Guardians of a Rhode Island moped driver who was sent into a coma with a head injury after he crashed while being followed closely by a Providence police cruiser filed a federal lawsuit on his behalf alleging brutality and excessive …
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of two additional underwriters within its global Renewable Energy business. Nicholas Boswell Brown and Claire Whelan will join AXIS in April as renewable energy underwriters …
There were 744 announced insurance agency mergers and acquisitions in 2020, up nearly 20% from 649 reported in 2019. The surge resulted from the pent-up supply of pending transactions from earlier in the year coupled with sellers looking to avoid …
Aon CEO Greg Case has been recognized for advancing the equality of LGBTQ+ employees and individuals. Specifically, Case was named the No. 1 ally on the INvolve OUTstanding LGBT+ Ally Executives list for 2020. INvolve is a global network and …
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has launched new terrorism insurance coverage in the German market, effective immediately. Since LSM entered the market in 2018, business written used the standard London market cover. The new terrorism …
AkinovA (Bermuda) Ltd., the wholly owned Bermuda trading subsidiary of AkinovA Ltd., has been granted the first “Insurance Marketplace Provider” license by Bermuda’s financial services regulator. This new category of insurance intermediary provides capital providers, brokers, agents and cover buyers …
Advancements in artificial intelligence are in many ways a double-edged sword for the cyber insurance industry. Increasingly diverse and sophisticated cyber attacks have dramatically increased the demand for cyber coverage, offering a lucrative opportunity for insurers to capitalize upon. However, …
HSBC Holdings Plc and Malayan Banking Bhd.’s insurance venture are among shortlisted bidders for AXA SA’s business in Singapore, which could raise about $700 million in a sale, according to people familiar with the matter. The British bank and Etiqa, …
The Kentucky Supreme Court ruled last month that an online poker company must pay more than $1 billion to the state for illegal gambling losses in a court battle that began a decade ago. The ruling from the state’s high …
Atlanta-based INSUREtrust has announced multiple additions and promotions to its Atlanta team. The company, which was just acquired by Constellation Affiliated Partners, has added Beck Heigl as an account manager. Before INSUREtrust, Heigl was an estimator for a property restoration …
