FM Global News

People Moves: FM Global Promotes Johnson and Dempsey in EMEA; Beazley Names Hiscox’s Wilson Head of Open Mkt, London; Rokstone Taps Pickard as D&F Property U/W

This edition of International People Moves details appointments at three insurers: FM Global, Beazley and Rokstone. A summary of these new hires follows here. FM Global Promotes Johnson and Dempsey in Senior EMEA Roles Commercial property insurer FM Global has …

Ohio FM Global Sr. VP, 2 Sons Killed in Suspected Murder-Suicide

Authorities believe a man fatally shot his wife and their two young sons in their northeastern Ohio home before turning the gun on himself. The bodies of Jeffrey Hull, 50; Heidi Hull, 46; Garrett Hull, 9; and Grant Hull, 6, …

People Moves: FM Global Names Broad, Johnson to New Roles; Koller Joins Amlin From Prudential

FM Global Names New Chief Officers of Underwriting and Client Experience FM Global, the Johnston, R.I.-based commercial property insurer, has promoted two of its senior leaders into new roles. Lyndon D. Broad has been appointed senior vice president, chief underwriting …

People Moves: FM Global Expands Executive Team; Pie Insurance Adds 3 Executives

Rhode Island-based commercial property insurer FM Global is making executive management team changes, moving seasoned leaders within the company into newly created roles. Bret N. Ahnell, executive vice president and a 34-year veteran of the company, has been named chief …

People Moves: FM Global Sets CEO Succession; Berkley Fire & Marine and ArgoPro Name Presidents; Next Insurance Adds M&A Chief

FM Global Appoints Roberts as President, Succeeding Lawson Global commercial property insurer FM Global announced that Executive Vice President Malcolm C. Roberts has been appointed president and elected to the company’s board of directors, effective Aug. 1, 2021. He will …

U.S. Court Allows Movie Chain’s COVID Business Interruption Suit Against FM Global

A federal judge in Sherman, Texas on Wednesday ruled against insurer FM Global that sought to dismiss a $500 million COVID-19 business-interruption lawsuit by the nation’s third-largest chain of movie theaters. The decision broke a month’s-long losing streak for policyholders …

FM Global Creates Specialty Division for Forest Products, Chemical Industry

Commercial property insurer FM Global is creating a new division within the company to further strengthen its focus on serving the property risk management needs of the forest products and chemical industries. James P. O’Brien, a 31-year veteran of the …

Ralph Lauren Suit Alleges Fraud by Insurer Refusing to Cover Coronavirus Losses

Fashion firm Ralph Lauren Corp. is suing its insurer to recoup what it says has been a huge drop of two-thirds of its revenues in the first quarter alone due to the pandemic. Ralph Lauren Corp. (RLC) maintains that Factory …

Houston Rockets Becomes First NBA Team to Sue Insurer Over Denied Covid-19 Claims

The Houston Rockets and billionaire owner Tilman Fertitta are suing their insurer for denying the National Basketball Association team’s bid to tap its business-interruption insurance policy over revenue losses from the Covid-19 pandemic. Fertitta’s Rocket Ball Ltd. and Clutch City …

FM Global Opens $16M Electrical Hazards Laboratory in Rhode Island

Commercial property insurer FM Global has opened a $16 million Electrical Hazards and Gas Detection Laboratory at its 1,600-acre Research Campus in West Glocester, R.I., following nearly two years of construction. Fireballs, explosions, combustible and toxic gas leaks and short …