Wildfires across the U.S. West are among the sparks from climate change that could ignite a U.S. financial crisis by damaging home values, state tourism and local government budgets, an advisory panel to a U.S. markets regulator found. Those effects …
Global law firm Clyde & Co has hired insurance lawyer Marc Voses as a partner in New York to further enhance its U.S. and global insurance practices. Voses joins from Goldberg Segalla, where he was chair of the Cybersecurity and …
Maryland Governor Larry Hogan requested a major disaster declaration from the federal government to help communities in three counties hit by Tropical Storm Isaias last month. If granted, it would provide financial help to Calvert, Dorchester and St. Mary’s counties …
As this trying year drags on, insurance agents might be tempted to take a quick breather. From a cyber liability perspective, however, the pressure on agents is ramping up over the rest of the year. Here’s why. In past columns, …
Hub International Limited, a global insurance brokerage, has acquired the insurance brokerage assets of Charles R. (Rhett) Butler. Terms of the transaction were not disclosed. Rhett was part of Nationwide Mutual Insurance Company’s exclusive distribution model and is now joining …
Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service organizations, has appointed equity partner Allison Buytenhuys as senior vice president and Brian Lynch, Cady Sinks and Rachelle …
Century 21 Stores, an iconic New York off-price department store chain, filed for bankruptcy with plans to shut down, becoming the latest victim of the retail industry carnage that’s accelerated during the pandemic. The retailer will hold going out of …
Brokers Guy Carpenter and Marsh, two business units of Marsh & McLennan, announced the appointment of Dean Klisura as president of Guy Carpenter, effective October 1, 2020. In this newly-created role, Klisura will be responsible for Guy Carpenter’s North America, …
ACORD, the standard setting body for the global insurance industry, is experiencing a massive jump in global reinsurance and other industry interest in its digital products and services, CEO Bill Pieroni said. The increase comes as reinsurers and carriers, already …
Greenlight Capital Re, the Cayman Islands-based specialist property and casualty reinsurance company, has appointed Greenlight Re’s chief executive officer, Simon Burton, to serve also as the company’s chief underwriting officer, succeeding Brendan Barry, who resigned from the company on Sept. …
