Monthly Archives: <span>March 2025</span>

People Moves: Liberty Specialty Markets Promotes Unstad as Head of Nordics; BHSI Appoints Howe as Head of Claims, Australasia

This edition of International People Moves details appointments at Liberty Specialty Markets and Berkshire Hathaway Specialty Insurance. A summary of these executive hires follows here. Liberty Specialty Markets Promotes Unstad as Head of Nordics Liberty Specialty Markets (LSM), part of …

Fourth Gang Member Sentenced for Thefts of Warhol, Pollock Art and Yogi Berra Rings

A Pennsylvania man who was part of a group that stole paintings by Andy Warhol and Jackson Pollock among other valuables was sentenced to eight years in federal prison after pleading guilty to theft of major artwork. Thomas Trotta, 49, …

Teen’s Suicide Turns Mother Against Google, AI Chatbot Startup

Megan Garcia says her son would still be alive today if it weren’t for a chatbot urging the 14-year-old to take his own life. In a lawsuit with major implications for Silicon Valley, she is seeking to hold Google and …

Former Corrections Officer Going to Jail for Insurance Theft

A former state correctional officer from Baltimore has been sentenced in the Circuit Court for Baltimore County for felony theft of $25,000 to $100,000 and ordered to pay $50,251.66 in restitution, announced Attorney General Anthony G. Brown. Prosecutors showed that …

People Moves: Great Bay Insurance Names New Presidents

The Great Bay Insurance Group, headquartered in West Atlantic City, New Jersey, named Timothy J. Byrne, Jr., president of the group, and Ronald R. Lovatt as president of Great Bay Insurance Co., a wholly-owned affiliate of the group. Byrne Jr. …

EEOC Targets 20 Big Law Firms With Demand for DEI Data

The head of the U.S. agency that enforces laws banning workplace discrimination on Monday warned 20 major law firms that their employment policies meant to boost diversity, equity and inclusion may be illegal. The letters from the U.S. Equal Employment …

Kentucky Bill to Trim State OSHA Agency Powers Now on the Governor’s Desk

The National Council for Occupational Safety and Health, a non-profit advocacy group, is sounding the alarm about a Kentucky bill that was passed swiftly this month and is now on the governor’s desk. If signed into law, it would limit …

Vortex Hurricane Insurance Now Available in Hawaii

Parametric hurricane coverage provider Vortex Weather has expanded its supplemental hurricane insurance solutions to Hawaii. Vortex’s parametric hurricane coverage provides automatic payouts based on National Hurricane Center data. The company promises swift claims process, with no proof of loss required. …

Markets/Coverages: Rokstone Secures Property D&F Binder With Somers Syndicates

Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, announced it is expanding its property direct and facultative (D&F) portfolio with a new binder backed by Lloyd’s Somers Syndicates 3705 and 5423. This agreement provides Rokstone …

AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years

For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best today in a “First Look” at US P/C financial results said the industry left 2024 with a $22.9 billion …