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Hannover Re’s Henchoz to Step Down as CEO, Succeeded by CFO Jungsthöfel

Hannover Re announced that Chief Executive Officer Jean-Jacques Henchoz (60) is stepping down and will be replaced by the current chief financial officer, Clemens Jungsthöfel (54). Henchoz has decided not to extend his expiring contract at his own request and …

15 Homes Evacuated as Crews Battle Another Wildfire in New Jersey

The latest forest fire to break out in New Jersey spurred authorities to evacuate more than a dozen homes Wednesday as crews worked to contain the blaze, but no injuries or property damage has been reported. The New Jersey Forest …

People Moves: Vantage Insurance Partners Names Butcher CEO

Vantage Insurance Partners, Inc., a New York-based insurance brokerage and risk management consulting firm, has announced the appointment of Jack Butcher as chief executive officer. Per a press release, Butcher has a “robust background in leading growth focused organizations through …

Former UFC Fighter Wanted on Insurance Fraud Charges in Washington

A former UFC fighter is wanted in Washington for insurance fraud, among other charges. Bryan Caraway, originally from Richland, has landed on Washington Insurance Commissioner Mike Kreidler’s insurance fraud most wanted list after he failed to appear for a pre-trial …

Pennsylvania Home Health Care Agency to Pay $810K in Back Wages, Damages

The U.S. Department of Labor has obtained a consent judgment requiring a Wyncote, Pennsylvania, home health care agency and its owner, Dominique Conner, to pay 196 direct care employees a total of $810,320 in back wages and liquidated damages for …

People Moves: California Commissioner Makes Appointments to Advisory Committees; Braud Joins Aspire as VP of Casualty Claims

Commissioner Lara Makes Appointments to CAARP Advisory Committee, COIN Advisory Board, CEA Advisory Panel and Curriculum Board California Insurance Commissioner Ricardo Lara made several appointments to California Department of Insurance committees and panels. Appointments include new appointment Claudia Perez and …

Missouri Farmer Who Stars in Reality TV Series Pleads Guilty to Crop Insurance Fraud

A Missouri farmer who appears in a reality TV show about his family’s farming operation pleaded guilty this week to a multi-million dollar fraud scheme involving federal crop insurance benefits. Steve A. McBee, 52, waived his right to a grand …

People Moves: Grange Insurance Names Carter VP, Personal Lines Sales & Strategic Distribution

Grange Insurance Company, headquartered in Columbus, Ohio, named Nicole Carter as vice president, personal lines sales and strategic distribution, effective Jan. 1, 2025. Carter has nearly 30 years of experience in the insurance industry. Before joining Grange, she served as …

People Moves: Marsh Names Fraser as Int’l Corporate & Commercial Leader; Clear Group Appoints Chisholm as Sales and Marketing Director

This edition of International People Moves details appointments at the brokers Marsh and Clear Group. A summary of these new hires follows here. Marsh Names Fraser as Int’l Corporate & Commercial Leader Marsh, the insurance broker, risk adviser and Marsh …

SageSure Expands HO Business in Mississippi, Louisiana

SageSure, a managing general underwriter for catastrophe-exposed markets, said it has joined with Auros Reciprocal Insurance Exchange to bring more homeowners coverage to Louisiana and Mississippi. Auros is a property insurance company domiciled in Mississippi. It received its certificate of …