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Arkansas Treasurer Settles Civil Rights/Disability Lawsuit

Arkansas Treasurer Settles Ex-Employee’s Civil Rights/Disability Lawsuit Arkansas’ treasurer has settled a federal lawsuit filed against him by a former employee when he served as the Saline County clerk. An attorney for Republican Treasurer Dennis Milligan said his client reached …

Placing Platform Ltd. Selects Ebix for London Market Implementation

The Board of Placing Platform Limited (PPL) announced that, after a tender exercise, it has selected Ebix as its preferred software supplier. The Board acted on behalf of the International Underwriting Association (IUA), the London & International Insurance Brokers’ Association …

N.H. Senate Amendment Would Change Who Polices Public Risk Pools

The New Hampshire Secretary of State’s office could lose its ability to oversee a public risk pool it’s had issues with for years, if a last-minute amendment to the state Senate budget remains in place. The New Hampshire Senate Finance …

Patriot National Acquires Brandywine Insurance Advisors in Pennsylvania

Fort Lauderdale, Florida-based Patriot National Inc. announced that it has acquired Brandywine Insurance Advisors, a specialty insurance brokerage focusing on the construction industry. Patriot National said the total purchase price, assuming all earn-out criteria are met, would be $4.2 million. …

Opening Statements Set for Tuesday in Criminal Trial of Dewey Trio

Nearly three years after the demise of law firm Dewey & LeBoeuf, three of its former top executives will go on trial on charges they cooked the books in an attempt to stave off the largest law firm collapse in …

Bird Flu Expected to Wane in U.S. as Weather Warms

An epidemic of bird flu that has devastated U.S. poultry flocks this year is likely to be under control within four months as the United States steps up measures to contain the virus, the head of the World Organization for …

Banks Scuttle MasterCard Settlement with Target Over Data Breach

A proposed $19 million settlement between MasterCard Inc. and Target Corp. over the retailer’s 2013 data breach fell through after not enough banks accepted the deal, the credit card company said on Thursday. The agreement, announced in April, would have …

SCOR Appoints Alridge as Chief Compliance Officer

Global reinsurer SCOR has appointed Spencer Alridge as Group chief compliance officer of the company’s Central Group Functions. Alridge will report to Romain Launay, general secretary, as of June 1. He will be based in Charlotte, N.C. Alridge began his …

A.M. Best: Nigeria Insurance Sector Offers Significant Potential for Investors

Although fluctuating oil prices threaten Nigeria’s economic expansion, the country’s insurance sector offers significant potential for foreign investors attempting to build a profile in the market, according to A.M. Best in a special report. In the new report entitled “Nigeria’s …

Generali Reorganizes German Business to Enhance Competitive Position

Generali is reorganizing its German market business with an aim to enhance the competitive position of the group by the end of 2018. The company is instituting simpler and business-focused governance, a stronger focus on distribution strengths, a modern and …

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