Yearly Archives: <span>2021</span>

City’s Approval of High-Rise Next to Surfside Condo Under Scrutiny

The role that city officials played in allowing a luxury condominium to be built next door to the now-collapsed Champlain Towers building is under new scrutiny by plaintiffs and investigators. The Miami Herald newspaper reported that the City of Miami …

Argenta Syndicate Management to Withdraw from Lloyd’s China Platform

Argenta Syndicate Management Ltd. (ASML), a subsidiary of Argenta Holdings Ltd., announced it will cease underwriting all new and renewal business relating to the Lloyd’s China platform (LICCL) with immediate effect and put the operation into run-off. ASML will work …

Connecticut Town Settles Housing Lawsuit Over Group Home Denial

The town of Wolcott, Connecticut, said Monday it has agreed to settle a federal lawsuit filed after it failed to allow a group home for mentally disabled adults to open in a residential neighborhood. The U.S. Justice Department said the …

Filhet-Allard Maritime Buys Majority Stake in Marine Specialist Latitude Brokers

Filhet-Allard Maritime, the France-based insurance broker for the commodities trading, shipping and industrial markets, has acquired a controlling stake in Latitude Brokers, a specialist marine broker based in Asia with headquarters in Hong Kong. The acquisition has received regulatory approval …

Former Pharma Executive in New Jersey Charged With Embezzling Millions

A former executive and owner of a pharmaceutical company embezzled millions of dollars from his company to use for personal expenses, the U.S. attorney’s charged in a criminal complaint released Monday. John Klein allegedly took about $3.9 million from a …

Maryland Homeowner Tries to Smoke Out Snakes, Burns Down House

A Maryland home was accidentally burned to the ground by an owner trying to get rid of a snake infestation, officials said. The homeowner in Poolesville, a town about 25 miles outside of Washington D.C., was attempting to use smoke …

Life Soon Will Get a Lot Harder for Companies That Fail ESG Tests: Top Stock Owner

The chief executive of the world’s largest stock owner says life is about to get a lot harder for companies that fail environmental, social and governance tests set by institutional investors. Nicolai Tangen, who runs Norges Bank Investment Management from …

Goosehead Insurance to Enter Life Insurance Market with Ethos

Independent personal lines insurance agency, Goosehead Insurance Inc., has enter into the life insurance space through an alliance with insurtech Ethos Life (Ethos). The company announced today that through Goosehead’s Digital Agent Platform, clients can now access life insurance online …

Jeep, Dodge, Fiat Automaker Stellantis Plans Usage-Based Insurance Offering

Automaker Stellantis rolled out its software strategy on Tuesday including a 2030 target of 20 billion euros ($22.5 billion) in annual revenue from related products and subscriptions as it takes aim at rival Tesla. CEO Carlos Tavares said the world’s …

Hiscox Utilizes RMS Location Technology to Deliver Large-Scale, High-Speed Point of Quote Pricing for Coverholders

LONDON – 7th December, 2021 – Specialist global insurer is working with RMS, the world’s leading catastrophe risk solutions company, to extend and increase its use of groundbreaking RMS Location Intelligence API technology, to improve the customer experience for its …