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Markets/Coverages: CFC Adds Professional Liability, Tech E&O to Admitted Offerings

Specialist insurance provider CFC recently announced the expansion of its admitted product suite with the addition of professional liability and technology E&O. The company has been trading its admitted solution for cyber since 2020. Leveraging CFC’s award-winning trading platform and …

ConocoPhillips Details Gas Leak Cause, Remedies at Alaska Hearing

ConocoPhillips, which last week received U.S. government approval for the massive Willow oil drilling project in Alaska, detailed reasons for a natural gas leak at another North Slope field that prompted the evacuation of 300 employees last year. Officials with …

Hackers Breached UK Pension Protection Fund, Stole Employee Data

Hackers obtained data on some employees of the UK’s Pension Protection Fund after exploiting a third-party data transfer service, according to a fund spokesperson. The Pension Protection Fund manages £39 billion of assets for its 295,000 members, according to its …

New York Surgeon Gets 36 Months in Jail for Role in $31 Million Trip-and-Fall Scam

A New York-licensed pain management doctor has been sentenced to 36 months in prison for his participation in a scheme to obtain fraudulent insurance reimbursements and other compensation from fraudulent trip-and-fall accidents. Damian Williams, U.S. Attorney for the Southern District …

People Moves: Acrisure Re Hires Ed Broking’s D’Arcy for Fac Team; MS Amlin Names Carpenter’s Turner to Lead Risk Analytics; Tysers Taps Primassure’s Moore for Energy

This edition of International People Moves details appointments at Acrisure Re, MS Amlin and Tysers Broking. A summary of these new hires follows here. Acrisure Re Hires Ed Broking’s D’Arcy for Facultative Team Acrisure Re, the re/insurance division of top-10 …

Georgia Lawmakers Flip the Script on Use-and-File for Auto Rate Increases

Georgia lawmakers have approved a bill that, if signed into law, would end the longstanding “use-and-file” mechanism on auto insurance rate filings in the state. The state Senate last week voted 49-2 in favor of House Bill 221, a measure …

Arkansas Governor Passes School Bathroom Bill

LITTLE ROCK, Ark. (AP) – Arkansas Gov. Sarah Huckabee Sanders last Tuesday signed a law prohibiting transgender people at public schools from using the restroom that matches their gender identity, the first of several states expected to enact such bans …

Wisconsin Farm Reaches $215K Pollution Settlement

MADISON, Wis. (AP) – A factory farm has agreed to pay the Wisconsin Department of Justice $215,000 to settle pollution allegations. The Legislature’s finance committee is slated to approve the deal during a meeting last Tuesday. According to an analysis …

Minnesota Nuclear Plant Shuts Down For Leak

MONTICELLO, Minn. (AP) – A Minnesota utility began shutting down a nuclear power plant near Minneapolis on Friday after discovering water containing a low level of radioactive material was leaking from a pipe for the second time. While the utility …

Officials: Crews Failed to De-Ice Road Before Massive Texas Crash

DALLAS (AP) – The company responsible for maintaining a Texas interstate where 130 vehicles crashed in icy conditions two years ago, killing six and injuring dozens, failed to address the deteriorating road conditions, federal officials said last Thursday. That portion …

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