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Beazley’s Digital Division Launches, Aiming to Transform Brokers’ Access

Beazley announced that its global digital trading division, Beazley Digital, is up and running. The new hub brings together underwriting, claims, technology and operational experts into one cross-functional team, to deliver seamless digital access and services to a range of …

People Moves: Liberty Specialty Promotes 2, Hires Political Risk U/W; HDI Global Names Röllecke Head of Cyber/Financial; Ex-Lloyd’s CEO Ward Becomes CFC’s Non-Exec. Chair

This edition of International People Moves details appointments at Liberty Specialty Markets, HDI Global and CFC Underwriting. A summary of these new hires follows here. Liberty Financial Risk Solutions Promotes 2, Hires Political Risk Underwriter Liberty Specialty Markets (LSM), part …

Illinois Supreme Court: Privacy Claims Not Barred by Workers’ Comp Act

The Illinois Workers’ Compensation Act (IWCA) does not bar claims for statutory damages under the state’s Biometric Information Privacy Act (BIPA), the Illinois Supreme Court unanimously ruled in a Feb. 3 opinion that could leave employers more vulnerable to a …

Natural Disasters Cost Insurers $116B in 2021, or 63% Higher Than Average: Gallagher Re

Insured losses from major natural catastrophes in 2021 – excluding COVID-related losses – have so far reached an estimated US$116 billion, the third largest total since 2011, and about 63% higher than the average loss of $71 billion since 2011, …

Texas Lumber Company Faces $389K in Penalties After Worker’s Fatal Fall

An investigation by the U.S. Department of Labor’s Occupational Safety and Health Administration into fatal injuries suffered by an 86-year-old worker at a Henderson, Texas sawmill and pallet manufacturer found the company exposed workers to hazardous energy sources and lack …

LMA Announces ‘At-the-Box’ or ‘In-the-Office’ Availability for Lloyd’s Underwriters

The board of the Lloyd’s Market Association (LMA) has announced cross-market consensus on underwriters’ in-person availability – either at the Lloyd’s Underwriting Room or in the office. The commitment ensures Lloyd’s underwriters generally will be physically present for in-person trading …

Giant Maersk Container Ship Towed Free After Running Aground in North Sea

Tug boats have towed free one of the world’s biggest container ships, the Mumbai Maersk, which had run aground off the German island of Wangerooge in the North Sea, Germany’s Central Command for Maritime Emergencies said on Friday. “The Mumbai …

KPMG Sued for £1.3B in UK Over Allegations Carillion Audits Were Negligent

KPMG LLP was sued for 1.3 billion pounds ($1.8 billion) by the administrators of defunct UK contractor Carillion Plc. over allegations its audits were negligent and misleading. The UK’s Official Receiver, acting on behalf of Carillion’s creditors, accused KPMG of …

Health Provider to Pay $75,000 Fine in Texas Religious Discrimination Case

Wellpath, LLC, a provider of health services in correctional facilities, will pay $75,000 and furnish significant equitable relief to settle a religious discrimination suit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. According to …

Family of Unresponsive University of Missouri Student Sues Fraternity Over Hazing

The parents of a Minnesota man allege in a lawsuit that he has been unresponsive and requires constant medical care since being forced to drink a bottle of vodka at a fraternity at the University of Missouri. Daniel Santulli, 19, …

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