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People Moves: Hamilton Appoints Brown as Chair of Board of Directors; Canopius Taps Hartley From AXIS to Lead New Aviation Reinsurance Business

This edition of International People Moves details appointments at Hamilton and Canopius Group. A summary of these new hires follows here. Hamilton Appoints Brown as Chair of Board of Directors Hamilton Insurance Group Ltd. announced that David A. Brown, a …

Acrisure Acquires Portuguese Broker Universalis

Acrisure, the Grand Rapids, Mich.-based insurance broker and fintech specialist, announced it has signed an agreement to acquire one of Portugal’s leading insurance brokers, Universalis (trademark of Corpos – Corretora de Seguros, Lda). The transaction is under review by the …

Survey: Texas Employer Participation in Workers’ Comp System up to 75%

A survey from the Texas Department of Insurance, Division of Workers’ Compensation’s Research and Evaluation Group found that employer subscription in workers’ comp increased to 75% in 2022, up from 72% in 2018. Texas allows employers to decide whether or …

Last Ship Leaves Ukraine Port With Fate of Black Sea Grain Deal in Russia’s Hands

The last ship left a port in Ukraine on Wednesday under a deal allowing the safe Black Sea export of Ukraine grain a day before Russia could quit the pact over obstacles to its grain and fertilizer exports. The DSM …

Trans Worker Says Texas-Based Railroad Wouldn’t Promote Her

OMAHA, Neb. (AP) – A former BNSF worker who was named one of the railroad’s employees of the year in 2021 for her work in supporting LGBTQ+ workers is now suing the railroad where she worked for 30 years, saying …

Insurtech WeFox Raises $110 Million in Extension to 2022 Funding Round

Wefox Holding AG, an insurance-technology firm based in Berlin, raised $110 million to build a platform that will make its technology available to other insurers. JPMorgan Chase & Co. and Barclays Plc provided half the funds as a revolving credit …

Specialist Risk Group Acquires UK Specialist Broker TLO Risk Services

Specialist Risk Group (SRG), the London-based insurance broker, has acquired TLO Risk Services, the professional risk specialist broker, which will play an integral role in the development of SRG’s professional lines capability. Financial details of the deal were not disclosed. …

Viewpoint: Should Insurance Drive Increased Firearm Safety?

It seems almost weekly there is a story or two in the national headlines addressing gun violence in the U.S., and a recent Insurance Journal story indicated respondents of a survey thought insurance could have a role in firearm safety. …

Insurance Journal, Carrier Management & Claims Journal Staffs Win Awards of Excellence

Wells Media Group publications, online, research and podcasts have won a total of nine 2023 Azbee Awards of Excellence from the American Society of Business Publication Editors (ASBPE). “Being recognized by our publishing peers is truly gratifying,” said Andrea Wells, …

Top Cyber Insurers: 2022 Ranking Reveals Sprinters, Market Share Shifts

In a year when cyber insurers notched the third-lowest industrywide loss ratio since 2015, and cyber premiums vaulted to $7.2 billion, a premium ranking shows two carriers growing more than 150% to landing in prominent top-10 spots. Fitch compiled and …

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