Starr Cos. Forms Agreement with SMARTT MGA for General Aviation Business

Starr Cos. announced an agreement with SMARTT MGA to act as agents for Starr International (Europe) Ltd. to provide automated quotes and policy documentation for light general aviation business. “We have built a close and fruitful relationship with SMARTT and are happy that we have formalized this arrangement,” stated Jim Herbert, chief underwriting officer, aviation. […]

BHSI Introduces Contractors Plant & Equipment Cover in Australia

Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has introduced a new Contractors Plant & Equipment (CP&E) policy for customers in Australia. “With this new policy, contractors can easily and efficiently address their property damage and liability exposures, including road risk, in a single policy,” said Dimitry Zilberud, head of Marine, BHSI Australasia. “This new […]

Best Agencies to Work For West: Kulchin Ross – Bronze

There are no worries about who will take over at Kulchin Ross Insurance Services LLC when the agency principals decide to hang it up. The agency, which has grown from a handful of employees to more than 30 employees since starting out five years ago, is in the midst of a youth movement. Available coverage […]

UK Accounting Regulator Urged to Slap Larger Fines on ‘Big Four’

Misdeeds by the world’s “Big Four” accounting firms should be punished with much bigger fines, Britain’s accounting watchdog was advised in a report released on Tuesday. “Fines greater than those that have heretofore been imposed may be appropriate in really serious cases,” former judge Christopher Clarke said in the study published by the (FRC). The […]

Why Employees Cheat at Work

It can happen in the branch office or the boardroom. Volkswagen did it to pass emissions tests. Wells-Fargo did it to squeeze more profits from their customers. Some school districts have it done it to boost their standardized test scores. Workplace cheating is a real and troublesome phenomenon, and new research from the University of […]

Family of 4 Indicted for $550K Insurance Fraud Scheme in West Virginia

A man, his ex-wife and two sons are accused of burning down two West Virginia homes and pocketing over $550,000 in insurance claims. The Charleston Gazette-Mail reports 66-year-old Windel Lester, his ex-wife, 41-year-old Georgetta Lester, and his sons, 40-year-old Gregory A. Lester and 47-year-old James Edward Lester, were indicted on several charges, including money laundering. […]