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Marsh Makes Two Senior Captive Solutions Leadership Appointments

Marsh, a global provider of insurance broking and risk management services, has made two senior leadership appointments within Marsh Captive Solutions. Effective January 1, 2019, Julie Boucher will assume direct leadership of Marsh’s Bermuda, Cayman and Barbados captive offices in …

Bus Driver Found Guilty in Citi Bike Death in New York

The driver of a charter bus that fatally struck an investment banker riding a Citi Bike in Manhattan last year, marking the first death involving the city’s bike-share program, was found guilty of failing to yield the right of way, …

Pennsylvania Warns About Flood-Damaged Vehicles After Hurricane Florence

With automotive officials estimating that as many as 40,000 vehicles were damaged by flooding from Hurricane Florence, the Pennsylvania Insurance Department and the Pennsylvania Department of Transportation (PennDOT) are warning consumers to be on the lookout for flood-damaged cars being …

Three Dead After Pennsylvania Car Explosion

A car explosion that rocked downtown Allentown, Penn., left three males dead, including the likely “perpetrator,” officials said Sunday as federal authorities who are leading the investigation looked ahead to autopsies. “We know there’s been a criminal incident,” District Attorney …

Starr Insurance Cos. Appoints Vink from HDI Global as Head of Europe

Starr Insurance Cos. announced the appointment of Joost Vink as head of Europe. He will be responsible for the profitable growth of all European operations except the United Kingdom. Vink joins the company from HDI Global where he was managing …

UK Venture Capital Fund Eos Makes First Two Insurtech Investments

Eos Venture Partners’ strategic insurtech fund has made its first two investments. The UK-based specialist venture capital fund, working through its debut EVP 1 fund, committed early financing to Concirrus, a marine insurance analytics platform and Digital Fineprint (DFP) which …

25% of Americans Own a Side Business, Most Go Uninsured: The Hartford

About 57 million, or 25 percent, of Americans own a side business that is not their primary source of income. The majority of the owners of side businesses surveyed have full-time jobs. About half of side business owners surveyed dedicate …

Mississippi Basketball Coach Sues Over Firing, Claims Age Discrimination

A former Mississippi basketball coach is suing over his dismissal claiming age discrimination. The Sun Herald reported Thursday former Long Beach High School coach Joel Boone field a lawsuit against the school district in Gulfport federal court. Boone is in …

IAT Insurance Group Finalizes Acquisition of New Jersey’s IFIC Surety Group

IAT Insurance Group, a Raleigh, N.C.-headquartered provider of specialty property and casualty products, has finalized its acquisition of Newark, N.J.-headquartered IFIC Surety Group Inc. IFIC consists of International Fidelity Insurance Company and its subsidiary Allegheny Casualty Insurance Company. Following the …

Multiple Fires Destroy 12 Buildings in New York

Officials say 12 buildings have to be torn down after two weekend fires devastated an Albany, N.Y., neighborhood. The Times Union reports the first fire broke out around 3:30 a.m. Sunday, and the second fire was reported about a mile …