March 24, 2021
This wrap-up of International People Moves details recent appointments at three brokers and an insurance group: New Dawn Risk, Corant Global, BMS and Miller. A summary of these new hires follows. New Dawn Risk Group Ltd., the London-based specialist insurance …
March 24, 2021
Analysts at Assured Research delivered some surprises in a report on property/casualty insurance industry loss reserves Monday, finding that reserves are $28 billion redundant and predicting that some hard market pricing will stabilize or diminish this year. That industry loss …
March 24, 2021
AstraZeneca will publish up-to-date results from its major U.S. COVID-19 vaccine trial within 48 hours after health officials publicly criticized the drugmaker for using “outdated information” to show how well the immunization worked. The rare public rebuke marks the latest …
March 24, 2021
Boston Scientific Corp. agreed to pay $188.7 million to settle claims by most U.S. states that it deceptively marketed its surgical mesh devices to consumers. The settlement with 47 states and Washington, D.C. was announced on Tuesday by several state …
March 24, 2021
Hong Kong-based insurer AIA Group has entered into an agreement to buy the wholly-owned life insurance unit of Bank of East Asia (BEA) and has signed a 15-year distribution partnership with the lender for a total of about $650 million. …
March 24, 2021
Britain launched a public consultation on Wednesday on proposals to require large companies as soon as 2022 to disclose the financial risks they face from climate change. The business ministry said disclosures should be in line with recommendations from the …
March 24, 2021
Global insurance brokerage, risk management and consulting services firm, Arthur J. Gallagher & Co., has acquired South Bend, Indiana-based R&R Benefits/Risk Management LLC. Terms of the transaction were not disclosed. Founded in 2000, R&R Benefits is an independent insurance agency …
March 24, 2021
A Hillsborough County sheriff’s deputy was heading east on Interstate 4 in his red Dodge Charger on a brilliantly sunny afternoon in Florida when he saw him: A young driver behind the wheel of a Jeep texting on his phone. …
March 24, 2021
The South Carolina House has approved a bill that would make buying or selling stolen catalytic converters a separate crime that could bring up to three years in prison. The bill that passed 94-0 on Thursday was prompted by a …
March 24, 2021
Officials in Tennessee have agreed to pay $2.25 million to settle a lawsuit filed by the family of a Black man who was fatally shot by a white police officer from behind during a 2018 foot chase. The Nashville Metro …