Oil Tanker Clears Turkish Shipping Logjam With Letter From Russian Insurer: Document December 7, 2022 A letter provided by Russian insurer Ingosstrakh enabled the first oil tanker to sail through Turkish waters in recent days...
People Moves: First Chief Insurance Officer at Next Insurance; New President, CUO at Tapco; Fine Art Team at Distinguished Programs December 7, 2022 Next Insurance Names Rhodes as First Chief Insurance Officer Next Insurance has announced the appointment of Chris Rhodes as the...
BMS Acquires Spanish Specialty Broker Eisenar December 7, 2022 BMS, London-based independent specialty insurance and reinsurance broker, announced it has signed a deal to acquire Eisenar, the Spanish specialty...
AM Best Assigns Positive Segment Outlook to MGAs, Other DUAEs December 7, 2022 Technology, talent and diverse sources of capital continue driving growth for managing general agencies and other delegated underwriting authority enterprises...
Carbon Monoxide Leak at Chicago Church Sends 12 to Hospitals December 6, 2022 CHICAGO (AP) – Twelve people were hospitalized after a carbon monoxide leak at a church on Chicago’s South Side, fire...
A Near-Term Return to Underwriting Profit in Auto ‘Highly Unlikely’: AM Best December 6, 2022 Apparently nothing has changed within the last several months to change AM Best’s negative outlook on the U.S. personal lines...
New Mexico Approves Decrease in Workers’ Comp Loss Costs December 6, 2022 The New Mexico Office of Superintendent of Insurance approved a rate proposal submitted by the National Council on Compensation Insurance...
Fire Damages Commercial Buildings in Indiana Town December 6, 2022 A fire in downtown Columbus destroyed a commercial building containing offices and a photo studio and left three firefighters with...
People Moves: Bailey Named Chair of Aon UK Ltd. Board; AXA XL Promotes Casby to Head of Upstream Energy, UK & Lloyd’s December 6, 2022 Bailey Named Chair of Aon UK Ltd. Board Aon plc, a leading global professional services firm, today announced that it...
Union Bay Acquires Pennsylvania’s LaBrozzi Insurance December 6, 2022 Union Bay Acquisition, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired LaBrozzi Insurance Group, Inc....