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 …
Canopius Group Ltd. announced the completion of Samsung Fire & Marine Insurance’s (SFMI) strategic investment in its business. The investment will support Canopius’s growth arising from the recent acquisition of AmTrust at Lloyd’s and merger with its own Lloyd’s interests, …
A federal lawsuit has accused top Delaware insurance department officials of workplace sexual and racial harassment. The Delaware News Journal reports an insurance department employee announced the suit Wednesday accusing Commissioner Trinidad Navarro of inappropriately touching her cornrows and making …
A Maryland business owner has been convicted after a trial on federal charges for conspiring to burn down his business in order to obtain insurance proceeds. A federal jury convicted Demetrios ‘Jimmy’ Stavrakis, age 53, of Lutherville-Timonium, Md., for an …
EverQuote Inc., an online insurance marketplace based in Cambridge, Mass., has hired Joseph Sanborn as senior vice president of Corporate Development and Strategy. Sanborn possesses more than two decades of experience advising technology companies on mergers and acquisitions, strategy and …
Fidelis Insurance, the Bermuda-headquartered re/insurer, announced it has taken an equity stake in a new managing general agent (MGA) Perigon Product Recall Ltd., and will be providing underwriting capacity. Perigon’s focus will be product recall and product contamination coverage for …
Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced formation of a new reporting structure led by newly appointed executive vice presidents, who will report to Kevin Rehnberg, president, group chief administrative officer and head of the Americas for Argo. …
