News

Kentucky Homeowners Can Apply for Grants to Help Pay Insurance, Mortgage

Kentucky homeowners affected by the COVID-19 pandemic and economic slowdown can now apply for assistance to help pay insurance, mortgages and property taxes, the state’s governor announced. The program is funded through $85 million from the federal American Rescue Plan …

Hilb Group Acquires Pennsylvania’s Wharton Surety Consultants

The Hilb Group announced that it has acquired Wharton Surety Consultants, expanding its growing presence in the Philadelphia area. The transaction became effective December 31, 2021. Based in Wayne, Pennsylvania, Wharton specializes in surety and fidelity bonding. Serving clients nationwide, …

Florida Senate Takes No Action on Bill to Repeal Malpractice Shield

The Florida Senate appears to have put an end to a bill that would have allowed parents of adult children to sue for damages in medical malpractice cases. The Senate Judiciary Committee last week effectively shelved consideration of Senate Bill …

Labor Department Fines Carolina Restaurant Chains for Child Labor Violations

An investigation by the U.S. Department of Labor has found that four well-known restaurant chains in South Carolina worked teenage employees more hours and later into the night than is allowed by law. The agency fined franchise owners of Subway, …

House Passes Ban on Mandatory Arbitration for Sexual Misconduct Claims

The U.S. House has passed legislation barring contracts that force people to settle sexual assault or harassment cases through arbitration rather than in court, a process that often benefits employers and keeps misconduct allegations from becoming public. The measure, passed …

Risk Strategies Buys Gehring Group in Florida

Risk Strategies, a national brokerage and risk management firm, announced it has acquired the Gehring Group, an employee benefits and risk consulting firm. Based in Palm Beach Gardens, Florida, Gehring provides risk management and benefits management to the public sector …

People Moves: Liberty Specialty Mkts Names Beattie Head of War & Terrorism; New Dawn Risk Hires Aon’s Khan for Professional Risks, Lothbury’s Vernon for Healthcare/Life Sciences

This edition of International People Moves details appointments at Liberty Specialty Markets and broker New Dawn Risk. A summary of these new hires follows here. Liberty Specialty Markets Names Beattie as Global Head of War & Terrorism Liberty Specialty Markets …

Brazilian Miners Likely to Miss Legal Deadline for Removal of Tailings Dams

Vale and other Brazilian mining companies are set to miss a legal deadline in the state of Minas Gerais for the removal of all tailings dams built using a method linked to past collapses, and the industry is seeking to …

UK Insurer Beazley Sees Opportunity (and Risk) in Cyber Market

UK insurer Beazley Plc returned to profit last year, helped by what it sees as “encouraging” trends in the cyber market. With ransomware attacks becoming more prevalent, the company sees still more opportunity in a market where some peers fear …

10 Cyber Attacks in 2021 Cost $600M With 40,000 Businesses Put at Risk

In just 10 cyber incidents last year, over $600 million in cash was stolen or taken as ransom, tens of millions of citizen records stolen, 40,000 businesses’ IT operations put at risk, one billion airline passenger details compromised and at …

News Archives by Month