People Moves: Gallagher Re Appoints Brace of Exec Appointments for N. America, Brazil and China June 1, 2023 Global reinsurance broker Gallagher Re announced the appointment of Linda Johnson as vice chairperson for its North American team, Daniel...
World Insurance Associates Acquires Michigan’s Morris Insurance Group June 1, 2023 World Insurance Associates LLC announced that it acquired the business of Morris Insurance Group, Inc. of Clinton Township and Rochester,...
1 Killed in Boiler Explosion at Southeastern Texas Power Plant June 1, 2023 FRANKLIN, Texas (AP) – One person was killed when a boiler exploded at a southeastern Texas power plant Wednesday morning,...
Massachusetts Agency Owner Accused of Stealing Workers’ Compensation Premiums June 1, 2023 The owner of a Gloucester, Massachusetts insurance agency has been indicted and arraigned in connection with an alleged embezzlement scheme...
About 33 Million U.S. Homes at Risk of Hurricane-Force Winds: CoreLogic June 1, 2023 According to an analysis by CoreLogic, about 33 million U.S. homes with a combined reconstruction cost value of $11.6 trillion...
Former Wells Fargo Exec Settles SEC Fraud Charges, to Pay $3M June 1, 2023 The former head of Wells Fargo & Co’s WFC.N retail bank agreed to pay a $3 million penalty to settle...
Ransomware Attack on Bioscience Firm Exposes Clinical Test Data on 2.5M People June 1, 2023 The New York-based biotech and life sciences company Enzo Biochem reported it was hit by a ransomware attack on April...
School Bus, Tanker Truck Collide, Sending 18 to Hospital in South Carolina June 1, 2023 A school bus collided with a tanker truck in South Carolina, sending at least 18 people, mostly children, to the...
Georgia Supreme Court Upholds Professors’ Challenge to Allowing Guns on Campus June 1, 2023 Georgia’s highest court this week upheld a lower court ruling that dismissed a lawsuit brought by five college professors challenging...
Markets/Coverages: W. R. Berkley Corporation Forms Berkley Specialty Excess June 1, 2023 W. R. Berkley Corporation said it has formed Berkley Specialty Excess to offer excess liability coverages in specialized markets, with...