Monthly Archives: <span>January 2021</span>

UK Must Avoid Being a ‘Mere Taker’ of EU Financial Services Rules in Return for Access

Britain should not submit to the European Union’s financial services rules just to get better access to the bloc’s market after Brexit, Bank of England Governor Andrew Bailey said on Wednesday. European daily share trading worth 6 billion euros ($7.36 …

European Companies to Seek Chinese Assets in Sectors Such as Insurance, Healthcare

European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world’s second-largest economy and the European Union agreed to an investment deal last month, lawyers and bankers say. The agreement, which …

Nashville Businesses Await FBI Decision On if Bombing Was Terrorist Act

The FBI investigation into whether the Nashville bombing was a terrorist act has sparked criticism about a possible racial double standard and drawn questions from downtown business owners whose insurance coverage could be affected by the bureau’s assessment. More than …

Gallagher’s Centeno Joins Lockton in Florida

Lockton Companies has hired Michele Centeno as a senior vice president in its Fort Lauderdale, Fla., office. In her role, Centeno will further expand Lockton’s client service options in the professional and financial services industry. Centeno has 30 years of …

Texas Bills Push Tougher Chemical Tank Rules to Stem Explosions, Spills

Deer Park, Texas, residents sheltered in place. The Houston Ship Channel shut down. Toxic chemicals spilled during Hurricane Harvey. And just last month, seven people were injured in a Corpus Christi fire. These are the incidents that some Texas lawmakers …

Dee Promoted to Asst. VP, Controller at American Financial Group in Ohio

Cincinnati, Ohio-based American Financial Group Inc. has promoted Robert (Bob) A. Dee to assistant vice president and controller. Dee joined AFG in 1985 and has held positions of increasing responsibility within the finance and accounting areas during his over 35 …

Midwest Economy Improving but Businesses Less Optimistic, Survey Finds

The economy continues improving in nine Midwest and Plains states but business leaders are less optimistic after the latest surge in coronavirus cases in the region, according to a new monthly survey released on Jan. 4. The overall index for …

Oklahoma Lobbyists to Pay $115K in Ethics Settlement

Two Oklahoma lobbyists have agreed to pay $115,000 in penalties as part of a settlement announced by the Oklahoma Ethics Commission. The settlements by the commission were reached with lobbyists James Milner and James McSpadden, who both served as treasurers …

Wisconsin’s SECURA Insurance Converts to Mutual Holding Company

Policyholders of Neena, Wisc.-based Secura Insurance, a mutual company, have voted to approve the company’s plan to restructure to a mutual holding company. The conversion to a mutual holding company, previously approved by SECURA’s board of directors and the Wisconsin …

Taxpayers, Not Insurance, to Cover Costs of Capitol Damage by Trump Mob

U.S. taxpayers will be on the hook for damage from a mob attack on the U.S. Capitol in Washington on Wednesday because the building and grounds are not insured, industry sources said. Supporters of Republican President Donald Trump angry at …