People Moves: Aon’s Mason Expands Leadership Role in UK; Chubb Appoints AIG’s Madden for Financial Lines; Sedgwick Names Leif Hansen as CEO Nordic Region December 2, 2022 This edition of International People Moves details appointments at A summary of these new hires follows here. Aon’s Mason to...
Pilot Cited ‘Rigging Issue’ Before Small Plane Crashed in Pennsylvania December 2, 2022 HANOVER TOWNSHIP, Pa. (AP) — Federal investigators say the pilot of a small experimental plane spoke of a problem with...
Marsh McLennan Acquires McDonald Zaring in Washington December 2, 2022 Marsh McLennan Agency acquired McDonald Zaring Insurance in Walla Walla, Washington. McDonald Zaring Insurance serves individuals and businesses across all...
New Details on Alabama Twister that Killed Woman and Son, Left Path of Destruction December 2, 2022 The twister that smashed through a small Alabama community this week, during an outbreak of tornadoes across the Deep South,...
‘Droves’ of Global Re Market Entrants Unlikely; Outlook Stable: AM Best December 2, 2022 Will 2023 reinsurance renewals mark a turning point to a “true hard market” that attracts “new capital in droves” and...
Swiss Gov’t Seeks Mandatory Reporting of Cyberattacks on Key Infrastructure December 2, 2022 The Swiss government proposed on Friday making it mandatory to report cyberattacks on critical infrastructure as a way to help...
Citigroup in Talks to Recoup Errant $500M Revlon Loan Payment December 2, 2022 By Jonathan Stempel Citigroup Inc. is negotiating the return of about $500 million it mistakenly paid a group of hedge funds and investment...
After FTX Collapse, Pressure Builds for Tougher Rules for Cryptocurrencies December 2, 2022 Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at...
Record UK Bird Flu Outbreak Wipes Out Half of Free-Range Turkeys December 2, 2022 A record bird flu outbreak in the UK has resulted in culling of almost half of the nation’s free-range turkeys...
View from Defense Counsel’s Office: Hope on the Horizon for Florida Insurers? December 2, 2022 Despite recent hurricanes in Florida, continued insurance claims litigation, and steadily rising reinsurance rates, insurers and reinsurers have reason to...