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 …
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 …
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 …
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 …
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 …
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 …
Hiscox, the Bermuda-based specialist global insurer, announces the appointment of Jon Dye as its new UK CEO, effective September 2022, subject to regulatory approval. In his new role, Dye will be responsible for leading Hiscox’s flagship retail business in the …
For more than 50 years, insurers have known that their duty to defend a Texas policyholder from a lawsuit must be decided based only on the language of the insurance contract and the allegations made by the plaintiff. The so-called …
An auto insurer is not required to pay underinsured motorist benefits to the son of man who was killed in an auto crash because the father was not insured by its policy, the Wisconsin Supreme Court ruled Tuesday in an …
The headlines in 2016 provoked an outcry across Georgia: A man stole a car near the Atlanta airport, fled from police in a high-speed chase, then crashed into another vehicle, killing a woman and her two grandchildren. Six years later, …
