April 29, 2020
Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth, according to Willis Re’s latest Reinsurance Market Report. This was primarily driven by 2019’s strong investment market performance and was achieved …
April 29, 2020
Alabama Gov. Kay Ivey on Tuesday said that retail stores, beaches and non-emergency medical procedures can resume, with limits, later this week as she announced a loosening of state restrictions because of the coronavirus outbreak. Ivey, a Republican, said a …
April 29, 2020
Assisted Living Concepts LLC, doing business as Enlivant, a national owner and operator of senior living facilities, has settled a federal disability discrimination lawsuit related to a facility in Dallas, Texas. The company will pay a former chef $66,000 and …
April 29, 2020
Randall & Quilter Investment Holdings Ltd., the global program management and legacy acquisitions specialist, announced it has received an equity investment of US$100 million, which is designed to help it capitalize on opportunities in its specialty business areas. R&Q said …
April 29, 2020
Logan Stiner was just days from high school graduation when his brother found him unresponsive in their family’s home southwest of Cleveland, Ohio, in May 2014. Stiner, 18, died of cardiac arrhythmia and seizure from acute caffeine toxicity, a coroner …
April 29, 2020
Two men who were inside a western Iowa gas station and auto repair shop when it was leveled by an explosion are expected to recover from their injuries. Dan Grote, co-owner of Earling Standard Shop, received stitches for cuts and …
April 29, 2020
Workers at 40 Chicago-area nursing homes announced they have set a May 8 strike date over wages as many of the facilities are treating patients suffering from the coronavirus. Members of the Service Employees International Union, which represents more than …
April 29, 2020
Velocity Risk Underwriters LLC has expanded its insurance products for homeowners in coastal areas of Florida and Texas. The company launched Velocity Flex Home as an additional homeowners product in Texas and Florida to give appointed agents the ability to …
April 29, 2020
Independent insurance brokerage Lockton two key leaders to support the company’s planned growth trajectory. Hiram Marrero, currently executive vice president and regional executive officer with Lockton, will assume the role of president, global growth officer, reporting to Ron Lockton, chairman …
April 29, 2020
Specialist insurer Beazley has expanded its mergers & acquisitions (M&A) team with new locations and the appointment of five new underwriters. This follows several years of continuous growth in underwriting transaction risks, Beazley said in a statement. “We have seen …