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Houston’s HIIG Expands D&O Coverage for Public Companies; Adds Top Talent

Houston International Insurance Group Ltd. (HIIG) is expanding its management liability coverage offerings to include an excess public D&O (directors and officers) product. As part of this expansion, Peter Bujosa has joined the company as Public D&O lead. Bujosa previously …

U.S. Cities Prepare for Possible Election Unrest

Temporary extra fencing has been erected around the White House, plywood affixed to storefronts in Manhattan and the National Guard put on notice in Portland, Oregon, as U.S. cities braced for possible unrest on election day. “We don’t see specific …

Swedish Insurer Folksam Accidentally Leaks Private Data on 1 Million Customers

Sweden’s largest insurer, Folksam, accidentally leaked private data on about one million of its customers to a handful of the world’s largest technology companies, it said on Tuesday. Folksam, which insures 50% of Swedish homes and individuals, shared the data …

Update: China Suspends Ant Group’s $37 Billion IPO

HONG KONG/NEW YORK — China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma. The …

CRC Group Acquires W. Brown & Associates in California

CRC Group has completed its acquisition of W. Brown & Associates Property & Casualty, an Irvine, Calif. -based surplus lines broker and MGA. Brown & Associates will be part of CRC Group’s Commercial Solutions Division. W. Brown & Associates Aviation …

California Voters Deciding Fate of Gig Economy Workers

Trend-setting California votes on the future of the gig economy on Tuesday, deciding whether to back a ballot proposal by Uber and its allies that would cement app-based food delivery and ride-hail drivers’ status as independent contractors, not employees. The …

Analysts, Investors React to China’s Suspension of Ant Group’s Mega IPO

China suspended Ant Group’s $37 billion stock market listing on Tuesday, thwarting the world’s largest IPO with just days to go, in a dramatic move that left investors and bankers scrambling for answers. Following are instant reactions from investors and …

New Jersey Man Charged for Fraudulent Insurance Claim After DWI Wreck

A Roselle, N.J., man has been criminally charged with filing a fraudulent insurance claim for repairs on a luxury vehicle he wrecked while intoxicated earlier this year, acting Union County Prosecutor Lyndsay V. Ruotolo and Roselle Police Chief Brian Barnes …

Hub International Acquires Virginia’s The Olson Insurance Agency, Insure All

Hub International Limited, a global insurance brokerage, has acquired the insurance brokerage assets of The Olson Insurance Agency LLC and Insure All LLC. Terms of the transaction were not disclosed. The owners of The Olson Agency and Insure All, Max …

Robinson+Cole Expands New York Office with Eight Member Financial Lines Team

Robinson+Cole has expanded its New York office with the addition of two partners, John F. McCarrick and Erica J. Kerstein, as well as two counsel, Phyllis A. Ingram and Sedgwick M. Jeanite, and four associates, Meryl E. Breeden, Joseph A. …

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