UK broker network Compass has completed a management buyout from Arthur J. Gallagher, for an undisclosed sum. The deal sees the Compass business transfer into wholly independent ownership for the first time since its launch as a new network proposition …
Swiss Re Corporate Solutions appoints Axel Brohm, an experienced Swiss Re executive, as CEO Latin America. Brohm will assume this role immediately and relocate from Zurich to Miami in the coming months. In his new position, Brohm will be responsible …
Coface SA, a French export-credit insurer, warned Monday that higher-than-expected claims by companies trading with emerging markets may cut its 2016 annual profit. The Paris-based company also cited longer collection times in emerging regions, it said in a statement after …
The Florida Office of Insurance Regulation (OIR) announced July 1 that the National Council on Compensation Insurance (NCCI) filed an amended rate filing to address a third legal change affecting Florida’s workers’ compensation system. This amended filing increases NCCI’s initial …
When extension agent Charles Davis visits farms, he gets one question over and over again – when will South Carolina farmers start getting aid for crops damaged in last year’s floods? Finally, Davis and his fellow agents have the paperwork. …
A woman in Broward County, Fla., will spend four years in federal prison after pleading guilty to possessing more than 600 stolen identities that were used to steal tax returns and in fraud. Laveisha Dorray Charles-Coldros of Miramar pleaded guilty …
North Carolina has toughened penalties for boat operators who unintentionally kill or injure someone while under the influence of alcohol. Gov. Pat McCrory signed a law making the penalties for impaired boaters who cause injuries or fatalities similar to those …
Transportation network companies like Uber and Lyft would be legally sanctioned to operate in Massachusetts, under a set of mostly reasonable regulation, under legislation approved this week in a 34-2 vote of the state Senate. The measure would place TNCs …
A California school district has agreed to pay $10.5 million to a former student who suffered brain damage when he was mobbed while wearing a chicken costume at a pep rally. Kern County High School District agreed to the settlement …
Monterey, Calif-based Capital Insurance Group has named Brian Janitschke chief actuary. His responsibilities will include directing the actuarial functions. As a member of the executive team, he also will be accountable for carrying out the company’s business strategy, operational goals …
