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Travelex’s UK Money Transfer and Wire Services Operational After Ransomware Attack

Travelex’s UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use pen and paper to calculate foreign currency exchanges. The cyber attack …

Firms Involved in Building Work on London’s Grenfell Tower Take No Blame for 2017 Fire

Firms involved in building work on London tower bloc that caught fire have sidestepped any responsibility for the 2017 tragedy that killed 72 people, a lawyer for the inquiry said. As the second phase of an inquiry into the Grenfell …

Bill Would Require Extended Safety Netting at Ohio Pro Ballparks

An Ohio state lawmaker has introduced legislation requiring all major and minor league baseball teams in the state to install protective netting from foul pole to foul pole. State Rep. John Patterson introduced his bill in response to concern from …

R&Q Acquires Montana Captive Insurer Vigneron

R&Q is pleased to announce it has acquired the Montana captive insurer, Vigneron Insurance Company Inc. from a wholly owned private investment holding company. Terms of the deal were not disclosed. VICI underwrote deductible reimbursement policies to cover the obligations …

Bender Insurance Solutions in California Names Wood Vice President of Personal Lines

Sacramento, Calif.-based Bender Insurance Solutions has promoted Jeffrey Wood to vice president of personal lines. Wood will continue to expand the sales and service offerings of the personal lines department, and provide expert personal insurance advice and advocacy to the …

Beazley Adds Sanches as Underwriter in Southern California

Specialist insurer Beazley has appointed Justin Sanches as an underwriter within the U.S. healthcare liability team. Sanches joins Beazley’s Los Angeles, Calif., office to underwrite a range of global miscellaneous medical and life sciences risks for middle market and large …

Arthur J. Gallagher & Co. Acquires Hanover Excess & Surplus of North Carolina

Arthur J. Gallagher & Co. has aquired Wilmington, N.C.-based Hanover Excess & Surplus, Inc. Terms of the transaction were not disclosed. Established in 1970, Hanover Excess & Surplus is a regional managing general agency offering hard-to-place coastal commercial and personal …

Everest Offers Small Law Firm Liability Program Via Digital Broker Embroker

Everest Insurance has joined with digital broker Embroker to provide an online lawyers’ professional liability program for law firms with up to 10 employed attorneys. Through Embroker’s digitized platform, Everest’s Lawyers’ Professional Liability policy offers several coverage enhancements. The coverage …

Insurers Say Proposed California Regs Could Axe Discounts for Millions

The American Property Casualty Insurance Association testified today in opposition to draft regulations they say could eliminate many affinity group insurance discount programs during a pre-notice workshop held by the California Department of Insurance in Los Angeles. The workshop was …

2 Arrested in $20M Workers’ Comp Fraud And Kickback Scheme

A pair of California men have been charged with multiple felonies in a reported $20 million kickback scheme involving worker’s compensation. Bradley Dean Groscost, 59, of Westminster, and Felix Koltsov, 57, of Beverly Hills, self-surrendered last week to the Orange …