September 10, 2019
Connecticut public health officials say they are now investigating five cases of lung disease in state residents possibly related to the use of e-cigarettes or vaping products. The state Department of Public Health on Friday said it had learned of …
September 10, 2019
A New York State Department of Transportation employee has been arrested on charges that he defrauded the workers’ compensation system and stole more than $11,000 in insurance benefits to which he was not entitled. Joshua D. Newman, of North Road …
September 10, 2019
Risk Strategies, a privately held national insurance brokerage and risk management firm, has appointed Edward J. Flanagan, a veteran broker and sales leader, as New England regional operations leader. Flanagan will succeed John Scroope, who has been promoted to the …
September 10, 2019
Partners General Insurance Agency (PGIA) has hired Thomas Farrell as senior vice president to start up its Connecticut branch of operations. Farrell will be writing on Ategrity Specialty Insurance Company paper which has an exclusive MGU appointment with Partners General …
September 10, 2019
Fidelity National Financial and Stewart Information Services Corp. have agreed to terminate FNF’s proposed merger with Stewart due to the Federal Trade Commission’s issuance of an administrative complaint seeking to block the merger. FNF said it will make a payment …
September 10, 2019
Nephila Capital, the Bermuda-based specialist ILS re/insurer and investment manager, has received UK regulatory approval to establish its own Lloyd’s managing agency. The new entity, Nephila Syndicate Management Ltd. (NSML), will launch on Oct. 11, 2019. Since 2013, Nephila has …
September 10, 2019
Reliance Capital Ltd. has called off a sale of its general insurance unit to Hero Fincorp, forcing embattled Indian tycoon Anil Ambani to look for options as he seeks to reduce debt, people familiar with the matter said. The talks …
September 10, 2019
Marsh announced the appointment of Andy Smith as chairman and CEO of its UK Aviation Practice, within Marsh JLT Specialty. Smith is based in London and reports to Paul Moody, UK CEO, Marsh JLT Specialty, and Simon Harker, global head …
September 10, 2019
Insured losses in the Caribbean from Hurricane Dorian is estimated at $3.5 billion to $6.5 billion, according to RMS, the risk modeling and analytics firm. This estimate represents insured losses associated with wind and storm surge damage across the Caribbean …
September 10, 2019
Prime Minister Boris Johnson said on Tuesday he would not request an extension to Brexit, hours after a law came into force demanding that he delay Britain’s departure from the European Union until 2020 unless he can strike a divorce …