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Delaware Supreme Court Rejects Untimely Appeal in Air Crash Lawsuit

Delaware’s Supreme Court has rejected an appeal in a lawsuit stemming from a 2012 airplane crash in the Congo that claimed the life of the chief adviser to that country’s president and left his finance minister seriously injured. The companies …

R-T Specialty Promotes Altomare to Senior Account Manager

Hannah Altomare has been promoted to senior account manager within R-T Specialty LLC’s National Environmental and Construction Professional Liability Practice (ECP). In this role, she is responsible for supporting the company’s new business and marketing efforts in addition to providing …

Arch Insurance (UK) Launches Cyber Product for Small and Medium Sized Businesses

Arch Insurance (UK) Ltd., the London-based subsidiary of Arch Insurance International, is set to enter the cyber insurance market with a new product focused on the needs of small and medium enterprise (SME) clients and their insurance brokers. The product …

Norsk Hydro Cyber Attack Cost It Nearly $52M in First Quarter

Norsk Hydro said the March cyber attack that paralyzed its computer networks would cost the aluminum maker up to 450 million Norwegian crowns ($52 million) in the first quarter. The Oslo-based firm, one of the world’s largest producers of the …

Canopius Opens Office in Sydney, Australia

Canopius, the London-based global specialty re/insurer announced it is opening an office in Sydney, Australia, as part of its commitment to expand in the Asia-Pacific region. Subject to regulatory approval, the local entity will be open to underwrite business in …

Hiscox Appoints Hill from Blackboard Insurance Co. as Head of Claims in the U.S.

Hiscox, the Bermuda-headquartered specialist insurer, announced the appointment of Melissa Hill as head of Claims in the United States. Hill, who has more than a decade of experience in claims operations, will oversee the strategic direction and performance of the …

Industry Veterans Catlin and Brand Launch Specialty Bermuda Re/Insurer Convex Group

Insurance industry veterans Stephen Catlin and Paul Brand announced they have launched an international specialty insurer and reinsurer, Convex Group Ltd. Convex launches with $1.8 billion of initial committed capital and will draw down $1.6 billion to commence business; it …

West Virgina Airport Awarded $14.8M in Runway Overrun Collapse Suit

A settlement has been reached in a lawsuit over the 2015 landslide that collapsed a runway safety overrun at Yeager Airport in Charleston, West Virginia. The Charleston Gazette-Mail reports Yeager officials say the airport was awarded $14.8 million in the …

Appalachian Underwriters Taps Florida-Based Kidd to Lead Commercial Auto

Appalachian Underwriters, Inc. has hired transportation broker Mary Kidd to focus on large commercial transportation accounts in its Sarasota, Fla., office. Kidd will work with accounts with more than $25,000 in premium, across all states. Kidd comes to AUI with …

Florida Man Suspected in Multiple Fires Arrested

A Florida man believed to be responsible for multiple fires in the Umatilla area of Lake County, Fla., has been arrested, according to a statement by Florida CFO Jimmy Patronis. James Anthony Bennett was arrested this month on four counts …