Former first lady Michelle Obama’s brother and his wife have settled a lawsuit they filed in 2022 alleging a private school in Milwaukee refused to reenroll their children after the couple raised concerns about racism and inappropriate conduct at the …
Fire crews on both coasts of the United States continued battling wildfires on Sunday, including a blaze in New York and New Jersey that killed a parks employee and another in Southern California that destroyed more than 130 structures and …
Envelop Risk, the reinsurance managing general agent and analytics specialist, announced the launch of Envelop Underwriting, which will encompass all existing cyber underwriting activities: Envelop Risk Bermuda and Envelop at Lloyd’s, including the Envelop Risk SPA 1925. Dom Peters has …
Firefighters battled strong winds driving a fast-moving Southern California wildfire that forced the evacuations of thousands of people and destroyed at least 168 structures. Containment of the Mountain Fire in Ventura County increased to 48%. The fire has now burned …
This edition of International People Moves details appointments at the Everest Reinsurance and the broker Miller. A summary of these new hires follows here. Everest Reinsurance, the reinsurance division of Bermuda-based Everest Group Ltd., announced that Emily Davis has been …
Specialist Risk Group (SRG), the London-based specialist insurance intermediary, announced the acquisition of One Claim Ltd. Based in Essex, England, One Claim provides broker partners and their clients with claims management support from initial notification through to settlement. The One …
Howden, the London-based insurance intermediary group, announced the acquisition of Storfield Insurance Consultants Ltd., a specialist in general insurance for small-to-medium sized enterprises (SMEs) and high-net-worth (HNW) clients. Financial details of the transaction were not disclosed. This strengthens Howden’s position …
Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion was “fraudulently transferred” by FTX management to Binance and its executives. The lawsuit relates to Binance’s sale of its stake in Sam Bankman-Fried’s …
A Federal Emergency Management Agency employee who ordered workers to bypass homes with yard signs supporting President-elect Donald Trump has been fired, the agency’s head said Saturday. “This is a clear violation of FEMA’s core values and principles to help …
Nonresident surplus lines brokers working in Alabama, like their in-state brethren, must secure a $50,000 fidelity bond to be licensed in the state, starting Jan. 1. The Alabama Department of Insurance posted the bulletin last week. A form is available …
