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People Moves: Aon’s Re Solutions Promotes Sapra as CEO, India; BHSI Names du Ché as France Country Mgr; AXIS Canada Launches EIL Unit, Led by Liberty Mutual’s Nagata

This edition of International People Moves details appointments at Aon, Berkshire Hathaway Specialty Insurance (BHSI) and AXIS Capital Holdings. A summary of these new hires follows here. Aon Promotes Sapra as CEO of Reinsurance Solutions in India Insurance broker Aon …

Markets/Coverages: Parametric Insurer FloodFlash Adds Business Interruption

Ahead of the 2024 Atlantic hurricane season, FloodFlash, which offers sensor-enabled parametric flood insurance, is launching a product to support business interruption (BI) coverage. U.S. Commercial Director Rich Coyle said his firm created Flood BI because many businesses and public …

Baltimore Hires Law Firms to Pursue Claims Against ‘All Entities’ in Key Bridge Tragedy

Baltimore Mayor Brandon M. Scott announced that the city is taking legal steps to address the impact the Key Bridge collapse has had on the city of Baltimore and its residents, including the families of the victims, business owners, and …

Howden Ireland Acquires Curran Connolly & Co. (Drogheda) Ltd.

Howden, the London-based insurance intermediary group, announced it has acquired Curran Connolly & Co. (Drogheda) Ltd., the commercial and personal lines insurance broker based in County Louth, Ireland. Financial details of the transaction were not disclosed. This transaction follows Howden’s …

Uber Boosts Safety Features Aimed at Women Passengers

Uber Technologies said on Wednesday that it is boosting its safety features for passengers around the world, as it looks to minimize risk and ensure security for women at night. The features allow passengers during a ride to select up …

Apple Warns of ‘Mercenary Spyware Attack’ on Users in India, 91 Other Countries

Apple Inc has warned its users in India and ninety-one other countries that they were possible victims of a “mercenary spyware attack,” according to a threat notification email that was sent to targeted users. The company discovered that attackers tried …

Death Toll From Italian Hydroelectric Plant Explosion Rises to 7

Divers in northern Italy have recovered the last two bodies of workers killed by an explosion that collapsed and flooded several levels of an underground hydroelectric plant, bringing to seven the number of confirmed dead, officials said Friday. The explosion …

World Insurance Associates Acquires InterWeb Insurance in Arizona

World Insurance Associates LLC acquired the business of InterWeb Insurance in Lake Havasu City, Arizona. InterWeb was founded in 2008 and primarily provides commercial insurance, focusing on errors & omissions coverage for customers in the financial services sector. World Insurance …

Insurer Bowhead Specialty’s IPO Filing Shows Profit More Than Doubled in 2023

Bowhead Specialty Holdings disclosed on Friday that its net profit more than doubled in 2023, as the insurance underwriting company made its IPO filing public amid a rebound in fresh U.S. listings. The U.S. initial public offering market is expected …

Maine Lawmakers Approve Liability Shield for Abortion and Gender Care Providers

The Democratic-controlled Maine Legislature gave final approval Friday to a bill that would protect health care workers who provide abortion and gender-affirming care from legal action brought in other states. If signed by Democratic Gov. Janet Mills, Maine would join …