This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, Chubb Global Markets and the insurtech bolttech. A summary of these new hires follows here. BHSI Promotes 3 Senior Leaders for UK Executive & Professional Lines Berkshire …
Insured damages from Hurricane Fiona are now estimated at over C$800 million (US$591.2 million), according to the Insurance Bureau of Canada (IBC), quoting the Catastrophe Indices and Quantification Inc. (CatIQ). Hurricane Fiona remains the most costly extreme weather event ever …
Duck Creek Technologies, the tech company that serves the property/casualty insurance market, announced a definitive agreement to acquire Imburse Payments, a Swiss-based modern payments platform. Financial details of the deal were not disclosed. Imburse’s cloud-native software-as-a-service (SaaS) payment solution is …
International investors with $2.2 trillion in assets will ask commodity giant Glencore Plc to show how its development of thermal coal mines meets the goals of the Paris climate accord to keep global warming to 1.5 degrees. Glencore is one …
The U.S. Federal Trade Commission, which enforces antitrust law, proposed a rule that would ban companies from requiring workers to sign noncompete provisions as well as some training repayment agreements, which companies use to keep workers from leaving for better …
Hackers stole the email addresses of more than 200 million Twitter users and posted them on an online hacking forum, a security researcher said Wednesday. The breach “will unfortunately lead to a lot of hacking, targeted phishing and doxxing,” Alon …
In the celebration over the Florida Legislature’s sweeping insurance reforms approved last month, one statutory change has slipped under the radar a bit – one that insurance attorneys said will streamline the settlement process and could help reduce litigation. Among …
A federal judge has slashed millions of dollars from the damages a jury ordered white nationalist leaders and organizations to pay for their role in the violence that erupted during the deadly “Unite the Right” rally in Charlottesville in 2017. …
Right after Tim Sweeney took the helm as Liberty Mutual’s CEO, a group of activists hosted a demonstration asking the him to “pick fossil fuels or Boston” by prioritizing climate policies to mitigate risk and protect the city of Boston …
Department of Business and Industry Director Terry Reynolds announced the appointment of Nick Stosic as Interim Insurance Commissioner at the Nevada Division of Insurance. Stosic’s appointment becomes effective on Friday. The appointment was made following the Commissioner Barbara Richardson’s resignation. …
