Guy Carpenter, the reinsurance business of Marsh McLennan, announced it had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction were not disclosed. With immediate effect Re Solutions has become …
Liberty Mutual Names Johnson President of Field Operations & Marketing, Global Risk Solutions North America Liberty Mutual Insurance, based in Boston, Mass., appointed Ben Johnson as president of field operations & marketing, Global Risk Solutions (GRS) North America, effective July …
SiriusPoint Ltd., the Bermuda-based re/insurer, announced it has completed a ground-up loss portfolio transfer (LPT) of a portfolio of primarily reinsurance business with the legacy acquisition specialist Compre. This is the second LPT the companies have partnered on. Compre assumed …
Maryland is becoming the latest state to legally sell recreational marijuana, as businesses aim to tap into July Fourth festivities to kick off sales. About 100 stores already licensed to sell cannabis for medicinal purposes were able to begin selling …
Hundreds of Connecticut state police troopers falsified information on at least 26,000 traffic stops from 2014 to 2021, skewing reports on the race and ethnicity of pulled-over motorists, according to an audit released Wednesday. Data analysts with the University of …
A North Carolina amusement park closed one of its roller coasters Friday after a crack was found on a support beam. According to news reports, Carowinds shut down Fury 325. The park’s website advertises the ride as the “tallest, fastest, …
Atlanta Police Department motorcycles were damaged in an intentional fire caused by devices set inside a training facility early Saturday, officials said. The Atlanta Fire and Rescue Department responded to reports of a multi-vehicle fire around 2:20 a.m. and found …
An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a months-long trend of using the world’s oldest and most dangerous vessels. Shortly after President Vladimir Putin’s invasion of Ukraine early last year, hundreds …
Fusion Specialty Europe announces the launch of its Southern Europe branch in Madrid, and the appointment of Filippo Cibin as partner, effective immediately. Cibin will lead the expansion of Fusion into Southern European, as part of its continued growth strategy …
Wind turbines make money when they spin. But when they shake, it can cost billions. Siemens Energy AG is struggling to contain the fallout after discovering a main piece on the frame of its wind turbine can move or twist …
