Arthur J. Gallagher & Co. has acquired Rockville, Md.-based The Novick Group Inc. Founded in 1987, The Novick Group is a retail property and casualty broker focused on providing insurance products and services to nonprofits and association clients throughout the …
Independent specialty managing general agent Nexus Group has acquired Plus Risk Ltd. (PRL), a London-based financial and professional lines MGA, providing management liability and niche professional indemnity insurance. Founded in 2017, PRL’s underwriting team is comprised of James Rasmussen and …
Tropical Storm Erich has formed in the Pacific far off the western coast of Mexico and is predicted to become a hurricane by Monday night as it moves over open waters on a path that could take it near the …
AXA XL announced three senior appointments to its London Reinsurance team, with the promotion of Megan Kempe, coupled with the additions of Nick Pascall and Conor Gaffney. Kempe has been promoted to head of US Property London, effective Sept. 1. …
Risk Strategies, a privately held, national insurance brokerage and risk management firm, has added to its employee benefits practice with the acquisition of Gerard B. Tracy Associates Inc. Based in Fairfield, Conn., Gerard B. Tracy Associates Inc. was founded in …
Massachusetts Governor Charlie Baker says he’ll seek a federal disaster declaration to support cleanup and recovery efforts on Cape Cod after a tornado and high winds caused extensive damage and knocked out power to tens of thousands. The Republican on …
The Occupational Safety and Health Administration has fined Newport News Shipbuilding more than $13,000 for a safety violation after investigating the death of an employee. However, the violation was unrelated to the death. The Daily Press of Newport News reports …
CFC Underwriting, the London-based managing general agent that specializes in emerging risks, announced the appointment of Roger Francis as Cyber Claims director. Francis will lead CFC’s cyber claims and incident response organization, as well as oversee CFC’s cyber risk management …
More former football players and other ex-athletes are suing Ohio State University over allegations that they were sexual assaulted by a university doctor during exams decades ago. Like at least a six other pending federal lawsuits, the case filed Monday …
Waukee, Iowa-based Holmes Murphy has added Lori McCarty as chief strategy officer (CSO). McCarty brings more than 25 years of financial services experience at both small and Fortune 500 and 100 companies. McCarty joins Holmes Murphy with a breadth of …
