A business coalition is asking a judge to stop state officials from imposing a fee on assets of Montana’s workers’ compensation fund to plug a budget gap. The suit filed Monday in state District Court in Lake County says employers …
A 7.9 magnitude earthquake struck off Alaska’s Kodiak Island early Tuesday, prompting a tsunami warning for a large swath of the state’s coast and sending some residents fleeing to higher ground. Officials at the National Tsunami Center canceled the warning …
Optiv Security, an acquisitive Denver-based company backed by private equity firm KKR, is expanding into Europe where it will offer its cyber security management and consultancy services, executives said on Tuesday. Optiv also is looking to roll-up independent security firms …
Global broker Lockton has appointed Debbie Goldstine to executive vice president and U.S. casualty leader. In this expanded role, Goldstine will support Lockton clients and advise associates and clients on marketplace and emerging risk trends. Goldstine is a 20-year industry …
Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of the Irwin Siegel Agency Inc. (ISA). Terms of the agreement were not disclosed. ISA is a human and social service managing general underwriter and …
Optisure Risk Partners, based in Manchester, N.H., has hired Reid Sterrett as life practice manager, reporting directly to Optisure CEO Peter R. Milnes. Sterrett will be based in Hartford, Conn., and will serve as a contributing member of the Optisure …
Hartford InsurTech Hub, powered by Startupbootcamp, has announced a partnership with Crawford & Company, a publicly listed independent provider of claims management to insurance companies and self-insured entities. The partnership was formed through Crawford Innovative Ventures LLC, an entity created …
New York City on Tuesday sued eight companies that make or distribute prescription opioids, blaming them for fueling a deadly epidemic afflicting the most populous U.S. city. Mayor Bill de Blasio said the lawsuit sought $500 million of damages to …
QBE announced to the market this week that it expects a US$1.2 billion after-tax loss in 2017 on “unprecedented” natural catastrophe claims. “This has been a challenging year for QBE, reflecting an unprecedented cost of catastrophes as well as the …
The Worldwide Broker Network (WBN) announced the appointment of Larry Mojumdar, CEO of Mojumdar & Co. Ltd., of Tokyo, to its board of directors. Mojumdar & Co. was established in 1955 in Tokyo. The company sells insurance products to both …
