AXIS Capital’s Syndicate 2050 Gets Full Lloyd’s Approval to Begin Underwriting March 5, 2024 AXIS Capital Holdings announced it has received full approval from Lloyd’s to begin underwriting from April 1, 2024. AXIS first...
Former Twitter Execs Sue Elon Musk for Over $128M in Severance March 5, 2024 Four former top Twitter executives, including former CEO Parag Agrawal, have sued Elon Musk for over $128 million in combined...
Experts Say California to Be Drought-Free Through 2025 Following Winter Storms March 5, 2024 AccuWeather meteorologists say California will be free of widespread drought through the end of 2025 on the heels of a...
IMA Acquires RiskPoint in Pacific Northwest March 5, 2024 IMA Financial Group acquired RiskPoint Insurance Advisors LLC in the Pacific Northwest. With the transaction, k.p.d. Insurance and JL Jones...
Jury Awards $72.5M to Woman Paralyzed When Struck by New York City Bus March 5, 2024 A Florida woman who says she was struck and dragged by a New York City bus and left partially paralyzed...
People Moves: Aon Promotes Romeo to CEO of Bermuda Reinsurance Operations; Acrisure Re Taps Hodges From Howden Tiger as EVP March 4, 2024 This edition of International People Moves details appointments at Aon’s Reinsurance Solutions Bermuda unit and Acrisure Re in London. A...
UK Insurer Aviva to Enter Lloyd’s Market via Acquisition of Probitas for £242M March 4, 2024 Aviva plc announced it will acquire 100% of Probitas Holdings (Bermuda) Ltd., the parent company of the Probitas Group, for...
New Survey Reveals How Independent Agents Are Adapting to the Hard Market March 4, 2024 The hard market has independent agents “going the extra mile” to prioritize client communication, retention, technology and team morale. Trusted...
Medical Incident Likely Led to SUV Crashing Into Michigan Walmart, Authorities Say March 4, 2024 CANTON TOWNSHIP, Mich. (AP) — A driver who crashed her sport-utility vehicle into a Walmart store in suburban Detroit was...
Marsh McLennan Agency Acquires Pair of Louisiana Agencies March 4, 2024 Marsh McLennan Agency (MMA), a subsidiary of Marsh, announced that it has completed its previously announced acquisitions of two Louisiana-based...