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Vermont Added 45 Captives in 2021

Forty-five new captive insurance companies were licensed this past year in Vermont, making 2021 Vermont’s fourth highest year of growth in its 40-year history. Vermont is now home to 620 licensed captives, consisting of 589 active and 31 dormant captives.. …

Three States, D.C. Sue Google Claiming Location Tracking Violates Users’ Privacy

Texas, Indiana, Washington State and the District of Columbia sued Alphabet Inc.’s Google on Monday over what they called deceptive location-tracking practices that invade users’ privacy. “Google falsely led consumers to believe that changing their account and device settings would …

Amazon Discloses Employee Injury Rates Compared to Peers

Amazon.com Inc .on Monday reported injury figures for 2020 showing worse-than-average safety rates in its U.S. warehouses but a better record than peers in delivery. The online retailer also said staff injuries and illnesses globally that resulted in time away …

Louisiana Homeowners Insurer Americas Placed In Receivership

Louisiana Insurance Commissioner Jim Donelon has placed a homeowners insurance company in receivership after the insurer suffered losses from the combination of Hurricanes Laura, Delta and Zeta in 2020 and Hurricane Ida in 2021. Americas Insurance Company was into receivership …

Sarah Palin’s Positive COVID Test Delays New York Times Defamation Trial

Sarah Palin, the 2008 Republican U.S. vice presidential candidate and former Alaska governor, has tested positive for the coronavirus, forcing a U.S. judge on Monday to delay her defamation trial against The New York Times. Jury selection and opening statements …

People Moves: Brown & Brown Welcomes Zurich’s Batta; Hartford’s Vaughn to Global Specialty; Chubb Names Spitzer Treasurer, Harkin North America CFO

Brown & Brown Names Batta, Raveling, Kusserelis to Key Posts Brown & Brown, a national insurance brokerage firm, has elevated three people to senior leadership positions, the company announced. Anurag Batta, who previously was chief operating officer at Zurich North …

Feds: Louisiana Worker Who Fell 50 Feet Didn’t Wear Lifeline

A worker on a crew replacing corroded grating on an oil platform wasn’t wearing his safety lifeline when he fell to his death off Louisiana in May 2020, the federal offshore safety agency says. The man stood on grating after …

MGA Pen Underwriting Forms 2 New Capacity Deals With QBE Worth £300M

Pen Underwriting announced two new long-term UK capacity deals with QBE in the highly specialist areas of public authority and higher education risks, as well as hazardous goods, environmental industries and tanker transportation. The renewed agreements build on strategic partnerships …

USI Acquires Texas’ D&H Risk Services

USI Insurance Services has acquired Longview, Texas-based D&H Risk Services LLC. Founded in 1936, D&H Risk Services is an independent risk management and employee benefits agency serving businesses and individuals throughout Texas. Terms of the transaction were not disclosed. USI …

People Moves: Marsh Promotes Payne to UK Chair of FINPRO; WTW Hires Smith From Lloyd’s for Digital Trading; Aon Bolsters UK Operations’ Team With 2 Hires

This edition of International People Moves details appointments at Marsh, Willis Towers Watson (WTW) and Aon. A summary of these new hires follows here. Marsh Promotes Payne to UK Chair of FINPRO, Morgan as Head of Professional Liability Insurance broker …

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