December 21, 2020
DOVER, England – A slew of countries closed their borders to Britain on Monday over fears of a highly infectious new coronavirus strain, heightening global panic, causing travel chaos and raising the prospect of UK food shortages days before the …
December 21, 2020
Members of the wealthy Sackler family, owners of OxyContin maker Purdue Pharma LP, have long denied that the $10 billion they transferred from their company over the course of a decade was an unlawful attempt to shield assets in anticipation …
December 21, 2020
Specialist Risk Group (SRG), a London-based specialist insurance broker, announced it has signed a definitive agreement to be acquired by middle-market private equity firm HGGC. SRG’s management team will invest alongside HGGC and continue to hold a significant stake in …
December 21, 2020
Boris Johnson faces a choice in the next few hours that will define his premiership: accept a trade deal with the European Union or go it alone. It could scarcely have come at a more difficult time for him. As …
December 21, 2020
Hanleigh, a subsidiary of CRC Group – a nationwide wholesale distributor of specialty insurance products – has hired Scott Cremens as sales director, based in its Windsor, Conn., office. Hanleigh is a managing general underwriter offering high limit disability, personal …
December 21, 2020
JM Wilson has has hired Jamie Yohn as assistant transportation underwriter in its Charleston, S.C., office. Yohn is responsible for assisting underwriters on a wide variety of transportation risks, quoting new and renewal business, corresponding with carrier underwriters, and assisting …
December 21, 2020
A Georgia prosecutor says a burglary ring hit 49 businesses a total of 58 times over four months, and five people are accused. Targets included gas stations, dollar stores and popular restaurants in Macon, and burglaries occurred from Dec. 23, …
December 21, 2020
Managing general agency and surplus lines broker J.M. Wilson has added Scott Cella as assistant property/casualty underwriter and Ryan Tokarz as assistant transportation underwriter in its Arlington Heights, Ill., office. Cella and Tokarz are responsible for assisting with new and …
December 21, 2020
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of the property/casualty (P/C) subsidiaries of United Fire Group Inc. …
December 21, 2020
Russian hackers who broke into U.S. government agencies also spied on less high-profile organizations, including groups in Britain, a U.S. internet provider and a county government in Arizona, according to web records and a security source. More details were revealed …