Yearly Archives: <span>2022</span>

Georgia Bill Would Require Full Replacement for Some Types of Roofs

Georgia homeowners and roofers are urging lawmakers to take up a bill that would require insurers to provide full replacement of some types of roofs even when only a few shingles are damaged. Supporters of House Bill 1310 have used …

People Moves: IAT Group Welcomes CNA’s Bendick; NFP Adds WTW’s Clarke to Energy Team

IAT Welcomes Bendick to Claims Operations IAT Insurance Group in Connecticut is welcoming Heidi Bendick as senior vice president of Claims Operations. Bendick joins IAT Insurance from CNA where she was vice president of Claims Operations, leading a team of …

SEC Weighs Four-Day Deadline for Firms to Disclose Major Hacks

Companies would face more pressure to alert the public of hacks or other significant cybersecurity incidents under a new plan from the U.S. Securities and Exchange Commission. The SEC will consider a proposal on Wednesday that would require publicly-traded firms …

Maryland Apartment Complex Explosion, Fire Ruled Accident

SILVER SPRING, Md. — An explosion and fire that destroyed a Maryland apartment building last week was accidental and caused by a maintenance worker who cut a gas line instead of a waste pipe, an official said Monday. Montgomery County …

Oregon Governor Declares Emergency in County as Drought Worsens

Oregon Gov. Kate Brown has declared a state of emergency in Klamath County as southern Oregon remains in an ongoing drought that shows no sign of letting up. This week’s declaration directs state agencies, including the Oregon Department of Agriculture, …

Tesla Tells U.S. Lawmakers Autopilot Requires ‘Constant Monitoring’

Tesla Inc. defended the safety benefits of its advanced driver assistance system Autopilot and its Full Self-Driving (FSD) capability but acknowledged they require “constant monitoring and attention of the driver.” Democratic Senators Richard Blumenthal and Ed Markey wrote Tesla Chief …

Insurtechs Kin, Talage Report Successful New Financing Rounds

Kin Announces $82M First Close in Series D Financing Direct-to-consumer home insurance company Kin Insurance last week announced the $82 million first close of its Series D round, with additional commitments for a second close totaling $18 million. The funding …

Howden Makes Changes to Executive Committee as It Prepares for Aston Lark Purchase

Howden, the international insurance broking group, announced a series of changes to its global management team, following the announcement that Howden has agreed to acquire Aston Lark, subject only to regulatory approvals. Aston Lark, alongside A-Plan Group and Howden’s existing …

Private Jet Linked to Russian Billionaire Impounded as UK Deepens Aviation Sanctions

Britain said on Wednesday it had impounded a plane connected to a Russian billionaire under new aviation sanctions which give authorities the power to detain any Russian aircraft and to ban exports of aviation or space-related goods to Russia. The …

People Moves: WTW Hires MS Amlin’s Singh; Optio Names Hartford’s Robinson as MD; MS Amlin Adds Sirius’ O’Donnell to Property

This edition of International People Moves details appointments at Willis Towers Watson, Optio Group and MS Amlin. A summary of these new hires follows here. WTW Hires MS Amlin’s Singh for Climate Analytics, Exposure Mgmt Insurance broker WTW announced it …