The University of Illinois’ Gies College of Business has named Lynne McChristian and Corrie Proksa to lead its insurance and risk management programs. McChristian has been named director of the Office of Risk Management and Insurance Research (ORMIR), Proksa and …
The North Dakota Insurance Department has appealed a ruling from a U.S. District Court invalidating a law protecting individuals with health insurance from receiving large and unexpected balance bills to the 8th Circuit Court of Appeals, North Dakota Insurance Commissioner …
One of Alabama’s largest coal companies has agreed to pay $775,000 in penalties related to air pollution violations near Birmingham. Al.com reported Feb 12. that the proposed Drummond Company settlement comes nearly eight years after violations were discovered during a …
A Nashville restaurant is facing multiple lawsuits after at least 20 customers reported becoming infected with salmonella. According to WKRN-TV, the four lawsuits are each seeking up to $1.5 million in damages from Milk and Honey following the August foodborne …
Bruce Carnegie-Brown, chairman of Lloyd’s, issued this market bulletin on Feb. 18, 2019 about the life and death of Sir David Rowland, who was chairman of the market between 1993 and 1997. It is with great sadness that I am …
A chemical maker’s North Carolina plant may have broken federal law by failing to notify the U.S. Environmental Protection Agency before it started manufacturing and repurposing new industrial compounds, the agency said this week. The Chemours Co. also failed to …
Aquiline Capital Partners LLC, a private equity firm investing in financial services and technology, has entered into a definitive agreement to acquire Walnut Creek, Calif.-based Relation Insurance Services from private equity firms Parthenon Capital and Century Equity Partners. Terms of …
San Diego, Calif.-based Cavignac & Associates has named Jessica Rodriguez an account administrator within the agency’s surety department. Rodriguez serves as the client contact within the department for processing bond requests. She has experience in both insurance and the real …
Apax VIII, a fund advised by Apax Partners, has agreed to sell its entire stake in AssuredPartners, a growing U.S. insurance brokerage, to an investor group led by GTCR, a Chicago-based private equity firm. GTCR previously owned AssuredPartners from its …
South African insurer Discovery could expand through acquisitions in the future but must first work out how its innovative fluctuating premiums, based on clients’ lifestyle behaviors, could be applied to more traditional businesses. Discovery has spent more than two decades …
