March 2, 2022
A 75-year-old driver likely won’t face criminal charges after crashing her Bentley into a busy Miami Beach sidewalk cafe, killing one man and injuring eight others, police said. There were no signs that the woman was impaired on Feb. 24 …
March 2, 2022
North Haven-based Trager Reznitsky Insurance has acquired the property/casualty business of another Connecticut independent agency, Stronghold Insurance LLC, in Shelton. This is the first acquisition for Trager Reznitsky and it will allow it to expand its operations beyond Connecticut to …
March 2, 2022
A former state representative has announced plans to challenge Florida CFO Jimmy Patronis in this fall’s election, and he’s making Florida’s property insurance crisis a central issue. Adam Hattersley, a Democrat of Riverview, near Tampa, served in the Legislature from …
March 2, 2022
Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had hoped for, AM Best reported Monday, citing the impact of social inflation on rising claims and defense costs. Separately, in …
March 2, 2022
Many global firms are still failing to prioritize environmental, social, and governance (ESG) risks in the boardroom, which is creating worrying gaps in their evaluation and mitigation of these mounting hazards, according to research by insurance brokers and risk advisors …
March 2, 2022
Lloyd’s Names Gomez as Chief People Officer Lloyd’s of London has appointed Sara Gomez as chief people officer (CPO). As CPO, she will focus on developing Lloyd’s talent, leadership and inclusion strategy. She brings experience as a CPO from a …
March 2, 2022
Openly, a data-focused homeowners insurer based in Boston, announced that it has expanded into Georgia. The Deep South state is the 17th for the rapidly growing company, which was launched in 2017 and says its platform can let independent agents …
March 2, 2022
The Liberty Company Insurance Brokers has continued its rapid expansion plan with the addition of a Clearwater, Florida, firm to its network. Strategic Insurance Services is led by CEO Doug Levi, the company announced in a news release. It specializes …
March 2, 2022
Shipments of foodstuffs and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports and customs, shipping group Maersk told its customers on Wednesday. Maersk and two other large container lines have temporarily suspended cargo …
March 2, 2022
BEIJING — China will not join in sanctions on Russia that have been led by the West, the country’s banking regulator said on Wednesday, adding that he believed the impact of the measures on China would be limited. China, which …