Ryan Specialty Group (RSG) and Nationwide announced they have formed a new Bermuda reinsurance company, Geneva Re Ltd. Columbus, Ohio-headquartered Nationwide will own 50 percent of the venture with RSG and RSG-related investors holding the remaining 50 percent. Reinsurance industry …
Tennessee lawmakers have signed off on legislation that would prevent the state from revoking or suspending driver’s licenses over unpaid court costs. The Senate on Tuesday advanced a proposal allowing people to still have a restricted driver’s license while they …
Jimcor Agency Inc., a Montvale, N.J.-based independent managing general agent and insurance wholesaler, has hired Joe Chase to serve as an underwriter in Florida, working in the company’s Southeast Region. He is based in the St. Petersburg, Fla., area. Previously, …
Self-driving vehicles could be operated in Florida without a human on board under a bill going to Republican Gov. Ron DeSantis. The Senate unanimously passed the bill with no debate May 1, a move that could pave the way for …
The utility blamed for the natural gas explosions in Massachusetts last September now says the potential financial costs of the disaster have jumped to more than $1.6 billion, and could go higher. The Boston Globe reports that NiSource Inc., the …
The Massachusetts attorney general has sued a property owner and a contractor hired to demolish a shed on his property for costs associated with a fire and explosion that authorities say released a toxic soup into the environment. The attorney …
An employee shuttle bus crash at Newark Liberty International Airport has left 17 people injured. The Port Authority of New York and New Jersey says the accident happened at about 5:30 a.m. Friday on a ramp leading to Terminal B. …
Parents of people killed in recent limousine crashes in New York have urged legislators to pass tougher safety regulations. Several provided tearful testimony at a legislative hearing Thursday in Albany. They called for stronger limo inspection rules; seat belts and …
Lockton MENA Ltd. has appointed Ata Khatib as its new chief executive officer. Based in the Dubai International Financial Centre (DIFC), Khatib will lead the broker’s subsidiaries in the Middle East and North Africa (MENA) region, said a statement from …
Veruna, a Massachusetts-based insurance technology developer of an agency management system built on the Salesforce platform, said it completed a $6 million Series A funding round. Founded in 2015, Veruna offers a cloud-based agency management system that targets independent agents. …
