July 16, 2021
Concerns about cybersecurity have led the state of Kentucky to extend its search for a company to modernize its pandemic-stressed unemployment insurance system, Gov. Andy Beshear’s administration said Wednesday. The need for additional safeguards against hackers means the state will …
July 16, 2021
Wisconsin’s governor has signed into law legislation creating new cybersecurity requirements for protecting data collected by the insurance industry. Governor Tony Evers signed Act 73, which is based on model legislation developed by the National Association of Insurance Commissioners (NAIC) …
July 16, 2021
Washington Gov. Jay Inslee declared a statewide drought emergency because of hot, dry conditions that have plagued the region and water supply. Citing recent record temperature that killed at least 91 people in the state, increased wildfire activity and drought, …
July 16, 2021
Bermuda-based Enstar Group Ltd. announced it has entered into an agreement to repurchase Hillhouse Capital Management’s entire remaining stake in Enstar for $879.3 million. The shares constitute 16.9% of total ordinary shares and 9.4% of voting ordinary shares. The transaction …
July 16, 2021
Albuquerque’s former police chief is accusing top city officials of violating open record laws and a state statute meant to protect whistleblowers. Michael Geier and his former assistant, Paulette Diaz, filed a complaint against the city in state district court …
July 16, 2021
Firefighters are scrambling to control a raging wildfire in southeastern Oregon that’s spreading miles a day in windy conditions, one of numerous conflagrations across the U.S. West that are straining resources. Authorities ordered a new round of evacuations Thursday amid …
July 16, 2021
In the wake of massive protests last year focused on racial equity and social justice, insurers are among the many industries confronting the need to incorporate more diversity into their hiring and business practices. There are many different ideas in …
July 16, 2021
This edition of International People Moves covers appointments at three re/insurance brokers: Aon, Lockton Re and Miller. A summary of these new hires follows here. Insurance broker Aon plc has announced several promotions within its team in the Europe, Middle …
July 16, 2021
With Delaware Governor John Carney’s recent signature, the state’s Captive Insurance Division is providing increased flexibility in its offerings to captive insurance companies. Senate Substitute 1 for Senate Bill 36 allows captives to be classified as registered series, offers clarity …
July 16, 2021
A New York man has been arrested for insurance fraud in the second degree following a year-long criminal investigation. On January 28, 2020, the Ellenville Fire Department requested the Ulster County Fire Investigation Unit to respond in Wawarsing, New York, …