Nearly a year after the deadliest and costliest wildfire in U.S. history, insurers and the customers they cover are revisiting how to reduce their collective exposure to this risk, according to the Insurance Information Institute (I.I.I.). “While our research has …
Argo Group International Holdings Ltd. announced the retirement of Mark E. Watson III as chief executive officer, effective immediately. Kevin J. Rehnberg has been named interim chief executive officer, subject to Bermuda regulatory approval. Watson’s exit comes on the heels …
Marine services provider James Fisher and Sons Plc (JFS) said on Tuesday that hackers had gained unauthorized access to its computer systems, sending its shares down as much as 5.7%. JFS said it had taken all affected systems offline as …
Risk Strategies, a privately held, Boston, Mass.-headquartered insurance brokerage and risk management firm, has appointed Chris Powers to lead its employee benefits practice for the Eastern U.S. Previously, Powers oversaw the New England region of the firm’s employee benefits practice. …
A 36-year-old Queens, N.Y., man has been charged with insurance fraud, attempted grand larceny and other crimes for allegedly claiming his McLaren sports car had been stolen and filing a false insurance claim in an attempt to recoup $160,000. In …
Hub International Ltd., the Chicago-based insurance broker, announced it has acquired R Bruce Inc., which does business as RBI Advisory Group. Terms of the transaction were not disclosed. Located in Okotoks, Alberta, Canada, RBI Advisory Group has provided strategic group …
London-based managing general agent Nexus Group announces the rebranding of Equinox Global Inc. in the U.S. as Nexus Specialty Inc. Nexus said the move will enhance the company’s aim to build both through acquisition and organically to become a leading …
Ascot is launching a Management Liability and Financial Institutions group, led by Ryan Becker as executive vice president. The new group will offer a wide range of admitted and non-admitted, primary and excess directors & officers (D&O) and financial institutions …
A cyber attack has hit Spanish companies including Cadena SER radio, Spain’s National Security Department said on Monday. The virus affected Cadena SER’s local broadcasts, although national output was not affected, said the broadcaster which has a chain of local …
AccuRisk Solutions LLC has completed its acquisition of M-D Underwriting Services, Inc. (MDU), a Franklin, Tenn.-based medical stop loss MGU. AccuRisk CEO Dan Boisvert said the company will add MDU President and Cathy Guenther and her team to AccuRisk. He …
