Yearly Archives: <span>2021</span>

Skyward Specialty Insurance Group Acquires Aegis Surety, Sells XPro

Skyward Specialty Insurance Group Inc. has acquired Aegis Surety and simultaneously sold XPro, which provides solutions for the pest control industry. K2 Insurance Services is both the seller of Aegis Surety and the buyer of XPro. Aegis Surety Senior Vice …

Falls Kill Two Long Island Men in Separate Workplace Accidents

A landscaper fell from a tree and a roofer fell from a building in two separate fatal workplace accidents Monday on Long Island. Suffolk County Police said 51-year-old Vicente Oliver of Levittown was trimming a tree at a West Hills …

Investors Suing Bayer Blame Drop in Stock on Buying Monsanto, Roundup

Two law firms are suing Bayer for damages on behalf of shareholders, claiming the German group’s management should have warned of the risk of lawsuits over the Roundup weedkiller when Bayer acquired Roundup maker Monsanto. Weekly Wirtschaftswoche reported on Friday …

China Says Its Fintech Antitrust Moves Not Targeted at Private Banks, Insurers

China’s recent antitrust measures are not aimed at its private sector and do not seek to hinder the development of such firms, a senior banking and insurance regulator said on Friday, as the country looks to expand scrutiny of the …

Deadline Approaches for New York-Bermuda InsurTech Early Stage Competition

The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021. Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent economic development public/private partnership, have joined forces for the competition, which …

EasySend and Sompo Japan Join Forces to Improve Customer Experience

Sompo Japan plans to use EasySend’s no-code development platform to power its marine insurance accident notification system Tel Aviv, Israel, January 22, 2021– EasySend, a no-code platform for building and optimizing digital customer journeys, announced that they’re partnering with Sompo …

Spanos Joins Core Specialty Insurance E&S Group as VP

Van Spanos has joined Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc.’s newly formed excess and surplus (E&S) primary Product Liability group as vice president. Spanos is responsible for managing all facets of this business, including direct oversight of the underwriting …

TÜV SÜD Hit by ‘Significant Damages’ Claim in Germany Over 2019 Brazil Dam Tragedy

German industrial inspector TÜV SÜD is facing a claim for “significant damages” in the first civil lawsuit on German soil over its alleged role in the deadly collapse of a dam in Brazil two years ago. A group of Brazilian …

Mexico’s Pemex Plan to Cut Refinery Jobs Presents Safety Risks, Document Shows

Plans by Mexican state oil company Petroleos Mexicanos to cut jobs at its six refineries through attrition this year could undermine safety at the plants, an internal company document shows. Pemex plans to leave 9,374 vacancies at its refineries unfilled …

George Petersen in California Names Five New Principals

George Petersen Insurance Agency has promoted Joseph Feierabend, Jack Fess, Sean Parsons, Colby Ritch and Mindy Sehon to principals within the agency. The agency now has 20 principals across eight of the agency’s 10 locations in Northern California. Feierabend, a …