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

People Moves: Former Willis Re CTO Joins Placement Platform Supercede; Sedgwick Hires Cordingley for Event Response in Australia, Cooper for Asia Biz Development

Reinsurance Placement Platform Supercede Hires Former Willis Re CTO Supercede, the London-based global reinsurance placement platform, announced the appointment of Aydin Betez, formerly chief technology officer of Willis Re, to lead the development of its cloud-based digital ecosystem, built for …

Florida-Based King Insurance Acquires Robert Blakeley

King Insurance, a full-service insurance brokerage firm that provides a variety of property & casualty as well as employee benefits solutions, has acquired Robert Blakeley Insurance. Robert Blakeley, based in Leesburg, Fla., has been insuring businesses and individuals in central …

Six Maryland Law Enforcement Officers Facing Fraud-Related Charges

Six Maryland law enforcement officers are facing federal indictment for charges related to schemes to defraud financial institutions and insurance companies. A federal grand jury has returned an indictment charging an officer for the Fairmount Heights Police Department, the Anne …

Maine Enacts Law That Will Ban Use of ‘Forever Chemicals’ in All Products by 2030

Maine last month enacted a law that makes it the first U.S. state to ban the use of PFAS, or per- and polyfluoroalkyl substances, in nearly all products. PFAS are commonly referred to as “forever chemicals” because of their inability …

California Wildfire Season Setting a Record, More Damage Expected

Smoke from California’s wildfires choked people on the East Coast. Flames wiped out a Gold Rush-era town. The acreage burned would dwarf the state of Rhode Island. Images of homes engulfed in flames and mountains glowing like lava would make …

Lawsuit Filed in Wyoming Says Mixup Kept Family at Gunpoint

Yellowstone National Park rangers and Wyoming sheriff’s deputies seeking a murder suspect held a vacationing family at gunpoint for an hour without adequate cause, a lawsuit claims. Brett and Genalyn Hemry, of Independence, Missouri, say they are victims of false …

Nevada Senator Wants Ideas to Address Wildfire Smoke

Sen. Catherine Cortez Masto is urging firefighters, scientists, teachers and moms to help form new strategies to deal with increasingly unhealthy air quality in Nevada caused by wildfires that continue to worsen and no relief in sight in the years …

‘Best Agency to Work For’ Nominations Open: Submit Now

Is your independent insurance agency a Best Place to Work? If so, why not nominate your agency as a “Best Agency to Work For” in 2021? To nominate your agency, you must be a current employee of the agency you …

AM Best Assigns ‘B++’ (Good) Credit Rating to Bermuda-Based ASR Re Ltd.

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to Bermuda-based ASR Re Ltd. (ASR Re). ASR Re is a wholly owned subsidiary of ASR Holdings Ltd., the non-operating …

Tropical Storm Henri Could Strike New York, New England as Hurricane Starting Sunday

Tropical Storm Henri is set to grow into a hurricane before slamming the U.S. Northeast anywhere from Long Island to Massachusetts, bringing heavy rain, a flooding storm surge and thrashing winds to the region starting Sunday. Hurricane watches have been …