Musk Can’t Escape Investor Suit Over Flip-Flop on Twitter Buyout December 12, 2023 Elon Musk must face a Twitter investor lawsuit that accuses him of fueling uncertainty about his proposed buyout in an...
Markets/Coverages: MGA Optio and Insurer Partner AmFirst to Offer Political Violence & Terrorism Cover December 12, 2023 Optio Group, the London-based specialty managing general agent (MGA), announced it has entered into an agreement with a new insurer...
Tech Update: Hiscox London Mkt, Google Collaborate to Boost Underwriting With AI December 12, 2023 Hiscox, the specialist global insurer, has collaborated with Google Cloud to create the first AI-enhanced lead underwriting model in the...
Bernie Madoff Is Long Gone. The Lawyers Are Going Strong December 12, 2023 Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI...
Mallory Agency Adds Offices in Auburn and Charleston December 12, 2023 Mallory Agency, a property/casualty insurance broker based in Atlanta and La Grange, has opened offices in Auburn, Alabama, and Charleston,...
Washington Cancer Center Patients Get Threatening Emails Following Data Breach December 12, 2023 Some patients of a Seattle, Washington-based cancer center received threatening emails following a data breach last month. Fred Hutchinson Cancer...
AM Best Upgrades Financial Strength Rating of Louisiana Dealer Services Insurance December 11, 2023 AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings...
Texas Department of Insurance to Hold Meet The Regulator Event December 11, 2023 The Texas Department of Insurance will hold a Meet the Regulator event from 9:00 to 11:30 a.m. on Tuesday, January...
Ohio Meat Processing Plant Faces $277,000 in Proposed Penalties for Safety Violations December 11, 2023 A federal investigation into how a 35-year-old worker suffered severe leg burns, degloving of their foot and other injuries after...
People Moves: Papanikolaou to Succeed Mueller as AGCS CEO and Will Lead Allianz Commercial; May Promoted to CEO of Lloyd’s Europe as Breitburd Steps Down December 11, 2023 This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS) and Lloyd’s Europe. A...