News

People Moves: ICW in California Names Rathsam CFO, Liberty Mutual Names Mitchell Pacific Field Executive

San Diego, Calif.-based ICW Group Insurance Cos. has named Nicole Rathsam senior vice president, chief financial officer. Rathsam will oversee the company’s premium audit and finance departments. She is in charge of driving the company’s financial strategy to support long-term …

Central Oregon Farmers Struggling in Drought

Cate Havstad-Casad, co-owner of Havstad-Casad Family Farms in Jefferson County, didn’t hold back last week while speaking on a Zoom call with state representatives about the drought conditions affecting farmers in Jefferson County. Speaking during a meeting of the House …

Argo Group to Stop Insuring Canada’s Trans Mountain Pipeline, Joining Other Carriers

Lloyd’s insurer Argo Group has decided to stop insuring Canada’s Trans Mountain tar sands pipeline when its current insurance policy expires on Aug. 31, 2021, following similar moves by other companies such as Zurich Insurance, Talanx and Munich Re. “This …

Busier-Than-Normal Cyclone Season Predicted for East Asian Nations

SINGAPORE – Half of the roughly 20 tropical cyclones expected to form in the western Pacific Ocean through September this year are predicted to hit land in east Asian nations, forecasters said on Friday, making for a season that is …

Texas Records $884.75M in Surplus Lines Premiums in May

The Surplus Lines Stamping Office of Texas (SLTX) recorded a record-breaking $884.75 million in surplus lines insurance premium for May, with a total of $3.63 billion year-to-date. This results in a 14.5% increase in premiums over May 2020, and a …

Florida Surgeon’s Estate Settles with Indiana City over Plane Crash Death

The estate of a Florida plastic surgeon who died in 2019 when his small plane crashed in a central Indiana farm field shortly after takeoff has settled its lawsuit with the city of Kokomo, Indiana. The estate of Daniel Greenwald …

Indiana Cement Plant Fined $730K for Air Pollution

A central Indiana cement plant is facing more than $700,000 in fines under a settlement stemming from alleged Clean Air Act violations for air pollution releases dating back nearly a decade. The settlement filed in federal court calls for Lone …

Ohio School District OKs $3M Settlement in Bullied Child’s Suicide

The parents of an 8-year-old boy who killed himself after being bullied repeatedly at an Ohio school have reached a tentative $3 million settlement with his school district. The agreement will go to the school board for Cincinnati Public Schools …

Odie Pet Insurance Agency Raises $3 Million

Odie Pet Insurance has closed on more than $3 million in new funding to accelerate its growth and invest in technology. California-based Odie Pet Insurance Marketing sells pet insurance plans underwritten by PrimeOne Insurance Co. Inc. and ClearBlue Insurance Group. …

People Moves: Aon’s Wakefield to Gallagher Re as CEO, Succeeding Behagg; Arch’s Rippert as Head of Mortgage at Aspen; Desmond Promoted at Marsh UK & Ireland

This wrap-up of international People Moves details appointments at broker Gallagher Re, Aspen Insurance Holdings’ mortgage team and Marsh’s UK & Ireland construction industry team. A summary of these new hires follows here. Gallagher announced that Tom Wakefield will become …

News Archives by Month