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People Moves: Groundspeed Adds Three Executives; Alera Appoints Reyes as Associate General Counsel, M&A

Groundspeed Adds Three Executives Ann Arbor, Michigan-based Groundspeed, a provider of SaaS-delivered smart submission and analytics solutions to the property & casualty insurance industry, has hired three key executives in the past few months: Vishal Srivastava as Vice President of …

People Moves: Brace Underwriting Adds Dorr; Brown & Riding Expands in New York; Mead Heads Vermont Captives

Brace Bolsters North America Team with Dorr Brace Underwriting Limited announced the appointment of Glenn Dorr as head of distribution, North America, continuing the firm’s expansion. Based in Boston, Dorr will help Brace grow by identifying strategic areas of opportunity …

Judge Awards $40 Million to Lawyers in Flint, Michigan Water Settlement

A judge awarded about $40 million to the lead attorneys in a $626 million settlement for Flint residents and property owners whose water was contaminated with lead, but millions in additional legal fees will also be carved out as claimants …

Chicago Blackhawks Fire Minor League Trainer After Alleged Sexual Harassment

The Chicago Blackhawks fired a longtime minor-league trainer in November after he was accused of sexual harassment. The alleged harassment by Rockford IceHogs trainer D.J. Jones occurred in 2014, the Blackhawks said in a statement. The allegations were reported to …

Report: Blocked Intake May Have Led to Ohio Hotel CO Emergency

A blocked fresh-air intake at a hotel pool equipment room may have been to blame for a carbon monoxide buildup that sent more than a dozen people to hospitals more than a week ago, authorities said. A report by the …

Insurance Technology: Betterview Features Defensible Space; Clara Analytics Tackles Commercial Auto; Ascend Raises $30M for Premium Finance

Betterview, an insurtech provider of property intelligence to property/casualty insurance companies, now has available what it calls its Defensible Space feature that enables insurers using the company’s Remote Property Intelligence Platform to better protect vulnerable properties against catastrophic weather damage. …

SCOR Reports 19% Premium Growth in January Renewals, Average Price Hikes of 4.9%

SCOR reported 19.0% premium growth during the January property/casualty (P/C) reinsurance renewals and an overall average P/C price increase of 4.9%. SCOR said the 19% premium growth figure includes a large structured transaction in Europe on a non-catastrophe-exposed and well-balanced …

States Eligible for $725M a Year to Clean Up Abandoned Coal Mines

The Biden administration on Monday said $725 million in federal funds would be available to states this year to clean up abandoned coal mines, one of several initiatives aimed at reducing pollution from decades of fossil fuel development. The money …

One in Four UK Properties at Risk of Flood, New JBA Model Reveals

One in four UK properties are at risk of flood, according to new analysis from JBA Risk Management. The flood specialist’s new UK Flood Model, launched last week, also highlights an estimated annual cost of £527 million (US$712.7 million) to …

People Moves: QBE Promotes Shallow as Head of Marine; Beazley Names MS Amlin’s Hunter for Open Mkt. Property; TigerRisk Hires Liberty’s Hodges for Analytics, Int’l

This edition of International People Moves details appointments at QBE, Beazley and TigerRisk Partners. A summary of these new hires follows here. QBE Promotes Shallow as Head of Marine QBE has appointed Kevin Shallow as director of Underwriting and product …

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