Nexus Buys Specialist Financial and Professional Lines MGA, Plus Risk Ltd. July 29, 2019 Independent specialty managing general agent Nexus Group has acquired Plus Risk Ltd. (PRL), a London-based financial and professional lines MGA,...
Tropical Storm Erich Forms, Expected to Become Hurricane as It Heads Toward Hawaii July 29, 2019 Tropical Storm Erich has formed in the Pacific far off the western coast of Mexico and is predicted to become...
Wind Could Spread Oil Leak from Pertamina’s Undersea Well in Indonesia July 29, 2019 By Yoga Rusmana and Eko Listiyorini Wind is threatening to spread a growing 52-mile (84-kilometer) oil sheen in Indonesia from an undersea well that began leaking...
Judge Reduces $2 Billion Roundup Jury Verdict to $86 Million July 29, 2019 By Tina Bellon A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer...
AXA XL Appoints 3 Senior Executives to London Reinsurance Team July 29, 2019 AXA XL announced three senior appointments to its London Reinsurance team, with the promotion of Megan Kempe, coupled with the...
No-Deal EU Exit ‘Now a Very Real Prospect’, Says Head of Newly Formed Brexit Cabinet July 29, 2019 By Brian Swint UK Prime Minister Boris Johnson’s high-level Brexit cabinet holds its first meeting Monday, and will gather every day to ensure...
1K Guests at Hotel Near Florida SeaWorld Evacuated After Room Fire July 29, 2019 Officials say more than 1,000 guests were temporarily evacuated from a Florida hotel near SeaWorld after a fire broke out...
Florida-Based Insurance Office of America Names Peters SVP of Operations July 29, 2019 Insurance Office of America has added operational leader Robert J. Peters to its Longwood, Fla., headquarters. Peters joins IOA’s growing...
Insurer Pulls Plug on Socially-Conscious Investment Platform Targeting Millennials July 29, 2019 By Emily Chasan In 2017, Pacific Life Insurance Co. introduced a socially conscious, online investing platform tailored to thirtysomethings eager to use their...
From Confined Spaces to Big Buildings, Drones Take On Riskiest Jobs July 29, 2019 By Jack Pitcher Here’s a job any worker would be happy to pass off to a drone: Imagine crawling down a ladder into...