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People Moves: Roach Joins Alliant’s Employee Benefits Group in Minnesota

Roach Joins Alliant’s Employee Benefits Group in Minnesota Alliant Insurance Services, headquartered in Irvine, Calif., named David Roach as vice president of its employee benefits group in the Midwest. Based in Minneapolis, Minn., Roach joins Alliant with more than 15 …

Independent Insurance Agents of Wisconsin to Celebrate 125 Years at InsurCon2024

The Independent Insurance Agents of Wisconsin (IIAW) announced they will celebrate 125 years in the insurance industry in 2024. To celebrate this significant milestone, the IIAW is opening registration for its grand celebratory event, InsurCon2024. InsurCon2024, set to take place …

Gunman in Texas Walmart Shooting Ordered to Pay Restitution of $5 Million

AUSTIN, Texas (AP) – A white Texas gunman who killed 23 people at a Walmart in 2019 after ranting about Hispanics taking over the government and economy has agreed to pay more than $5 million to victims of the racist …

People Moves: Sompo Int’l Taps Chubb’s Gossé for Cyber Ins., Continental Europe; Allianz Commercial Names Vogler Chief Regions & Mkts Officer, Succeeding Haagen

This edition of International People Moves details appointments at Sompo International and Allianz Commercial. A summary of these new hires follows here. Sompo Int’l Taps Chubb’s Gossé for Cyber Insurance, Continental Europe Sompo International, the global provider of commercial and …

Ariel Re Relaunches Clean Energy Division, Focusing on Tech Performance Insurance

Ariel Re, the Bermuda-based re/insurer, has relaunched its Clean Energy division as “Ariel Green,” in recognition of the increasingly crucial role of technology performance insurance in accelerating innovation in solar, energy storage, hydrogen, and bioenergy to help curb climate change. …

McKinsey Agrees to Pay $230 Million to Settle More Opioid Suits

McKinsey & Co. is poised to pay $230 million in its latest settlement of lawsuits blaming the company for its role advising opioid manufacturers in their sales of the painkillers. The proposed accord with local governments and school districts filed …

Kia, Hyundai Recall Over 3 Million Vehicles for Fire Risks

Hyundai and Kia are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners to park outside and away from structures until repairs are complete. The automakers say brake fluid leaks …

Tornado-damaged Pfizer Plant in North Carolina Restarts Production

ROCKY MOUNT, N.C. (AP) — A major Pfizer pharmaceutical plant in North Carolina that makes critical supplies for U.S. hospitals has restarted production about 10 weeks after it was heavily damaged by a tornado, the company announced Monday. Getting a …

People Moves: Taylor Joins ReSource Pro as Global Head of Marketing

Taylor Joins ReSource Pro as SVP, Global Head of Marketing ReSource Pro, headquartered in New York, N.Y., named Beth Taylor senior vice president and global head of marketing. Taylor brings over 18 years of experience in global B2B marketing, including …

Rising Claims Costs Limit US P/C Profitability in 2023

While the profitability outlook for the U.S. P/C industry this year is mixed, Swiss Re predicts a stronger year in 2024, as premium increases and interest rates improve industry results. According to the U.S. Property & Casualty Outlook report, the …

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