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Hard Brexit Could Cost UK 6% of GDP, IMF Warns
Leaving the European Union without a transitional trade deal would cost Britain about 6 percent of GDP — roughly four years of economic growth — compared with staying in the bloc, the International Monetary Fund said on Wednesday. The IMF, …

POSTED NOVEMBER 16, 2018 8:48 AM
Hamilton Re Taps Hiscox’s Roache as Head of Risk XS
Hamilton Re Ltd., the Bermuda platform for Hamilton Insurance Group, announced that David Roache has joined the company in the position of senior vice president, head of Risk XS. Roache, who will report to reinsurance chief underwriting officer, Tim Duffin, …

POSTED NOVEMBER 16, 2018 8:22 AM
Hardline Brexiteers Bet UK Can Defy Trade-Gravity Theory with No-Deal Brexit
The U.K.’s hardline Brexit backers are making their move. If they get their way on new trade arrangements, they’ll face a test of gravity. Many of those plotting to oust Prime Minister Theresa May also favor reverting to basic World …

POSTED NOVEMBER 16, 2018 7:52 AM
Insurance Industry Kept Promises to Hurricane Victims; Now Tested by Wildfires
Between the devastating wildfires in California and the destructive forces of Hurricanes Florence and Michael on the East Coast earlier this fall, the property/casualty insurance market has been put to the test this season. The challenge has been greater for …

POSTED NOVEMBER 16, 2018 6:00 AM
Jobless Ranks May Be Inflated by Millions of Gig Workers
The hardest people to pin down in America’s labor market may be the gig workers: How many hours do they put in, where, and just how many are out there? The Labor Department, in a report Wednesday, said there are …

POSTED NOVEMBER 16, 2018 6:00 AM
Kentucky Woman Gets 5 Years, Ordered to Pay $1.6M for Crop Insurance Fraud
A Kentucky woman was sentenced to five years in prison and ordered to pay $1.6 million in restitution for crop insurance fraud. The U.S. attorney’s office in Lexington said 63-year-old Debra Muse of the Wallingford community in Fleming County was …

POSTED NOVEMBER 16, 2018 5:55 AM
West Virginia Gov Makes 3 Appointments to Miners’ Health Safety Office
West Virginia Gov. Jim Justice has made three appointments to the state’s Office of Miners’ Health Safety and Training. The Charleston Gazette-Mail reports that Justice said in a news release that he appointed Eugene White to replace the retiring Greg …

POSTED NOVEMBER 16, 2018 5:50 AM
Worldwide Facilities Adds Davis to Brokerage Team in Atlanta
Worldwide Facilities, a national wholesale insurance brokerage, managing general agent and program underwriter, has added Angela Davis as a healthcare broker to its brokerage team. Davis began her insurance career in 2003; prior to joining Worldwide Facilities, Davis served as …

POSTED NOVEMBER 16, 2018 5:47 AM
ProWriters Launches Online Cyber Insurance Portal
ProWriters has launched Cyber Insurance Portal exclusively for insurance agents and brokers that is designed to streamline the insurance comparison process by allowing brokers to instantly compare rates for their clients from multiple carriers. The Cyber Insurance Portal offers agents …

POSTED NOVEMBER 16, 2018 5:16 AM
Severe Weather Causes Tour Bus to Overturn in Memphis, 2 Killed
A tour bus overturned on an icy highway ramp south of Memphis on Wednesday, leaving two people dead and several others injured as a pre-winter storm blasted parts of the South with an early shot of sleet, light snow and …

POSTED NOVEMBER 16, 2018 5:04 AM

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 Texas Associates Insurors 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.

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