February 17, 2022
Specialty insurance brokerage Risk Strategies has acquired the retail brokerage operations and assets of Joyce Insurance Group and associated businesses in Pittston, Pennsylvania. The acquisition of Joyce Insurance Group represents a solidification of the Risk Strategies presence in Pennsylvania. In …
February 17, 2022
Britain’s Met Office issued a rare red weather warning for parts of the UK, saying hurricane-strength gusts of 90 miles (145 kilometers) an hour are set to hit the country on Friday. The weather service said the most dangerous winds …
February 17, 2022
The New Jersey Department of Labor and Workforce Development (NJDOL) has issued stop-work orders to five out-of-state contractors – from Florida, Georgia, and North Carolina – who misclassified workers performing construction work in New Jersey The state investigated four subcontractors …
February 17, 2022
Mississippi’s capital city is installing new meters to try to correct one problem with its water system. Jackson Mayor Chokwe Antar Lumumba said that residents may soon see Utility Metering Solutions employees in their neighborhoods for the installation, WAPT-TV reported. …
February 17, 2022
Asta, the third-party managing agent at Lloyd’s, and JPO Consulting, announced the launch of ARTes Specialty Ltd., an independent UK-based managing general agent (MGA), wholly owned by its founders and directors. Co-founded by Chris Thomas, chief executive officer, and Richard …
February 17, 2022
Contractors based in Florida, North Carolina and Georgia have been ordered to stop work in New Jersey and now face penalties for allegedly misclassifying workers. The New Jersey Department of Labor said it had issued the orders after an investigation …
February 17, 2022
Industrial insurer HDI Global SE has restructured its Asia Pacific operations in a move designed to simplify reporting structures in the region and strengthen its offering for customers and business partners. The reform of reporting lines brings HDI Global’s operations …
February 17, 2022
ESentire Inc., a cyber-security company backed by private equity firm Warburg Pincus, has struck a deal to sell a stake to two investment firms at a $1.2 billion valuation, according to people familiar with the matter. Canadian pension fund Caisse …
February 17, 2022
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Marsh and MS Amlin Underwriting Ltd. A summary of these new hires follows here. BHSI Promotes Alder-Smurthwaite, Emson to UK Casualty Team Berkshire Hathaway Specialty Insurance …
February 17, 2022
France’s CNP Assurances CNPP.PA will no longer finance new oil and gas projects or invest more money in companies planning to do so, joining the growing ranks of insurers taking a more pro-active approach to tackling global warming. The company …