Tech Decisions, published by Summit Business Media, announced Robert Regis Hyle as the new Editor in Chief. Hyle was previously the Associate Editor at Tech Decisions.
New York Supreme Court Judge James A. Yates has thrown out the convictions of two former executives of Marsh after their 2008 conviction on felony monopoly charges for accepting contingent commission kickbacks.
The use of automated reinsurance administration technology is growing, but only one out of three insurers is reaching that level. The remaining two-thirds are still using partially automated or manual systems.
U.S. insured losses in June totaled about $200 million due to hail and flooding in the Northern Plains and tornado damage in the Midwest and Ohio Valley, Aon Benfield reports.
An independent agency, owned and operated solely by its employees, R&K insurance represents most national and regional property-casualty and benefits insurance markets with 11 offices expanding in New York and Connecticut.