December 5, 2019
A second owner of a Vermont spa has pleaded guilty to setting the business on fire a year ago. Kristopher Kirby of East Montpelier, co-owner of the Sundara Day Spa in Berlin, pleaded guilty Monday to a felony count of …
December 5, 2019
Publicly traded U.S. insurance brokers are expected to produce strong revenue growth for 2020 given near peak level organic growth and favorable U.S. commercial lines insurance pricing trends. Further, margins remain consistent with investment-grade ratings and are expected to be …
December 5, 2019
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Dana Railcare, based in Wilmington, Del., for confined space hazards after an employee fatality in Pittston, Penn. The railcar service provider faces $551,226 in proposed penalties. An …
December 5, 2019
A Connecticut jury has awarded more than $23 million in damages to an autistic teenager who suffered severe head injuries when his school bus crashed into a tree. Gabriel Goncalves, of Wolcott, was a sixth-grader at the time of the …
December 5, 2019
Trov has rolled out its digital renters insurance application, an end-to-end product brought to market by a unit of Lloyds Banking Group in the U.K. Trov, an insurance technology company, said the product enables renters to activate their base home …
December 5, 2019
Lloyd’s has launched a new multi-million-pound space insurance policy for the emerging private spaceflight industry. The product is designed to cater to the distinct needs of a rapidly growing new space sector, which, according to Lloyd’s, could be the driving …
December 5, 2019
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of North Sydney, New South Wales, Australia-based Blueleaf Consulting Pty Ltd. Terms of the transaction were not disclosed. Founded in 2006, Blueleaf Consulting is a holistic financial …
December 5, 2019
Catalina Holdings (Bermuda) Ltd., the legacy re/insurance specialist, has reached an in principle agreement to acquire Asia Capital Reinsurance Group Pte. Ltd. (ACR), a Singapore-based reinsurance business. The acquisition is expected to close in the first half of 2020, subject …
December 5, 2019
Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its global surety team with the addition of Andrew Adams as head of Surety in Canada. In this new role, Adams will establish and expand BHSI’s contract and commercial surety relationships …
December 5, 2019
J.M. Wilson has promoted Adam Mandwee to senior fleet underwriter in its Portage, Michigan, office. Mandwee is responsible for evaluating transportation fleet submissions (11-plus units); quoting new and renewal transportation fleet business, binding and servicing new and existing policies, and …