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Insurer Brit Ltd. Launches E-trading Cyber Portal

Brit Ltd., the London-based insurer, announced it has launched an online platform for cyber risks in both the U.K. and the U.S., targeting small and medium sized enterprises (SMEs) in both regions. The portal will give brokers an agile, user-friendly …

AGCS Appoints Williams as Global Head of Financial Lines, Replacing Poncin

Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz Group, has appointed Shanil Williams as global head of Financial Lines, effective Nov. 15, 2019. He succeeds Bernard Poncin, who will leave AGCS to pursue other opportunities …

Pioneer Underwriters Decides to Put Lloyd’s Syndicate 1980 into Run-Off

Pioneer Underwriters has decided to put its Lloyd’s Syndicate 1980 into run-off after completing an examination of “strategic and capital options for 2020.” Pioneer said it will be working with Asta, the managing agency of Syndicate 1980, to ensure a …

Hartford InsurTech Hub Welcomes Top Startups for 2020

Hartford InsurTech Hub, powered by Startupbootcamp, has announced its 2020 cohort of startups. The past two cohorts have consisted of ten startups, and with the help of the Hub’s partners, the accelerator program decided to select 11 companies to relocate …

USI Acquires Alfred J. Davis Company in Oregon

USI Insurance Services has acquired Portland, Ore.-based insurance agency Alfred J. Davis Co. Terms of the deal were not disclosed. The agency’s employees and business operations will be integrated with USI’s existing office in Portland. Alfred J. Davis Company has …

Ex-DuPont CEO Backtracks, Says Chemours Liabilities ‘Uncapped’

DuPont de Nemours Inc.’s ex-top executive is backtracking on claims the chemical maker never intended to saddle its spinoff Chemours Co. with “unlimited exposure” for liabilities. Ellen Kullman, who resigned as CEO in 2015, said in a court filing directors …

Inszone Insurance Services Acquires Jones Wilson Insurance in Arizona

Inszone Insurance Services has acquired Jones Wilson Insurance in Benson, Ariz. Terms of the deal weren’t disclosed. Jones Wilson Insurance becomes the third acquisition for Inszone Insurance in Arizona this year. Jones Wilson Insurance has provided insurance services to both …

Former North Carolina Insurance Chief Goodwin to Seek Post Again in 2020

North Carolina’s insurance commissioner from 2009 through 2016 wants the job again. Democrat Wayne Goodwin announced Tuesday he’ll run for commissioner next year, setting up a potential rematch with current Commissioner Mike Causey, the Republican who beat him in 2016. …

North Carolina Officials Vote to Reopen Island Damaged by Hurricane Dorian

County commissioners on the North Carolina coast have moved to reopen an island ravaged by Hurricane Dorian. Acting on a recommendation from the Ocracoke Control Group, the Hyde County Commissioners on Monday adopted the proposal to open the island to …

Carolina Amusement Park Fined $42K by OSHA Over Maintenance Worker Injury

Federal safety officials have fined an amusement park on the North Carolina-South Carolina line after a maintenance worker was injured last March. The Charlotte Observer reports the Occupational Safety and Health Administration levied a $42,000 fine on Carowinds after finding …