Lockton, the world’s largest privately held insurance broker, has appointed Gareth Davies as senior vice president, Property, in Bermuda. He will focus on growing the business, particularly in the property area, in a market that could be difficult over the …
U.S. money managers with reinsurance companies in Bermuda and the Cayman Islands could lose a valuable loophole under Republican proposals to overhaul the tax code unveiled on Thursday. The plan includes a 20 percent excise payment on payments from domestic …
Bermuda-based Fidelis Insurance announced it has launched its first managing general agent (MGA), called Radius. The MGA will be run by Rob Ashton and will focus on niche specialty treaty excess of loss business, such as cyber, nuclear and personal …
Global regulators have given themselves more time to bridge transatlantic differences that have delayed the world’s first capital rule for insurers, raising a cheer in the sector. The International Association of Insurance Supervisors (IAIS) said its members have agreed in …
Managing general agency and surplus lines underwriter, J.M. Wilson, has hired Kathy Gross as assistant transportation underwriter in its Arlington Heights, Illinois, office. Gross is responsible for assisting underwriters on a wide variety of commercial transportation risks, as well as …
A jury has awarded the parents of a medical school student killed in a 2015 Florida crash $45 million in damages. Twenty-nine year old Raymond Astaphan was killed along Interstate 75 as he crossed paths with a flatbed tractor-trailer hauling …
Authorities in Georgia say a man is dead after being caught in a piece of machinery at a plant in north Georgia. Whitfield County Coroner Greg Bates told The Atlanta Journal-Constitution that 51-year-old Jesus Pimentel was caught between a moving …
Prospect General Insurance Agency has expanded its admitted residential flood insurance product, Flood Guard, into Arizona. Flood Guard provides residential flood coverage and is an alternative to the National Flood Insurance Program (NFIP). Through its rating algorithm and online platform, …
Brentwood Services Inc. (BSI), headquartered in Brentwood, Tenn., has appointed Jason Tucker to the position of senior accountant in the Accounting Department, according to Jeff Pettus, chief operating officer of Brentwood Services Inc. Tucker is responsible for compiling, analyzing, and …
San Francisco, Calif.-based Cooper & McCloskey Inc. Insurance Brokers has named Jack Witherspoon the lawyers professional liability team leader. Witherspoon will be responsible for leading and managing the CMI LPL team, driving new business, and cultivating and managing existing retail …
