People Moves: Peak Capital’s Manning to Miller; Carpenter’s Jones to Lockton Re, and Aon’s Mula to McGill and Partners June 11, 2021 This wrap-up of international People Moves details recent appointments at three brokers: Miller, Lockton Re and McGill and Partners. A...
Connecticut Officer Resigns and Receives Payout After Fatal Traffic Stop June 11, 2021 A former Connecticut police officer, who shot and killed an 18-year-old motorist during a traffic stop, received a $100,000 payout...
Maryland Newspaper Gunman Weighed ‘Timothy McVeigh-Style’ Attack June 11, 2021 By Brian Witte The man who killed five people at a Maryland newspaper told a state psychiatrist he wanted to destroy a building...
Drought Conditions Declared for 6 South Carolina Counties June 11, 2021 A dry spring has led a committee to declare that six counties in northeast South Carolina are in the first...
Alabama City, Police Officer Seek Delay in Wrongful Death Lawsuit June 11, 2021 The city of Huntsville is again siding with a police officer convicted of murder and asking a federal court to...
Proposed Bill Allowing Rider for Pandemic BI Coverage Moves Forward in New Jersey June 11, 2021 By Elizabeth Blosfield A New Jersey bill that would allow business interruption insurers in the state to add a rider for virus and...
We Can Work It Out: Negotiations Likely on COVID-19 Reinsurance Losses June 11, 2021 By Susanne Sclafane Catastrophe excess of loss reinsurance contracts “never anticipated an event like a pandemic,” but cedents can still expect compromises from...
FBI Chief Wray Warns Cyber-Attacked Firms Not to Pay Ransoms June 11, 2021 By Chris Strohm and Alyza Sebenius Companies and organizations that are victims of ransomware attacks shouldn’t pay hackers to unlock their data and should quickly contact...
May’s Global Disasters Include Hailstorms, Floods, Cyclones, Quakes, Volcanic Eruption June 11, 2021 U.S. insurers face a multi-billion-dollar payout from May’s convective storms, which spawned extensive hail, tornado, wind and flood damage across...
U.S. Drug Enforcer Testimony Cites ‘Systemic Failure’ in Monitoring by Opioid Distributors June 11, 2021 A retired high-ranking official with the Drug Enforcement Administration has testified that three large opioid distributors had a “systematic failure”...