April 19, 2022
This edition of International People Moves details appointments at two brokers, TigerRisk and Hub International, and the insurer Fidelis. A summary of these new hires follows here. TigerRisk Taps RenRe’s Everdell as Head of Casualty, Global Accounts TigerRisk Partners LLC, …
April 19, 2022
More than seven out of 10 chief financial officers (CFOs) at Britain’s biggest companies expect high inflation to reduce their profit margins, and few see the Bank of England getting inflation under control in the next couple of years. A …
April 19, 2022
Three firms involved in Britain’s oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which have caused widespread disruption this month, the government said on Friday. Environmental groups such as Extinction Rebellion and Just Stop …
April 19, 2022
Greece has impounded a Russian oil tanker off the island of Evia, the Greek coastguard said on Tuesday, as part of European Union sanctions imposed on Moscow over its invasion of Ukraine. Earlier this month, the EU banned Russian-flagged vessels …
April 19, 2022
Michigan Governor Gretchen Whitmer announced that nearly a third of eligible Michiganders have already received their $400 auto refund checks from the Michigan Catastrophic Claims Association (MCCA) catastrophic fund surplus. According to data gathered by the Michigan Department of Insurance …
April 19, 2022
Registration has started for a new program to help low- and moderate-income Lake Charles residents fix 2020 hurricane damage to their homes, and Mayor Nic Hunter says he expects it to fill up fast. “We’ve already had so many people …
April 19, 2022
Kin Insurance, a direct-to-consumer, technology-based platform, announced it had closed a $175 million private placement catastrophe bond transaction with a newly established reinsurer. The multi-year arrangement with Hestia Re Ltd. will back the Kin Interinsurance Network for hurricanes and other …
April 19, 2022
The United States has linked North Korean hackers to the theft of hundreds of millions of dollars’ worth of cryptocurrency tied to the popular online game Axie Infinity, the U.S. Treasury Department said on Thursday. Ronin, a blockchain network that …
April 19, 2022
Everest Re Group Ltd. announced the passing of Don Mango, the company’s chief risk officer and chief actuary. Ari Moskowitz, Everest Reinsurance chief operations officer and chief pricing actuary, has been appointed the group’s chief risk officer to lead the …
April 19, 2022
The Biden administration will no longer enforce a U.S. mask mandate on public transportation, after a federal judge in Florida on Monday ruled that the 14-month-old directive was unlawful, overturning a key White House effort to reduce the spread of …