AIR Worldwide Releases Updated Earthquake Model for Australia July 27, 2020 Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Earthquake Model for Australia. These updates were...
The Hilb Group Acquires Massachusetts’ Eldredge & Lumpkin Insurance Agency July 27, 2020 The Hilb Group LLC (THG) has acquired Massachusetts-based Eldredge & Lumpkin Insurance Agency Inc. (E&L). The transaction became effective on...
AXA XL Presents New Leadership Team for Americas July 27, 2020 As part of the proposed changes to its insurance operating model announced in April, AXA XL has appointed its new...
AXA XL Announces Leadership Team for UK & Lloyd’s Region July 27, 2020 AXA XL announced the new leadership team for its UK & Lloyd’s region. Effective immediately, the appointments are part of...
South Africa Retailer Steinhoff Offers $1B to Settle Global Accounting Fraud Lawsuits July 27, 2020 South Africa’s Steinhoff has proposed to pay around $1 billion to settle outstanding legal claims following a massive accounting fraud,...
Wyoming Department of Insurance Fines Farmers Insurance Exchange $150K July 24, 2020 The Wyoming Department of Insurance announced the resolution of a matter against Farmers Insurance Exchange that resulted in monetary penalties...
New York Company to Pay $200K in Penalties for Safety Violations July 24, 2020 A home and personal care fabric products manufacturer will correct hazards at its five manufacturing facilities in New York and...
Global Risk Solutions Acquires Connecticut’s William Kramer & Associates July 24, 2020 Global Risk Solutions Inc. (GRS), a provider of claims adjusting and environmental risk management solutions, has acquired William Kramer &...
The Central Insurance Companies Promotes Zollner to Northeast Regional VP July 24, 2020 The Central Insurance Companies has promoted Matt Zollner to vice president of the Northeast regional office. In his new role,...
London’s International Underwriting Association Publishes New Motor Terrorism Clause July 24, 2020 A new model clause for clarifying coverage of motor terrorism risks has been published by the International Underwriting Association. It...