pounds of frozen, ready-to-eat chicken strips that may be contaminated with metal, the U.S. Department of Agriculture said late on Thursday. POSTED MARCH 22, 2019 7:55 AM

UPS eyes in-home health services with U.S. vaccine project LOUISVILLE, Ky. - United Parcel Service Inc wants to get beyond U.S. doorsteps with a new push into healthcare. POSTED MARCH 22, 2019 7:11 AM

China urges subsidies to help disease-hit pig farms restock China has urged rural governments to offer temporary subsidies to pig breeding farms and large-scale producers to help stabilize hog production, as fears grow about the impact of a severe disease outbreak on pork supplies. POSTED MARCH 22, 2019 2:35 AM

Eisai starts phase 3 trials for second Alzheimer's drug after first's failure Eisai Co Ltd on Friday said it has begun phase 3 clinical trials of Alzheimer's treatment BAN2401, a day after the Japanese drugmaker and U.S. partner Biogen Inc scrapped trials for another Alzheimer's drug, aducanumab. POSTED MARCH 22, 2019 2:05 AM

China birth rates fall in several regions in 2018: China Daily China's birth rate in several regions, including the capital Beijing, fell again in 2018, the official China Daily said on Friday, despite government efforts to encourage couples to have more children. POSTED MARCH 21, 2019 9:40 PM

FDA says cybersecurity vulnerabilities found in some Medtronic devices The U.S. Food and Drug Administration (FDA) on Thursday said cybersecurity vulnerabilities were identified in Medtronic Plc's implantable cardiac devices, clinic programmers, and home monitors. POSTED MARCH 21, 2019 8:05 PM

J&J to record $700 million charge related to abandoned drug program Johnson & Johnson on Thursday said it will record a nearly $700 million impairment charge in the first quarter of 2019 related to the abandoned development of its experimental antiviral drug, AL-8176. POSTED MARCH 21, 2019 6:21 PM

Long-term hormone use after menopause tied to Alzheimer's risk (Reuters Health) - Women who take hormone replacement therapy (HRT) to ease menopause symptoms like hot flashes and night sweats may be slightly more likely to develop Alzheimer's disease, a large Finnish study suggests. POSTED MARCH 21, 2019 5:01 PM

Biogen scraps two Alzheimer drug trials, wipes $18 billion from market value Biogen Inc and partner Eisai Co Ltd are ending two late-stage trials of their experimental Alzheimer's disease drug aducanumab, a major setback in the quest to find a treatment for the mind-wasting disease and a blow to Biogen, which lost more than $18 billion of its value on Thursday. POSTED MARCH 21, 2019 4:12 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Bencivenga Insurance Agency confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.