People Moves: Argenta Taps AXIS Re’s Haynes as Marine XoL U/W; Fusion Names Senior Hires in Singapore, Hong Kong; BMS Appoints Tesei for European Energy Reinsurance October 27, 2022 This edition of International People Moves details appointments at Argenta Syndicate Management Ltd. (ASML), Fusion and BMS Group. A summary...
Colorado-Based Emergency Transport Companies Sued for Religious, Disability Discrimination October 27, 2022 Emergency transport companies Global Medical Response, Inc. (“GMR”), American Medical Response, Inc. (“AMR”), and AMR’s subsidiaries located in Greenwood Village,...
Global Insurance Rates Continue Rising at Slower Levels; Cyber Outpaces Other Lines October 27, 2022 Global insurance pricing continued to rise, although at a slower pace, during the third quarter, which saw commercial insurance premiums...
Mechanical Issue May Have Caused Deadly Seaplane Crash Off Washington Island October 27, 2022 SEATTLE (AP) – A mechanical issue may have caused the seaplane crash that killed 10 people off an island in...
South African Economic Hub May Be Terror Target, U.S. Warns October 27, 2022 By Renee Bonorchis One of South Africa’s richest suburbs may be the target of a terrorist attack this weekend, according to an alert...
Southern California School District Ordered to Pay $45M in Abuse Case October 27, 2022 LOS ANGELES (AP) – A jury ordered Southern California’s Santa Monica-Malibu Unified School District to pay $45 million to the...
No Reports of Damage From 5.1 Quake Strike in San Francisco Bay Area October 27, 2022 SAN FRANCISCO (AP) – A magnitude 5.1 earthquake rattled the San Francisco Bay Area on Tuesday, causing delays of some...
China’s Fosun Weighs Options for Hong Kong-Based Peak Re: Sources October 27, 2022 By Manuel Baigorri Fosun International Ltd. is weighing strategic options for its Hong Kong-based Peak Reinsurance Co. as the Chinese conglomerate looks to...
Indiana Man Pleads Guilty to Arson of Barn Fires October 27, 2022 A man has pleaded guilty in connection with a series of barn fires set last year in several northern Indiana...
Bad Driving, Inflation Among Factors Pushing Increase in Auto Loss Ratios October 27, 2022 By Jim Sams US auto insurers are coping with the largest direct loss ratio in 20 years because of factors that include historic...