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Trial Set to Consider Approval of Boy Scouts Bankruptcy Plan

More than two years after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex abuse allegations, a judge will determine whether to confirm its proposed reorganization plan in a trial starting March 14. The trial …

Australian Court Overturns Ruling Requiring Mine Regulator to Weigh Climate Harm to Children

An Australian court on Tuesday overturned a groundbreaking ruling from last year that required the country’s environment minister to consider harm to children from climate change as part of the approval process for a coal mine. The full Federal Court …

People Moves: IOA Names 6 Regional Execs; DeFelice Heads Aon’s U.S. Construction; Stephens Named Cyber Leader at Allianz

Insurance Office of America Names 6 Regional Executives Insurance Office of America (IOA) is pleased to announce the appointment of six regional presidents to its leadership team. The appointees to regional president include: Nathan Brainard – Central Florida Region Michael …

People: Universal, Lockton, Crawford Name New Executives

Soleimani, Luther and Ropiecki Elevated at Universal Universal Insurance Holdings, parent company of Florida’s largest private insurance carrier, announced the appointment of three people to key positions. Arash Soleimani, who was formerly executive vice president and director of investor relations …

Cowbell Cyber Raises $100M in Latest Series B Funding

Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), secured $100 million in capital in its latest series B funding round. The capital raise was led by Anthemis Group with participation from Permira, PruVen Capital, NYCA …

Berkshire Hathaway Stock Price Reaches $500,000 in Unsettled Market

The share price of Warren Buffett’s Berkshire Hathaway Inc. reached $500,000 for the first time on Monday, reflecting the company’s status as a defensive stock in a market unsettled by events in Ukraine and rising inflation. Berkshire’s Class A shares …

People Moves: Crawford Names Bart CEO, Int’l Operations; Marsh Appoints Delchar as Head of Placement, UK & Ireland; Pütz to Become Echo Re’s CEO as Meyer Retires

This edition of International People Moves details appointments at Crawford & Co., Marsh and Echo Re. A summary of these new hires follows here. Crawford & Co. Names Bart CEO, Int’l Operations Crawford & Co., the provider of claims management …

Gallagher Rebrands India Business After Edelweiss Acquisition

Gallagher, the international insurance broker, announced the rebranding of its India business to Gallagher Insurance Brokers Private Ltd. Gallagher Insurance Brokers Private Ltd. is one of the leading providers of risk management services, general insurance broking and risk solutions in …

Russia, Belarus Represent Less Than 1% of Business Transacted by Lloyd’s

Russia and Belarus represent less than 1% of business transacted by Lloyd’s of London, the commercial insurance market said, adding that it would look to curtail Russian exposure in several of its specialist insurance classes. Insurers and reinsurers based in …

Generali Reports Record Operating Profit in 2021, as Board Battle Looms

Italy’s top insurer Generali, facing a power struggle over its management, said on Tuesday it posted record operating profit last year thanks to a strong contribution from all of its business segments. Generali also said it continued to monitor the …

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