Monthly Archives: <span>April 2022</span>

AM Best Revises Outlook for South Carolina-based Greenville Casualty

The AM Best rating firm has revised its outlook for South Carolina-based Greenville Casualty Insurance Co., from positive to stable. The insurer’s financial strength rating remained the same at “B (fair),” along with its long-term issuer credit rating, of “bb+ …

Fake Financial Records Are Readily Available as U.S. Hunts for Fraud

For anyone who wants a phony pay stub or doctored tax return, an easy source is just a click away. A website called banknovelties.com claims it can provide “fake bank statements” as well as “fake pay stubs,” “fake utility bills” …

Charges Dropped Against in 2018 Colorado Wildfire Case

A judge dismissed criminal charges against a Danish man accused of starting a Colorado wildfire that destroyed about 140 homes in 2018 after he was repeatedly found unable to stand trial. It was not clear what would happen to Jesper …

California May Empower Citizens to Sue Over Illegal Firearms

For all California’s nation-leading attempts to regulate firearms, the state has not found a way to deter those happy to skirt the laws with stolen or homemade and increasingly prevalent “ghost” guns. In just two recent examples, police say the …

Business Moves: King Insurance Acquires Generic Agency in Florida

King Insurance, an insurance brokerage known for its rapid expansion in recent years, has acquired Generic Insurance Agencies of North Central Florida. GIA operates out of offices in Gainesville and West Palm Beach, offering commercial and personal lines products to …

People Moves: Marsh Promotes Vanyo; AIG’s Fayto Joins Lockton Cyber; Hersch Leads Deloitte Insurance Unit

Vanyo Named General Counsel of Marsh Marsh McLennan announced the appointment of Mikhail “Misha” Vanyo as general counsel of Marsh. Based in New York, Vanyo will lead all legal and compliance strategy for Marsh globally. He succeeds Katherine Brennan, who …

New York Man Wrongly Convicted of Arson Finally Vindicated After 40 Year Fight

A New York man who spent nearly 40 years trying to clear his name after a jury tainted by antisemitism wrongfully convicted him of arson has finally been vindicated. Lawyers for Barry Jacobson — who were helped in their efforts …

Safety Agency Moves to Ensure Recalls of Defective Auto Batteries

The U.S. National Highway Traffic Safety Administration (NHTSA) on Tuesday said it is opening a review to ensure all defective batteries produced by LG Energy Solution have been recalled by automakers. The auto safety agency noted Mercedes-Benz, Chrysler-parent Stellantis, General …

People Moves: Aon Names WTW’s Kennedy to Lead UK Client Industry Sector; Miller Taps Alesco’s Hardcastle for DA; Mt. Logan Re Hires McBride for Biz Dev, Graham as CUO

This edition of International People Moves details appointments at Aon, Miller and Mt. Logan Re. A summary of these new hires follows here. Aon Names WTW’s Kennedy as UK Client Industry Sector Leader Insurance broker Aon plc has named David …

WTW Releases New Version of Radar Pricing Software

Willis Towers Watson (WTW) has launched an updated version of its Radar software. Radar 4.14 now features a fully integrated Python capability, which allows insurers to benefit simultaneously from the advanced pricing capabilities of Radar and the power of the …