June 2, 2021
Climate change protesters continued their focus on Lloyd’s as a major insurer of the fossil fuel industry by setting off a stink bomb in front of the market’s London headquarters. The activist group, Insurance Rebellion, is demanding the UK government …
June 2, 2021
A notorious Russia-linked hacking group is behind the cyber attack against JBS SA, according to four people familiar with the assault who were not authorized to speak publicly on the matter. The cyber gang goes by the name REvil or …
June 2, 2021
SAO PAULO – New management at Brazil’s state-controlled Banco do Brasil SA plans to replace the chief executive of insurance holding BB Seguridade Participacoes SA, Brazilian newspaper Valor Economico reported on Tuesday. Current CEO Marcio Hamilton is expected to be …
June 2, 2021
Arthur J. Gallagher & Co. has acquired Addison, Texas-based LDJ American Online Benefits Group LLC (AOBG). Terms of the transaction were not disclosed. Founded in 2013, AOBG designs, markets and services supplemental health insurance and wellness products, including short-term medical, …
June 2, 2021
Upland Capital Group Dallas-based Upland Capital Group, the excess and surplus (E&S) casualty, property, and specialty insurance provider that launched earlier this year, has hired Mark Jones to be its chief risk officer, chief actuary, and head of Analytics. In …
June 2, 2021
McCOMB, Miss. — A massive fire wrecked a Mississippi city’s train depot and museum, a beloved restored landmark that dates back to McComb’s founding as a railroad town. No cause has been immediately determined for the fire that broke out …
June 2, 2021
MONTGOMERY, Ala. — The Alabama Supreme Court sided with Abbott Laboratories on Friday and threw out a lawsuit filed by Mobile County against the company over the opioid epidemic. In an 8-0 opinion in which one justice recused himself, the …
June 2, 2021
CompWest Insurance has named Ibraheem Mohammed regional manager of business development. Mohammed will be responsible for CompWest’s large account business development, focusing on accounts with annual premiums over $350,000. Mohammed was previously a senior underwriter with The Hartford, and held …
June 2, 2021
Liberty Mutual Insurance has partnered with cyber security rating provider SecurityScorecard to offer complimentary cybersecurity analysis to qualifying clients of its Global Risk Solutions North America and Liberty Specialty Markets units. Through the SecurityScorecard partnership, qualifying policyholders will receive a …
June 2, 2021
Tucson hired a forester. Miami named a heat officer. And Los Angeles appointed a climate emergency mobilization director. Across the United States, cities have launched new programs focused on dealing with extreme weather, reflecting the growing impacts of climate change …