Zurich Insurance Group will drop out of Russia’s Nord Stream 2 project in the face of looming U.S. sanctions against European companies that support construction of the $11 billion gas pipeline, two sources familiar with the situation said. The U.S. …
Several north Georgia counties are getting federal aid to repair infrastructure and clean up damage from Hurricane Zeta in October. The storm, which made landfall in Louisiana, blew over trees in metro Atlanta and areas to the north, causing widespread …
Clovis, Calif.-based Sierra Specialty Insurance Services has added Chris Sunderland as a senior property/casualty underwriter. Sunderland previously co-founded International Property & Casualty Insurance Brokers of Nevada Inc., which was recently acquired by Platinum Specialty Underwriting, a division of XPT Group, …
U.S. lawmakers are moving ahead with efforts to ban facial recognition software even as the technology helps identify supporters of President Donald Trump who ransacked their workplace and forced them to evacuate this month. Researchers and law enforcement have been …
AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s strong risk-adjusted capitalization and profitable underwriting performance in private passenger automobile, as well as underwriting actions benefiting the homeowners segment. …
Constellation Affiliated Partners (Constellation) has acquired INSUREtrust, a specialty wholesale broker and MGA headquartered in Atlanta, Ga. Financial terms of the transaction were not disclosed. INSUREtrust, founded by Steve Haase in 1997, is a specialty wholesale broker and managing general …
Bender Insurance Solutions in Sacramento, Calif., has named Roland Guillen vice president of alternative risk markets to commercial insurance clients. Guillen oversees the growth of the Captive and Alternative Risk Market business as well as large complex risks, in addition …
Newfront Insurance in San Francisco, Calif., has brought Nichole Parker on as a principal and employee benefits producer. Parker joins Newfront from TSM Insurance and Financial Services Inc., where she was heading the individual and medicare services divisions. Newfront is …
AXIS Capital Holdings Ltd. said it won’t insure oil and gas projects in the Arctic National Wildlife Refuge, becoming the first North American underwriter to make the commitment after pressure from native Alaskans and environmentalists. The move follows similar pledges …
A state board has suspended the license of a Wisconsin pharmacist accused of ruining more than 500 doses of COVID-19 vaccine because he thought it was unsafe. Steven Brandenburg was working at Advocate Aurora Health in Grafton, about 20 miles …
