Run-off specialist RiverStone Group, the London-based subsidiary of Fairfax Financial Holdings, announced the acquisition of two Cayman-based captives: GMPCI Insurance Co. Ltd. (GMPCI) and Seaside Indemnity Alliance Company Ltd. Seaside was formed in 2013 for the purpose of assuming hospital …
Facebook has agreed to pay a 500,000 pound ($644,000) fine for breaches of data protection law related to the harvesting of data by consultancy Cambridge Analytica, Britain’s information rights regulator said on Wednesday. Facebook CEO Mark Zuckerberg has faced questioning …
A single cyber attack that affects major ports across Asia-Pacific could cost $110 billion, which is roughly equivalent to half of all losses from natural catastrophes globally in 2018*, according to research from Lloyd’s of London. These losses could occur …
Two Georgia suspects have been arrested and charged for allegedly defrauding Lemonade Insurance Company. Special Agents in the Criminal Investigations Division at the Georgia Department of Insurance assisted with the arrest of Zulieka Hosch, 37, of Lawrenceville, Ga., on October …
Four members of one family were injured Sunday when a small plane crashed on takeoff from an airport in upstate New York. According to the Genesee County Sheriff’s Office, the single-engine Beechcraft came down just after 3 p.m. as it …
Specialist insurer Beazley has appointed Hannah Smith as a miscellaneous medical underwriter within its U.S. healthcare team. Based in Atlanta, Ga., Smith will underwrite a range of miscellaneous medical professional liability (MPL) risks, from blood and tissue banks through to …
PMC Insurance Group has promoted Nina Vellucci to vice president in the South Region. In her new role, she will continue to be responsible for leading and developing the region and supporting long-term business objectives to the area. Vellucci has …
A Georgia man has been arrested and charged with three counts of arson in the first degree, three counts of burglary in the first degree, two counts of criminal trespass, and four counts of aggravated assault, all of which are …
Seeman Holtz Property & Casualty has announced the acquisition of GIA Insurance Agency (Geisenheimer Insurance Agency), headquartered in Saddle Brook, N.J. Geisenheimer Insurance Agency is a provider of personal and commercial insurance throughout the U.S., Canada, Asia, South America, Caribbean, …
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Dash & Love Inc., a full-service specialty brokerage based just outside of Philadelphia. Terms of the deal were not announced. Founded in 1930, Dash & Love …
