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People Moves: Tokio Marine HCC CPLG Names New VPs and Head of Emerging Markets

Tokio Marine HCC – Cyber & Professional Lines Group (CPLG), a member of the Tokio Marine HCC group of companies based in Houston, Texas, named two new vice presidents and a head of emerging markets. CPLG appointed Patrick Gallic as …

People Moves: BHSI Appoints 3 for Transactional Liability, Claims and Customer & Broker Engagement Teams

Berkshire Hathaway Specialty Insurance (BHSI) named a new head of Transaction Liability in Canada and has also promoted two executives in Europe within the claims and customer & broker engagement teams. Chres Lee has been named head of Transactional Liability …

Jensten Acquires UK Specialist Broker Henry Seymour & Co.

Jensten, the London-based independent insurance broking group, announced the acquisition of Henry Seymour & Co. The deal, which is subject to regulatory approval, will introduce to the business a team of 22 professionals, an office located in Sutton, England, as …

IPFS Acquires Texas’ Stonemark

Imperial PFS (IPFS) has acquired Stonemark, Inc., a privately held premium finance organization. The transaction closed on April 1, 2024. Frisco, Texas-based Stonemark’s existing client base of over 4,000 agencies, along with their entire team, are joining IPFS with this …

Devonshire Underwriting Launches MGA Specializing in Transactional Risk Solutions

Devonshire UW Ltd. and its affiliate Devonshire UW Europe GmbH (known collectively as “Devonshire Underwriting”) announced the launch of a managing general agent specializing in transactional risk solutions. Focused on positively disrupting the transaction risk insurance market, the MGA will …

Japanese Authorities Inspect Second Kobayashi Pharma Factory After Deaths

Health authorities searched a second Kobayashi Pharmaceutical factory in western Japan on Sunday after the company reported five deaths possibly tied to dietary supplements, an official said. The inspection in Wakayama prefecture follows one on Saturday in Osaka, expanding the …

Families of 5 Men Killed by Minnesota Police Reach $165K Settlement

ST. PAUL, Minn. (AP) — Families of five men killed by police have reached a settlement with the Minnesota Bureau of Criminal Apprehension in their lawsuit seeking the investigative files on the fatal shootings. The $165,000 settlement was reached last …

No Injuries or Hazardous Materials Spilled From Oklahoma Train Derailment

DAVENPORT, Okla. (AP) — Authorities and work crews on Sunday continued to clean up after a train derailment in central Oklahoma overturned 22 rail cars carrying gravel but didn’t result in any injuries. The derailment occurred Saturday afternoon just east …

From NFP to Alliant: Pestana to Head Real Estate Section, Based in Charlotte

Alliant Insurance Services, a national distributor, has named Gary Pestana managing director of Alliant Specialty, in the firm’s real estate and hospitality area. He will be based in Charlotte, North Carolina. Pestana has more than 30 years’ experience in risk …

NC Body Shop Owner Charged With Using Used Parts, Billing for New

A North Carolina body shop owner has been charged with fraud in connection with the use of used auto parts, instead of new parts that the insurer had paid for. The state Insurance Commissioner’s office said in a bulletin that …