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Willis Appoints 4 Directors, Including Former Lloyd’s CEO Beale, After Activist Pressure

Willis Towers Watson PLC, which has been under pressure from activist investor Elliott Management, appointed four new directors on Thursday as it looks to turn around its business following a botched merger with rival Aon Plc. Inga Beale, the former …

People Moves: Changes at the Top at Marsh McLennan, Marsh and Guy Carpenter

Doyle: MMC Group President, COO; South: President, CEO, Marsh; Klisura: President, CEO, Guy Carpenter; Donnelly: President, Marsh US and Canada. Marsh McLennan announced changes to its executive committee effective January 1, 2022. The company has promoted John Doyle to group …

Michigan Man Pleads Guilty in $1.6 Million Unemployment Insurance Scam

A Detroit man pleaded guilty today to wire fraud and identity theft in a scheme to defraud nine states out of more than $1.6 million in unemployment insurance benefits, announced Acting United States Attorney Saima Mohsin. Joining in the announcement …

People Moves: SiriusPoint Appoints Bernina Re’s Kull as CRO; Hiscox Names Breeze Interim CFO; Tysers’ Simpson Leads BMS’ Terrorism, Political Violence Team

This edition of International People Moves details appointments at re/insurer SiriusPoint, insurer Hiscox and broker BMS. A summary of these new hires follows here. SiriusPoint Appoints Bernina Re’s Kull as CRO SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, has …

Kansas School District to Pay $295,000 to Family of Girl Stalked by Teacher

A suburban Kansas City, Kansas, school district secretly agreed earlier this year to pay $295,000 to the family of an Olathe elementary student who was stalked by a now-jailed former teacher. Olathe Public Schools finalized the settlement back in May …

4.0 Magnitude Earthquake Strikes Southeast Missouri

A 4.0 magnitude earthquake struck southeast Missouri late Wednesday, Nov. 17, according to the United States Geological Survey earthquake map. The earthquake hit northwest of Poplar Bluff, a town with a population of approximately 17,000. The earthquake struck just before …

Where Insurance Prices Will Moderate in 2022. And Where They Probably Won’t.

Commercial insurance prices in general should stabilize in 2022, although not in cyber where increases from 50% to as much as 150% could be in store, according to one brokerage’s predictions Willis Towers Watson also said in a report that …

Hair Affair: Carolina Man Claiming Hair in Burger Charged with Insurance Fraud

A Georgia man who claimed he found a hair in his McDonald’s hamburger has now been charged with insurance fraud. Ronnie Bernard Truesdale, 41, of Raleigh, was arrested this week after authorities determined that he had manipulated an image in …

Transgender Woman Sues in California After Cell Beating

A transgender woman is suing the San Diego County Sheriff’s Department after she was placed in a jail cell with three men and beaten so badly that her jaw was broken, according to the lawsuit. Kristina Frost was “viciously attacked” …

Boston Police Detective Who Alleged Sex Discrimination Awarded $2M

A federal jury has awarded $2 million to a high-ranking Boston police detective who said in a lawsuit against the department and her former supervisor that she was the victim of gender discrimination. The jury Monday after a four-week trial …

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