March 3, 2021
Hub International Limited (Hub), a full-service global insurance broker based in Chicago, has acquired the assets of Wellspring Insurance Agency Inc., located in Argyle, Texas. Terms of the transaction were not disclosed. Wellspring Insurance Agency is an independent employee benefits …
March 3, 2021
An Ohio roofing contractor has been cited by federal workplace safety officials after a 14-year-old boy who was working on the roof of a Berea, Ohio, townhome without required fall protection suffered critical injuries when he fell 20 feet to …
March 3, 2021
St. Louis, Mo.-based Valley Insurance Agency Alliance (VIAA), a network of agencies in Missouri and Illinois, has appointed Josh Coffman as alliance coordinator and Denise Wilkerson as personal lines specialist. Coffman will manage the technology, system processing, and analytic programming …
March 3, 2021
BRUSSELS – Aon will face a list of objections by the EU’s antitrust watchdog which it must overcome with concessions to proceed with its $30 billion bid for Willis Towers Watson, two people familiar with the matter said. The negotiations …
March 3, 2021
Brexit starts a new chapter for Britain to think “creatively” about keeping the UK an attractive location for international financial services companies, Britain’s finance minister Rishi Sunak told the Bank of England. Britain left the EU’s single market on Dec. …
March 3, 2021
Nevada officials are preparing to cede decision-making power over the state’s coronavirus measures to county officials. In the five rural counties that have passed resolutions condemning the restrictions, it’s unclear how much will change. “We just plan to continue as …
March 3, 2021
Colorado’s Senate tentatively endorsed a bill this week to eliminate a six-year statute of limitations for victims of child sexual assault to pursue civil action against perpetrators, an effort lawmakers have struggled with for years. The bipartisan bill faces a …
March 3, 2021
The Boy Scouts of America submitted a bankruptcy reorganization plan this week that envisions continued operations of its local troops and national adventure camps but leaves many unanswered questions about how it will resolve tens of thousands of sexual abuse …
March 3, 2021
Thierry Portevin, current global head of property at Allianz Global Corporate & Specialty (AGCS), will be appointed global head of Allianz Risk Consulting (ARC), reporting directly to Tony Buckle, chief underwriting officer Corporate. The appointment is effective on March 8. …
March 3, 2021
The seeds for the rapid disintegration of Lex Greensill’s empire were sown eight months ago, when a little-known Australian insurer called Bond and Credit Company decided not to renew insurance policies covering $4.6 billion in corporate loans backed by the …