While the effects of the COVID-19 pandemic have kept inspections and product recall incidents at low levels, businesses should expect a an upsurge in recalls as the world begins to re-open. They should also prepare for the prospect of new …
This wrap-up of international People Moves details recent appointments at Acrisure Re; International General Insurance; Liberty Specialty Markets and Sedgwick. A summary of these new hires follows here. Acrisure Re, the London-based reinsurance division of insurance broker and fintech services …
The former city recorder in Coquille, Ore., has filed a federal lawsuit against the city alleging she was wrongfully fired. Jennifer Rose notified the city of her intent to sue multiple times earlier in the year leading up to and …
Nearly a third of California’s restaurants permanently closed and two-thirds of workers at least temporarily lost their jobs as the pandemic set in more than a year ago and Gov. Gavin Newsom imposed the nation’s first statewide lockdown, a legislative …
The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, has launched a program to develop a parametric flood and earthquake product, as well as indemnity landslide protection in Colombia. The IDF, …
The Federal Reserve Bank of New York warned that credit scores — the all-powerful number that can determine if a consumer is able to qualify for a loan, rent a home or even buy car insurance — might have gotten …
A federal judge on Tuesday refused to dismiss two lawsuits filed against the University of Delaware by current and former students who argue that they are entitled to refunds for services they didn’t receive when officials shut down the campus …
A former gynecologist in Virginia who was convicted on fraud charges for performing unnecessary surgeries and procedures was sentenced Tuesday to 59 years in prison. Dr. Javaid Perwaiz also was ordered to pay $18.5 million to insurance companies that covered …
Element Risk Management has acquired Smith Insurance with locations in Hershey and Williamstown, Pennsylvania. Smith Insurance was founded as a small insurance agency by James J. Smith in 1933. The agency was bought by Bruce Moore in 1983, and he …
Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year due to market uncertainty as the pandemic hit Britain’s economy. “During this period of economic uncertainty, it has become increasingly …
