This edition of International People Moves details appointments at Definity Financial Corp., SCOR and Marsh. A summary of these new hires follows here. Definity Appoints Former Swiss Re Exec Schmid to Board of Directors Definity Financial Corp., the Waterloo, Ontario-based …
A California candymaker must face a lawsuit by an employee who says she caught COVID-19 at work and gave it to her husband, resulting in his death, a state appeals court held on Tuesday, upholding what appeared to be the …
Willis Towers Watson announced it has launched a new risk and analytics model for the trade credit market. The model analyzes clients’ trade receivables to predict potential losses over a range of statistical scenarios. A typical model run covers: Rating …
SINGAPORE – The rapid intensification that turned this week’s Typhoon Rai into the strongest storm to hit the Philippines this year surpassed all predictions, forecasters said, leaving nearly 400 people dead and almost a million displaced. While it’s unclear exactly …
JOHANNESBURG – African insurer Sanlam Ltd. said on Wednesday it was exploring “strategic alternatives” with Germany’s Allianz SE for their respective African businesses, excluding Sanlam’s home market of South Africa. Sanlam, South Africa’s No. 1 insurer, did not elaborate on …
Insurance Office of America Adds Chris Despot Insurance Office of America had Chris Despot to its team as a risk management consultant. While serving all states, Despot brings a new IOA presence in Arkansas, Louisiana, Mississippi, and Texas. Prior to …
A line of severe thunderstorms andtornadoesthat swept across the north-central U.S. last week was the result of a serial derecho _ the first on record in December, officials with the National Weather Service said Dec. 20. At least 45tornadoeshave been …
Coverage disputes often hinge on the exact wording of an insurance policy. In a case in federal court in South Florida, the issue came down to not only the wording, but the punctuation – namely, a question about a single …
Darryl A. Vachon did not accuse Travelers of bad faith in handling his $25,000 uninsured motorist claim until after a jury found he had incurred $1,022,780 in damages. Because he didn’t, the insurer must now defend itself against a million-dollar …
The 2021 Atlantic hurricane season was the third most active on record and the sixth consecutive year of above-average hurricane activity. Still, the overall season was mostly in line with the updated 30-year average, according to experts from AIR Worldwide. …
