Monthly Archives: <span>November 2024</span>

Leavitt Inland Pacific Merges with Troy Insurance Agency in Idaho

Leavitt Inland Pacific is merging with Troy Insurance Agency in Idaho. Both agencies are locally owned and affiliates of Leavitt Group, a network of insurance brokers. This strategic partnership enables Leavitt Inland Pacific to offer service team support and use …

United Says FAA Staffing Shortages Causing Disruption at Newark Hub

United Airlines said on Tuesday that an acute shortage of air traffic controllers was causing “significant disruption” for travelers at its busy Newark, New Jersey, hub outside of New York City. The airline said the Federal Aviation Administration has been …

Maine Joins States Suing Big Oil to Recover Costs of Climate Change ‘Deception’

Maine Attorney General Aaron Frey has filed suit in state court against Exxon, Shell, Chevron, BP, Sunoco, and the American Petroleum Institute for allegedly “deceiving Mainers for decades about the role of their fossil fuel products in causing climate change.” …

Aon to Purchase In-House Insurance Agency of Mitsubishi Chemical Group in Japan

Insurance broker Aon plc announced it has signed a definitive agreement to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG), enhancing Aon’s risk and health capability offering in Japan. Financial details of the deal were not disclosed. …

People Moves: Salek and Kirby to Lead New Alliant Government Contractors Segment

Alliant Insurance Services, headquartered in Irvine, California, named senior vice presidents Bryan Salek and Angela Kirby to lead its new government contractors-focused segment within Alliant Specialty. Salek has over 25 years of experience in risk management and insurance programs for …

Unite and Conquer: How the Insurance Industry Can Deflate Social Inflation

At one of the early meetings of American Legal Connections, Rich Henderson, a senior vice president for reinsurer TransRe, bumped into a concerned client from a hospital insurance company who brought his team members to the event. The insurer was …

Everest Launches Italian Insurance Business

Everest announced its expansion into the Italian market, following regulatory approval to operate in Italy, trading as Everest Insurance (Ireland) DAC, Succursale Italiana. Headquartered in Milan, the operations are currently led by José Ramón Morales, head of Southern Europe, Everest …

UBS Acquitted Over Credit Suisse Criminal Money Laundering Case

Credit Suisse’s 2022 conviction for failing to prevent the money laundering of a cocaine dealer’s profits was overturned by a Swiss appeals court following the death of one of its former employees who was found guilty in the case. A., …

China State Media Warn Trump Against Mutually Destructive Tariff War

China’s state media warned U.S. President-elect Donald Trump his pledge to slap additional tariffs on Chinese goods over fentanyl flows could drag the world’s top two economies into a mutually destructive tariff war. Trump, who takes office on Jan. 20, …

Prince Harry’s Phone-Hacking Lawsuit Against Daily Mail to Go to Trial in 2026

Prince Harry and other high-profile British figures’ privacy lawsuits against the Daily Mail newspaper’s publisher will go to trial in early 2026, London’s High Court heard on Tuesday, with the parties’ legal costs set to exceed 38 million pounds ($47.8 …