Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced the appointment of Richard Brown to lead a new team focusing on property business through retail distribution channels in the UK, Europe and selected …
Two West Virginia school bus drivers who were suspended for attending a rally for President Donald Trump in the nation’s capital have been cleared of wrongdoing following hearings, an attorney said Wednesday. Attorney John Bryan, who is representing the employees …
AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Summit Specialty Insurance Co. (SSIC), based in Omaha, Neb. The outlook assigned to these ratings is stable. SSIC is a …
A railroad bridge in Louisiana is back in place after reportedly being hit early on Jan. 13 by a tugboat, officials said. The swing bridge over the Rigolets near Slidell was reportedly hit by the tug Robert Cenac about 1 …
Global insurance broker Hub International Limited has acquired the assets of Commercial Insurance Brokers Inc., based in El Paso, Texas. Terms of the transaction were not disclosed. Commercial Insurance Brokers is a locally owned, independent insurance agency that provides commercial …
Insurers, policyholders and industry observers have issued comments on the UK Supreme Court’s ruling that insurers should pay small businesses for many business interruption claims from the COVID-19 lockdowns. The UK Supreme Court dismissed appeals by six insurers – Hiscox, …
A Port Authority bus driver has been placed on probation for three years after pleading guilty to involuntary manslaughter in the death of a University of Pittsburgh student struck by the bus she was driving a year ago. Shavonne James, …
The Navajo Nation’s Department of Justice announced Wednesday it has settled with mining companies to resolve claims stemming from a 2015 spill that resulted in rivers in three western states being fouled with a bright-yellow plume of arsenic, lead and …
Aerial drone manufacturer Insitu in the Columbia River Gorge, Ore., will pay $25 million to settle allegations that its military drones were outfitted with used components instead of new ones. U.S. attorney Brian Moran said cases such as this one …
What is the biggest lesson that cyber insurers should carry into 2021 after a year in which the COVID-19 pandemic took center stage? In the first Insuring Cyber podcast episode of the new year and the fifth overall, Tim Zeilman, …
