People Moves: Guy Carpenter Expands Cyber Team With Key Appointments; Aspen Appoints AXA XL’s Welch as Chief Underwriting Officer, Reinsurance June 13, 2023 This edition of International People Moves details appointments at Guy Carpenter and Aspen Insurance Holdings. A summary of these new...
Lloyd’s and Dubai Partner to Launch Insurtech Accelerator June 13, 2023 Lloyd’s, the marketplace for commercial, corporate and speciality risk solutions, has announced a partnership with Dubai’s Department of Economy and...
These Cryptocurrencies Are Getting Hit Hardest Under the SEC Crackdown June 13, 2023 By Sidhartha Shukla They range from the brainchild of a winner of computer science’s most prestigious award to a crypto token supporting the...
Head of NHTSA Leaves Agency After Audit Finds Management Problems June 13, 2023 By Tom Krisher The head of the U.S. government’s office that investigates automobile safety problems has resigned from his post just days after...
Nationwide to Take Actions to Limit Risk in Personal, Commercial Portfolios June 13, 2023 By Chad Hemenway Add Nationwide to a growing list of insurers making changes to deal with losses in some areas of the country....
Brazil Court Backs Government in $24B Tax Dispute; Ruling Hits Insurers, Banks, Brokers June 13, 2023 A majority of judges on Brazil’s Supreme Court voted on Monday to back tax authorities in a judgment on how...
Canadian Wildfires Shutter Sawmills, Drive Up Lumber Prices June 13, 2023 By Rod Nickel Canada’s worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production...
Core Specialty Forms Medical Stop Loss Division With Acquisition of Texas’ American National Group June 13, 2023 Core Specialty Insurance Holdings, Inc., and its subsidiaries announced today that it will form a medical stop-loss division through the...
Missouri Man Pleads Guilty to $1.1M Insurance Fraud Scheme June 13, 2023 A Missouri man has pleaded guilty in federal court to his role in a $1.1 million insurance fraud conspiracy that...
Ohio Plastic Manufacturer to Pay $252K Over Sex Discrimination Lawsuit June 13, 2023 Pretium Packaging, LLC, a manufacturer of plastic bottles and containers, will pay $252,768 and furnish other relief to settle a...