Andrew Brooks, chief executive officer of Ascot Underwriting Ltd., has been appointed the next chairman of the Lloyd’s Market Association (LMA), with effect from Jan. 1, 2019. Brooks, who has served on the LMA board as a member since 2012, …
After one of the most active years for mergers and acquisitions in property/casualty and life insurance, market conditions point to a continued push for deals, according to analysis by S&P Global Market Intelligence. Through the first nine months of 2018, …
President Donald Trump has signed legislation that will protect sports medicine professionals who travel with sports teams by ensuring that their license and liability insurance remains in effect even when they cross state lines. The Sports Medicine Licensure Clarity Act …
Lloyd’s said it is working on transferring all European Economic Area (EEA) business to its EU headquarters, Lloyd’s Brussels, before the end of 2020 via a Part VII transfer. (Part VII transfers, in part, enable a UK insurer to transfer …
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited DuBell Lumber Company of Medford, N.J., for exposing employees to combustible dust and other hazards. The company faces $106,432 in proposed penalties. OSHA inspectors responded to a …
Risk Strategies, a privately held national insurance brokerage and risk management firm, has hired Boyce Morin as vice president of University Health Plans, the firm’s specialty division focusing on the design, placement and service of college and university student health …
Bermuda specialty insurer Ascot Group has launched Ascot Insurance U.S. and appointed Greg Wolyniec as its president and chief executive officer. Ascot also announced the completion of the acquisition of Greyhawk Insurance Co., an inactive Colorado domiciled admitted carrier, and …
Employee benefits consultant Eric Rioux has joined Lockton’s Southeast series as a business adviser. Lockton’s Southeast operation has offices in Atlanta, Charlotte, Naples, Miramar, Miami, Tampa and Greenville, South Carolina. Rioux previously spent a decade as an account manager and …
Tropical Cyclone Luban has strengthened in the Arabian Sea to the equivalent of a Category 1 hurricane, according to Ann Arbor, Mich.-based Weather Underground, quoting the U.S. Joint Typhoon Warning Center. The tropical cyclone is expected to weaken to a …
Police in Virginia say a 65-year-old man has died after his single-engine plane crashed in the far western part of the state. Virginia State Police said in a statement that the plane was reported missing shortly after 2 a.m. on …
