Risk Strategies, national specialty insurance brokerage and risk management firm, has acquired Miami-based Worldwide Assurance Inc., a retail life, health and benefits agency. Worldwide was founded in 2012 and has grown rapidly in recent years, its president, Osvaldo Gonzalez III, …
Beal Named Leader of Nationwide National Partners team Nationwide has named Tony Beal as the new leader of the Nationwide National Partners team, responsible for managing key P&C distribution partner relationships. Beal’s background is in national distribution management and underwriting. …
Meta Platforms Inc. is facing a lawsuit in Kenya’s high court accusing the company of failing Africans by amplifying hate speech and incitement to violence on Facebook and calling for about $2 billion in restitution. The case has been filed …
As corporations increasingly navigate the environmental, social and governmental (ESG) landscape, they require tools and benchmarking to help them meet their ESG targets. After all, regulators are moving to enforce disclosure requirements. According to Chaucer, a Lloyd’s insurer and reinsurer, …
Pension funds across the European Union would lose billions of euros from their investments in polluting industries without action to mitigate the impact of climate change, the bloc’s first stress test of its kind showed on Tuesday. The European Insurance …
Two songwriters have dropped their lawsuit claiming Grammy-winning musician Taylor Swift copied their lyrics in her 2014 number-one hit “Shake It Off,” according to court documents filed on Monday. Sean Hall and Nathan Butler told a Los Angeles federal judge …
Alphabet Inc.’s Google defeated a privacy lawsuit by consumers who accused the company of snooping on them even after they opted out of sharing their web activity. US District Judge Yvonne Gonzalez Rogers on Monday dismissed claims that Google tracked …
Do some Florida property insurance companies hire independent adjusters to inspect property claims, then routinely alter their inspection reports to reduce estimated losses? Yes, and it’s a widespread and fraudulent practice, according to three adjusters who spoke Tuesday at a …
Plymouth Rock Home Assurance Names Bishop as Vice President and Chief Marketing Officer Plymouth Rock Home Assurance Corp. recently appointed Peter Bishop as vice president and chief marketing officer. Bishop joins Boston, Massachusetts-based Plymouth Rock from EverQuote. He will be …
Insurer analysts at AM Best have downgraded the ratings of three companies in the Mid-Hudson Group citing a 32.7% decline in policyholder surplus as of September 30. AM Best downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- …
