Legacy Specialist DARAG Acquires Bermuda-Based SunPoint from Fosun International March 9, 2021 DARAG, the Malta-based legacy acquirer, announced the acquisition of SunPoint Holdings Ltd. in Bermuda. SunPoint will be integrated into DARAG...
Settlement Reached in New York Teen Athlete’s Training Drill Death March 9, 2021 The mother of a high school football player who died in New York after a 400-pound log fell on him...
Hub International Acquires Assets of Pennsylvania’s Davis Trachtenberg Inc. March 9, 2021 Global insurance brokerage Hub International Limited has acquired the assets of Davis Trachtenberg Inc. (DTI). Terms of the transaction were...
JAG Insurance Group Hires Gomez to Represent Northeast Region March 9, 2021 JAG Insurance Group (JAG), a South Florida-based commercial insurance agency with Florida offices in Coral Gables and Delray Beach, as...
EEOC Probes Facebook for ‘Systemic’ Racial Bias in Employment Practices: Reuters March 9, 2021 By Paresh Dave A U.S. agency investigating Facebook Inc. for racial bias in hiring and promotions has designated the probe as “systemic,” attorneys...
Here’s a Rundown of How Greensill Unraveled, the Key Players, and What Could Be Next March 9, 2021 By Lucca de Paoli Lex Greensill’s business has unraveled at a blistering pace, leaving a tangled trail of destruction all around it. On Monday,...
Chubb Names Kelaher as Country President for Australia and New Zealand March 9, 2021 Chubb announced it has appointed Peter Kelaher as country president for Australia and New Zealand. In his new role, Kelaher,...
Australia’s Largest P/C Insurer Says It Has No Net Exposure to Greensill Capital March 9, 2021 Insurance Australia Group, the country’s largest general [P/C] insurer, said on Tuesday it had no net exposure to supply chain...
New Initiative by Florida’s Insurance Consumer Advocate Targets Contractor Fraud March 9, 2021 In an effort to educate consumers about contractor fraud schemes that are contributing to increased insurance rates, Florida’s Insurance Consumer...
Allianz Commits $75M to Hong Kong Fintech WeLab, While Forming Partnership March 9, 2021 Allianz’s technology investment arm is committing $75 million to WeLab, a Hong Kong-based fintech focused on virtual banking, consumer financing...