June 10, 2021
This wrap-up of international People Moves details recent appointments at three London-based brokers: BMS, Incepta (a subsidiary of Goldman Sachs-backed Aston Lark), and Oneglobal Broking. A summary of these new hires follows here. BMS, the London-based specialist insurance and reinsurance …
June 10, 2021
Florida Gov. Ron DeSantis said that he will sign recently-passed legislation addressing property insurance costs and roofing contractor practices while adding that he believes that the state needs to do more to curb excess litigation and improve the insurance market. …
June 10, 2021
As the number of fire deaths rises in North Carolina, Insurance Commissioner and State Fire Marshal Mike Causey organized a team of firefighters and volunteers last weekend, not to battle a blaze or answer medical calls, but to distribute and …
June 10, 2021
Newly approved updates to Tennessee’s captive insurance statute will help boost the state’ reputation as preferred domicile for companies looking to establish a captive insurance company, according to the state’s insurance regulator. Tennessee Governor Bill Lee recently signed the latest …
June 10, 2021
Bell and Clements Inc., part of Munich Re Specialty Insurance (MRSI), is launching an Intellectual Property Legal Professional Liability (IPLPL) product specifically designed for law firms of all sizes with 65% or more of their revenue derived from the practice …
June 10, 2021
New York’s attorney general could sue gun manufacturers under certain scenarios under a bill that passed the state Senate and Assembly on Tuesday as lawmakers continued wrapping up this year’s legislative session. Gun manufacturers could, for instance, face a lawsuit …
June 10, 2021
A New Jersey U.S. Postal Service (USPS) mail carrier has been charged with making false statements to obtain federal workers’ compensation benefits. Aida Perez, of Roselle Park, New Jersey, has been charged by complaint with one count of knowingly and …
June 10, 2021
A proposed bill in New York relating to unfair claims settlement practices would provide policyholders with a private right of action against insurers who refuse or delay payment of a claim. The bill comes as many policyholders have expressed frustration …
June 10, 2021
A federal judge in northern Illinois has dismissed a racial discrimination lawsuit brought by African-American McDonald’s franchisees accusing McDonald’s of steering them to underperforming stores. U.S District Court Judge Harry D. Leinenweber ruled that the plaintiff Black franchisees failed to …
June 10, 2021
Wall Street accountants and lawyers are trying to figure out new equity agreements to lure investors back to the blank-check company market after the U.S. regulator cracked down on the use of warrants, six industry executives told Reuters. They are …