Missed Deadline Costs Harvard $15M in Insurance for Admissions Policy Defense November 3, 2022 By Andrew G. Simpson Harvard University’s failure to notify its insurer by the policy deadline has cost it up to $15 million in insurance...
People Moves: Newfront in California Adds Kaplan; Woodruff Sawyer Names Dorsey Vice President November 3, 2022 Newfront, the tech-driven insurance brokerage based in San Francisco, announced that former Microsoft leader Greg Kaplan, CFA, will serve as...
Lloyd’s Insurer Ascot Resumes Quoting Cargo Insurance for Black Sea Grain Shipments November 2, 2022 Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor,...
Alliant Acquires New Jersey’s Trivedi Capacity Associates and Risk Purchasing Group November 2, 2022 Alliant Insurance Services has acquired New Jersey-based Trivedi Capacity Associates, further expanding its reach in the community association and condominium...
Missouri State Employee Indicted for Stealing $140K in Unemployment Insurance Funds November 2, 2022 A Missouri state employee has been indicted on three federal felony charges and accused of using her position to send...
CNA Records 50% Drop in Q3 Net Income November 2, 2022 Net income at CNA Financial Corp. was down 50% for third quarter of 2022 compared to the prior year quarter,...
U.S. Regulators Seek More Info on Texas Freeport LNG Plant Before Restart November 2, 2022 U.S. federal regulators have told Freeport LNG to provide information needed for the planned restart of its liquefied natural gas...
Arthur J. Gallagher & Co. Acquires Texas’ Tejas American General Agency November 2, 2022 Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc....
Marsh McLennan Acquires Texas-Based Focus November 2, 2022 Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced the acquisition of Focus Insurance, a leading personal insurance brokerage firm...
FedEx Will Appeal $366 Million Jury Award in Worker’s Racial Bias Case November 2, 2022 FedEx Corp. said it will challenge what may be the largest-ever jury verdict won by a worker suing over racial...