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Nexus Rebrands Equinox Global as Nexus Specialty in the U.S.

London-based managing general agent Nexus Group announces the rebranding of Equinox Global Inc. in the U.S. as Nexus Specialty Inc. Nexus said the move will enhance the company’s aim to build both through acquisition and organically to become a leading …

New EU Brexit HQs Opened by U.K. Financial Firms Face Watchdog Checks in 2020

New European Union hubs opened by British-based financial firms to avoid Brexit disruption will be scrutinized next year by the bloc’s markets watchdog to check whether they are gaming licensing requirements. This signals how the bloc will keep up pressure …

Ascot Launches U.S. Management Liability and Financial Institutions Unit

Ascot is launching a Management Liability and Financial Institutions group, led by Ryan Becker as executive vice president. The new group will offer a wide range of admitted and non-admitted, primary and excess directors & officers (D&O) and financial institutions …

Vale CEO Received Emailed Warning Ahead of Brazil Dam Collapse: Report

The former chief executive of Brazilian iron ore miner Vale received an anonymous email weeks before the deadly collapse of a tailings dam at Brumadinho in January 2019 warning about “dams at their limit,” according to the findings of an …

Vaping Firm Juul Disregarded Early Signs It Was Hooking Young Users: Reuters

The San Francisco startup that invented the groundbreaking Juul e-cigarette had a central goal during its development: captivating users with the first hit. The company had concluded that consumers had largely rejected earlier e-cigarettes, former employees told Reuters, because the …

Spanish Companies, Including Radio Network, Hit by Cyber Attack

A cyber attack has hit Spanish companies including Cadena SER radio, Spain’s National Security Department said on Monday. The virus affected Cadena SER’s local broadcasts, although national output was not affected, said the broadcaster which has a chain of local …

Exits of McDonald’s Executives Show Risks of Missteps in #MeToo Era

McDonald’s Corp. has been working hard to fend off accusations it overlooks workplace harassment and abuse. So when it came to light that its chief executive officer was in a relationship with a colleague, the board had little room to …

AccuRisk Solutions Completes Acquisition of M-D Underwriting of Tennessee

AccuRisk Solutions LLC has completed its acquisition of M-D Underwriting Services, Inc. (MDU), a Franklin, Tenn.-based medical stop loss MGU. AccuRisk CEO Dan Boisvert said the company will add MDU President and Cathy Guenther and her team to AccuRisk. He …

Sinkhole Opens Under Florida Condo Building

Authorities say 13 people were evacuated after a possible sinkhole opened outside a condominium complex in central Florida. An advisory from Alert Seminole County says 16 units at Royal Arms Condominiums were affected by the sinkhole that opened last Tuesday …

Iowa Board Backs Adding PTSD to Medical Marijuana Program

An Iowa state board has recommended that medical marijuana should be a prescription option for treating post-traumatic stress disorder and intellectual disability with aggression, but it rejected the drug for two other conditions petitioners had requested. The Iowa Medical Cannabidiol …

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