Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced it has agreed with activist shareholder Voce Capital Management to change the composition of Argo’s board with the addition of three new directors. The agreement ends a contentious dispute with Voce, …
A Texas judge ordered conspiracy theorist Alex Jones to pay $100,000 in legal fees and refused to dismiss a lawsuit that targets the Infowars host for using his show to promote falsehoods that the 2012 Sandy Hook massacre was a …
Three people were hurt in an explosion at a South Dakota petroleum distributor on Dec. 30, the company’s co-owner said. The explosion happened around 2 p.m. in the truck maintenance shop of Harms Oil just west of Aberdeen. Co-owner Jason …
Failures in leadership at the scene of a March house fire in southern Illinois contributed to the death of a firefighter, state investigators concluded. Godfrey Fire Capt. Jake Ringering was killed and three other firefighters were injured on when a …
An Alaska air carrier that suffered a cyber attack has experienced more disruption than initially projected, according to a company announcement. The RavnAir Group on Dec. 20 experienced what it called a “malicious” cyber attack on its information technology network, …
A financial tug-of-war is emerging over the $13.5 billion that the nation’s largest utility has agreed to pay to victims of recent California wildfires, as government agencies jockey for more than half the money to cover the costs of their …
The risk management society, RIMS, announced that Laura Langone, head of Insurance Operations at Airbnb, Inc., will lead the association as president for the 2020 term. As president, Langone is succeeding Gloria Brosius, who is director of Risk Management and …
Allianz Holdings plc, the U.K. subsidiary of Allianz SE, has completed its planned acquisition of the remaining 51% of LV General Insurance Group (LV GIG) from Liverpool Victoria Friendly Society (LVFS). The total consideration by Allianz for 100 percent of …
Bold Penguin, a commercial insurance exchange technology platform launched in 2016, announced it has acquired xagent, an independent, single-entry, multi-quote platform for standard and surplus lines business insurance market. Bold Penguin said the transaction will allow it to better serve …
Optisure Risk Partners has hired five individuals as the company continues its growth trajectory. Three new producers joined the organization: Heather Galloway joined Optisure as a sales executive and brings more than 20 years of experience in personal lines insurance …
