Tokio Marine Kiln (TMK) announced that after 11 years as chief executive officer, Charles Franks is assuming new responsibilities within the Tokio Marine Group (TMG). He will be succeeded by Brad Irick as CEO of TMK from Jan. 1, 2020, …
Virginia has joined a growing number of states suing members of the family that owns Purdue Pharma for their alleged role in the nation’s opioid crisis. Attorney General Mark Herring announced Wednesday that the state has amended a lawsuit it …
TigerRisk Partners LLC, a risk, capital and strategic advisor to the global insurance and reinsurance industries, has appointed Manoj Gupta as chief operating officer. Prior to joining TigerRisk, Gupta was president of Third Point Reinsurance Ltd.’s U.S. subsidiary. He held …
John R. Tomassi was named president of the Professional Insurance Agents of New York (PIANY), at a meeting of the association’s board of directors today at PIANY headquarters in Glenmont, N.Y. Tomassi is a partner in CLG Insurance in Clifton …
Boris Johnson’s Brexit troubles deepened as the Speaker of the House of Commons warned him Parliament will “forcefully” try to stop him taking Britain out of the European Union without a deal. The premier believes the only way out of …
Mississippi is considering new rules that let companies continue to use food-labeling terms such as “veggie burger” and “vegan bacon,” as long as the terms are prominently displayed so consumers understand the products are not meat. The state agriculture department …
North Carolina will get some much-needed money to help with mounting repair costs the state has incurred in response to devastating hurricanes and other storms. The Federal Highway Administration said in a statement Tuesday that North Carolina would get $51 …
The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference. Speaking at the Keefe, Bruyette & Woods Insurance Conference last week, W. Robert Berkley Jr., …
The National Football League wants a better helmet, and for the first time, it’s willing to pay for it. The richest and most-watched U.S. sports league has created the NFL Helmet Challenge, a $3 million, 18-month contest to see who …
Employers and health plans fear they could be swamped financially by a coming wave of expensive new genetic therapies for rare diseases. Regulators have recently approved two treatments that sell at many multiples of the prices of routine treatments for …
