Ed, the global reinsurance, wholesale and specialty broker, announces the appointment of Colin Kelley as head of Ed’s new Liability Division in Bermuda. Effective immediately, Kelley will lead the professional lines, casualty and healthcare teams. Kelley brings more than 16 …
Coastal nations around the Singapore Strait must step up surveillance and patrols of the strategic waterway after a sharp rise in piracy incidents last year, maritime watchdog ReCAAP said on Wednesday. The number of piracy and armed robbery incidents in …
The World Economic Forum is sounding alarm bells on climate change, with environmental risks occupying the group’s top five long-term concerns for the first time on record. Extreme weather events, the failure of climate-change mitigation, major natural disasters, biodiversity loss …
Cyber incidents rank for the first time as the most important business risk globally, pushing the perennial top peril, business interruption (BI), into second place, according to the ninth Allianz Risk Barometer 2020. Cyber incidents were named by 39% of …
USI Insurance Services has named Peter Gilbertson commercial lines practice leader for the Greater San Francisco Bay Area. Gilbertson, who is based in San Francisco, will be responsible for leading a team of property/casualty professionals in the delivery of risk …
Integrity Insurance, a property and casualty carrier headquartered in Appleton, Wisconsin, has added Jake Huber as territory sales manager for Minnesota. Based in Minnesota, Huber will be responsible for developing and implementing sales action plans with agency partners to drive …
Alera Group, a national employee benefits, property/casualty, retirement services and wealth management firm, has acquired AMCORP, a benefits consulting and financial planning firm located in San Antonio, Texas. Founded in 1981 and led by Vince Zinsmeyer and Craig Zinsmeyer, AMCORP …
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Missouri Valley Mutual Insurance Co. (Missouri Valley) in Burke, South Dakota. Missouri …
Oklahoma Attorney General Mike Hunter on Jan. 13 brought a lawsuit against three distributors of opioids after winning a lawsuit against one drug manufacturer and reaching pretrial settlements in other cases. Hunter filed the lawsuit in Cleveland County District Court …
A former Southern Arkansas University student has settled a lawsuit with the university in Magnolia alleging SAU acted with “deliberate indifference” when she reported being sexually assaulted in 2015. The woman’s filed a Title IX lawsuit in 2018 that said …
