Yearly Archives: <span>2021</span>

Berkshire Hathaway Specialty Names 3 Regional Executives for Professional Lines

Berkshire Hathaway Specialty Insurance (BHSI) has expanded its U.S. Executive & Professional Lines leadership team, naming Shelley Norman as senior vice president, Management Liability, Central region, and promoting Kevin Gallagher to senior vice president, Management Liability, East region, and Sean …

Wife Sues Husband’s Employer Over COVID-19 Infection

A federal judge is weighing what she called a first-of-its-kind lawsuit that would hold an employer responsible for a worker’s spouse getting sick with Covid-19. Plenty of families have sued businesses, from retailers to meatpacking plants, claiming that unsafe workspaces …

U.S. Charges 3 North Koreans in $1.3B Hacking of Banks, Sony, Others

The United States has charged three North Korean computer programmers with a massive hacking spree aimed at stealing more than $1.3 billion in money and cryptocurrency, affecting companies from banks to Hollywood movie studios, the Department of Justice said on …

Many Firms Aren’t Paying OSHA Fines Levied for COVID-19 Safety Violations: Reuters

U.S. workplace safety regulators have announced more than $4 million in penalties on more than 300 employers they say put workers at risk during the COVID-19 pandemic. But about two-thirds of these employers aren’t paying up. Only 108 companies had …

France to Boost Cyber Security Defenses After Attacks

President Emmanuel Macron announced new investment to bolster France’s cyber security defenses after two hospitals were struck by ransomware and the national security agency linked a large cyber attack spanning three years to Russian hackers. The government is earmarking around …

Collapse of Stack at ArcelorMittal South Africa’s Steel Plant Kills 3

JOHANNESBURG – The bodies of three workers were found overnight at ArcelorMittal South Africa’s Vanderbijlpark Works, after the collapse of a coke battery stack at the steel plant the previous morning, the company said on Thursday. Africa’s biggest steel producer, …

HDI Global Resets International Strategy for Liability Line, Expands Management Team

HDI Global SE (HDI) is resetting the strategy of its Liability Line and is expanding its management team that reports to Dr. Mukadder Erdönmez, member of the HDI Global SE Executive Board. Joining the management of the Liability Line (underwriting) …

Australia Regulator Raises Antitrust Concerns over $30B Aon-Willis Towers Watson Deal

Australia’s competition regulator on Thursday raised initial concerns over Aon’s $30 billion bid for Willis Towers Watson to create the world’s largest insurance broker, close on the heels of a similar move by EU antitrust regulators. The merger could significantly …

Minnesota Business Owners Ruined by Protests Plead for Rebuilding Help

Owners of Minneapolis and St. Paul, Minn., businesses that were raided and burned during the violent protests over the death of George Floyd are appealing to state lawmakers for help with rebuilding. Several store owners in Minneapolis and St. Paul …

Palomar Teams Up with Austin’s Technical Risk Underwriters on Builder’s Risk

Palomar Holdings Inc., a specialty property insurance headquartered in La Jolla, Calif., has forged an agreement with Technical Risk Underwriters (TRU), an Austin, Texas-based subsidiary of Ryan Specialty Group LLC (RSG), to facilitate Palomar’s expansion in the builder’s risk market. …