A House committee has passed a bill that would end a governor’s authority to fill the offices of state treasurer and insurance commissioner if those posts become vacant in the middle of a term. The legislation provides that a convention …
Millions of Texans have gone days without power or heat in subfreezing temperatures brought on by snow and ice storms. Limited regulations on companies that generate power and a history of isolating Texas from federal oversight help explain the crisis, …
There were 407 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2020, down from 419 the previous year, according to a report published by global law firm Clyde & Co. An anticipated pandemic-induced dip in activity in …
Brown & Brown, Inc. has appointed Gray Nester as chief information officer for Brown & Brown, effective immediately. Nester has more than 20 years of experience in insurance technology leadership. Since December 2019, he has served as the CIO for …
Global Risk Partners (GRP) has entered into an agreement to acquire the UK Networks business of Marsh, the global insurance broker and risk adviser. Terms of the transaction, which is subject to regulatory approval, were not disclosed. Completion is expected …
Boeing Co. has issued a safety bulletin reminding pilots of the steps required to ensure they maintain control of their aircraft in the wake of last month’s deadly plunge of an Indonesian jetliner into the Java Sea. The Flight Operations …
Union Mutual of Vermont Companies has hired Jennifer Hanus as a marketing representative responsible for the southern New England writing territories of Connecticut and Western Massachusetts. She is currently based in Rhode Island. Hanus brings more than 10 years of …
The captain of a scuba diving boat that burned and sank off the California coast, killing 34 people, pleaded not guilty this week to manslaughter charges. Jerry Boylan was arraigned in federal court in Los Angeles on 34 counts of …
Risk Placement Services (RPS) has hired Jeff Harvey as executive vice president of casualty for its brokerage division. In this role, he will support growth of the large casualty practice in the Northeast region and provide additional support for the …
The earthquake early warning system known as ShakeAlert will be capable of delivering alerts directly to wireless devices in Oregon on March 11 and to Washington state in May, completing the West Coast rollout, the U.S. Geological Survey said. The …
