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People Moves: Johnston, Skiba Join Irwin Siegel; MEMIC Adds Newton, Cosey; O’Neill Joins McGriff

Irwin Siegel Adds to Executive Management Team Rock Hill, New York-based program manager Irwin Siegel Agency (ISA) announced two additions to its executive management team. Jennifer Johnston has joined the company as vice president of Underwriting in ISA’s newly formed …

Sandy Hook Families to Focus on Gun Marketing After $73M Settlement

After agreeing to a $73 million lawsuit settlement with gun-maker Remington, the families of nine Sandy Hook Elementary School shooting victims say they are shifting their focus to ending firearms advertising with macho, military themes that exploit young men’s insecurities, …

People Moves: Groenheide to New Paradigm in Florida

Matt Groenheide, previously with GuideOne Insurance, HDI Global and Zurich, has joined New Paradigm as senior vice president and director of specialty programs. Groenheide will lead a program that matches parametric risk transfer with conventional insurance and reinsurance, the Fort …

EU Orders Hungary to Cancel Its Veto of Sale of Aegon Unit to Vienna Insurance

Hungary was ordered by the European Union to cancel its decision to block the sale of Dutch insurer’s Aegon NV’s local unit to Vienna Insurance Group AG. The European Commission gave Hungary a March 18 deadline to withdraw the deal …

People Moves: Insurtech BOXX Canada Hires Beazley’s Baker as President; Williams Takes Role of M.D., Hiscox Guernsey; AXA XL Names Wells U/W, Marine – UK & Lloyd’s

This edition of International People Moves details appointments at insurtech BOXX Insurance, Hiscox and AXA XL. A summary of these new hires follows here. Cyber Insurtech BOXX Canada Hires Beazley’s Baker as President Toronto-based global insurtech BOXX Insurance announced the …

3 in Louisiana’s Camp Minden Explosion Case Owe $140K to $34.8 Million Restitution

Three of the men who pleaded guilty in connection with what a prosecutor called the nation’s worst dumping of explosives still owe substantial restitution _ one for nearly all of the $34.8 million he was ordered to pay, federal prosecutors …

Chinese Authorities Tell Banks, State-Owned Firms to Report Exposure to Ma’s Ant Group

Chinese authorities told the nation’s biggest state-owned firms and banks to start a fresh round of checks on their financial exposure and other links to Ant Group Co., renewing scrutiny of billionaire Jack Ma’s financial empire, according to people familiar …

Popular Tulsa, Oklahoma Restaurant, Music Venue Burns

A popular Tulsa barbecue restaurant that also served as a music venue has burned, fire officials said. BurnCo Barbecue was reported on fire about 10:30 p.m. Feb. 16, according to the Tulsa Fire Department, and District Chief Bryan Hickerson told …

Bird Flu Found at Fourth Indiana Turkey Farm

Avian influenza has been detected in a fourth commercial poultry flock in southern Indiana, state officials said Feb. 19. Laboratory testing of a second commercial flock of turkeys in Greene County has come back as presumptively positive for the virus, …

Prospective Investors in Giant LIC IPO Worried About Gov’t Control of Insurer: Sources

Prospective investors in Life Insurance Corp. of India’s (LIC) $8 billion IPO are seeking assurances from company management that it will not sacrifice their interests to meet the goals set out by the government, its controlling shareholder, sources said. In …

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