Ireland to Introduce Laws to Make Insurers, Bankers Accountable for Corporate Failings July 30, 2021 DUBLIN – Ireland will introduce long-anticipated laws to make senior bankers and executives in other financial sectors directly accountable for...
Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion July 30, 2021 FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve...
People Moves: IIAT Promotes Loftis, Adds Ellmer; New Officers, Board Members for Austin Agents Association July 30, 2021 IIAT The Independent Insurance Agents Association of Texas (IIAT) promoted H. Lee Loftis Jr. to chief legislative officer and added...
People Moves: United Valley Adds Cyr; MJ Hall Names Brooks Lead Broker in California July 30, 2021 United Valley Insurance Services Inc. has named Paul Cyr Southwest region director. Cyr, formerly United Valley’s Member Advisory Council chair,...
The Hartford Reports Q2 Net Income Up 94%; Boasts ‘Superb’ P/C Results July 29, 2021 The Hartford today announced it earned $900 million in net income in the second quarter of this year, a 94%...
Study Finds Boston’s Subway System Faces Severe Flood Threat July 29, 2021 The Boston area’s subway system faces a severe threat from rising seas over the next 50 years that could cause...
Ex-eBay Employee Gets 18 Months for Cyberstalking Campaign July 29, 2021 A former security operations manager for eBay Inc. was sentenced to 18 months in prison Tuesday for his role in...
Man Killed When Machinery Collapses on Him at Massachusetts Storage Facility July 29, 2021 A 38-year-old man was killed when a piece of machinery collapsed on him at a storage facility in Everett, authorities...
Fitch Sees No Ratings Change, ‘Modest Benefit’ for Liberty Mutual in State Auto Buy July 29, 2021 Fitch Ratings said it does not expect Liberty Mutual Holding Co. Inc.’s ratings to be impacted by its planned acquisition...
CFC Underwriting Names Newman CEO as Walsh Becomes Group CEO July 29, 2021 CFC Underwriting, the London-based specialist managing general agent, announced that Chief Innovation Office Graeme Newman has been appointed as the...