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Willis Towers Watson Launches New Version of Radar Pricing Software
Willis Towers Watson announced the launch of the latest version of its Radar pricing software. With the speed of change and disruption across markets and products accelerating, Radar 4.2 provides insurers with “a future-proofed solution designed to achieve agile, sophisticated …

POSTED DECEMBER 11, 2018 10:40 AM
S. Africa Lender FirstRand Aims to Offer Services Such as Insurance
FirstRand Ltd. is emulating Amazon.com Inc. with a digital offering that will span everything from insurance, car license renewals to locating plumbing services as the South African bank chases new revenue sources. Africa’s biggest lender by market value is pushing …

POSTED DECEMBER 11, 2018 10:05 AM
Road America Motor Club Hires Campolo as VP of Sales in Florida
Road America Motor Club, a wholly owned subsidiary of international insurer MAPFRE, has added Frank Campolo to the company as vice president of Sales in its Miami headquarters. Campolo will develop and lead Road America’s sales strategy, focusing on revenue …

POSTED DECEMBER 11, 2018 5:41 AM
Jury Awards $774K to Worker Permanently Injured at Alabama Plant
A man permanently injured at an Alabama manufacturing plant in 2015 has been awarded $774,000. Al.com reported Dec. 5 that a jury has decided Italian company Tenax SPA should pay punitive and compensatory damages to Tenax factory worker John Dees. …

POSTED DECEMBER 11, 2018 5:36 AM
Miami Man Arrested in $60K Trucking Insurance Fraud Scheme
A South Florida trucking company owner was arrested last month after allegedly selling fraudulent insurance coverage with certificates of insurance totaling nearly $60,000 to local commercial truckers, according to a statement from Florida Chief Financial Officer (CFO) Jimmy Patronis. Investigators …

POSTED DECEMBER 11, 2018 5:04 AM
UK Prime Minister Defers Brexit Vote, Raising Risk of No Deal
Theresa May is playing for time. Faced with a humiliating defeat on her Brexit deal, the embattled U.K. prime minister announced to the House of Commons she would defer a vote and return to Brussels to seek “assurances” from European …

POSTED DECEMBER 10, 2018 8:10 PM
Winter Storm Leaves Mess Behind in Southeast, More Snow Expected
A massive storm brought snow, sleet, and freezing rain across a wide swath of the South on Sunday – causing dangerously icy roads, immobilizing snowfalls and power losses to hundreds of thousands of people. North Carolina Gov. Roy Cooper strongly …

POSTED DECEMBER 10, 2018 5:54 PM
Arthur J. Gallagher Acquires Chicago Captive Insurance Consultant
Arthur J. Gallagher & Co. has acquired Chicago-based Captive Insurance Company Design and Operations. Terms of the transaction were not disclosed. Formed in 2002 by Clarity Group Inc., Captive Insurance Company Design and Operations is a captive consultant focused exclusively …

POSTED DECEMBER 10, 2018 5:38 PM
Firms Increasing Investments in Michigan Insurance Brokerage, Acrisure
Three firms are increasing their investments in Acrisure LLC, the Caledonia, Michigan-based insurance brokerage announced. Acrisure said a group of investors led by funds managed by Blackstone’s GSO Capital Partners and Tactical Opportunities businesses (Blackstone), have significantly increased their investment …

POSTED DECEMBER 10, 2018 5:36 PM
Arkansas Jury Awards Woman $3M in Suit over Escalator-Mangled Toe
Jurors have awarded a New York medical student $3 million after she suffered a gruesome toe injury while riding an escalator at an Arkansas mall. The Arkansas Democrat-Gazette reports that a Pulaski County jury has ruled that 27-year-old Aisha Siddiqui …

POSTED DECEMBER 10, 2018 5:22 PM

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