Monthly Archives: <span>May 2021</span>

Tennessee Insurance Data Security Law to Take Effect July 1

A law passed by the Tennessee General Assembly in its latest session will give insurance consumers in the state new protections for their personal, medical and financial information, according to the Tennessee Department of Insurance. The Insurance Data Security Law …

Study: North Dakota Has Highest Rate of Severe Workplace Injuries

North Dakota tops the list of states with the highest rates of severe workplace injuries, according to a new study of OSHA data covering the years 2015-2020. With nearly 135 severe workplace injuries for every 100,000 workers since 2015, North …

$41M Recovered for Louisiana Consumers After Hurricane Claims Complaints

Complaints over insurance claims arising out of the three hurricanes that struck Louisiana last year have resulted in a recovery of $41 million for consumers as of the end of April, Louisiana insurance regulators say. The Louisiana Department of Insurance …

People Moves: Deloitte’s McIlquham to Acrisure; UIB’s Kassali to Willis Re; Peak Re’s Cheng to Acacia, Scope to Corant

This wrap-up of international People Moves details recent appointments at broker Acrisure; Willis Re; reinsurance investment firm Acacia Holdings Ltd., and Corant Global. A summary of these new hires follows here. Acrisure, the London-based insurance broker and fintech financial services …

Oregon Among Blue States Slow to Lift Virus Restrictions

The sand was packed on a recent sunny day at this upscale beach town on Oregon’s coast, but signs of the state’s cautious approach to the pandemic were still everywhere. Almost all the beachgoers wore masks – those that didn’t …

Family Sues After Police in Hawaii over Fatal Shooting of 16-Year-Old

The family of a 16-year-old boy fatally shot by Honolulu police last month sued the city and unidentified police officers on Friday, alleging negligence, assault and battery. The lawsuit filed by Akiwine Sykap, grandmother and legal guardian of Iremamber Sykap, …

15 Military Families in Washington Sue Private Company Over Housing Conditions

Fifteen military families have filed a lawsuit against a private company that manages housing at Joint Base Lewis-McChord in Washington over living conditions they say caused property damage and health problems. The 51 plaintiffs filed the lawsuit earlier this month …

Africa Specialty Risks Launches Parametric Underwriting Division

Africa Specialty Risks (ASR), the pan-African focused managing general agent, announced the launch of its parametric division, alongside the appointment of Dr. Raveem Ismail as head of Parametric Underwriting and Ian Bishop as Parametric Product manager. ASR Parametric brings together …

Truist Acquires Constellation Affiliated Partners Wholesaler Platform With 7 MGAs

Truist Insurance Holdings has agreed to acquire Constellation Affiliated Partners from RedBird Capital Partners. The transaction will add approximately $160 million of annual revenue to Truist Insurance Holdings’ wholesale division. Financial terms were not disclosed. Constellation Affiliated Partners is an …

Air India’s February Data Breach Affected 4.5 Million Passengers

NEW DELHI – Personal data of about 4.5 million passengers of Air India was leaked in a cyber attack on the airline’s data processor but the compromised servers were later secured, the Indian state-run carrier said in a statement. The …