Theresa May will fight for her job as British prime minister after being told she will face a vote of no confidence in her leadership, throwing the U.K. into fresh turmoil and Brexit into disarray. “I will contest that vote …
Hannele Arvonen, the owner of one of Sweden’s largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the Arctic Circle. Her business, Setra Group AB, …
AXA XL insurance has appointed new Excess & Surplus (E&S) Casualty product leads in the U.S. Ankur Chokshi has been promoted to head of E&S Primary Casualty and Brokerage and Binding Authority while Kimberly Smid joins AXA’s E&S team to …
Insurance broker Willis Towers Watson has appointed Bill Creedon as Construction Industry leader for North America within its Corporate Risk and Broking segment. Creedon, a 30-year insurance and construction risk industry veteran, is returning to Willis Towers Watson where he …
USG Insurance Services Inc., a national wholesaler and MGA, has hired Dylan Guidry as producer/broker in its Covington, Louisiana, branch. Guidry brings over 20 years of experience in the insurance industry. Most recently he held an underwriting position at AmWINS …
Johnson & Johnson has begun settling consumers’ claims that it sold artificial hips knowing they were defective, marking the first settlements in the seven-year-old litigation. A federal judge in Texas overseeing the cases said about 3,300 of 10,000 “have settled …
The University of Kentucky has settled a lawsuit filed by a former public health dentist who said he was fired from the school for publicly criticizing Republican Gov. Matt Bevin’s plan to overhaul the state’s Medicaid program. The Lexington Herald-Leader …
The Senate passed a five-year farm bill renewing agricultural subsidies and food aid for low-income families after weeks of negotiations over work requirements for food stamp recipients and a last-minute snag over forestry provisions. The $867 billion measure, which also …
American International Group Inc. has returned to the red-hot collateralized loan obligation market as an asset manager with its first sale since the financial crisis. The $500 million transaction is being arranged by Credit Suisse Group AG, and its most …
The Hilb Group, LLC (THG) has acquired South Carolina-based Huckaby & Associates, Inc. The transaction became effective Dec. 1, 2018. Founded in 1976, Huckaby provides a full range of property and casualty insurance products to businesses and individuals throughout South …
