Survey: Cyber Budgets, Insurance Premium Jump Across Sectors October 10, 2023 Budgets and insurance policy costs have increased exponentially despite doubts surrounding efficacy of cyber practices, according to a recent survey...
People Moves: Gallagher Re Taps RenRe’s Allard as Head of Global Credit & Political Risk; Sompo Int’l Names Heads of Claims, Distribution & Client Relationship Mgmt October 10, 2023 This edition of International People Moves details appointments at Gallagher Re and Sompo International. A summary of these new hires...
Markets/Coverages: Irish MGA iSure Launches Professional Indemnity Facility October 10, 2023 iSure, the specialist SME managing general agent in Ireland, part of the re/insurance MGA Rokstone, has announced the launch of...
Odey Asset Management to Shut Wealth Business in Wake of Sexual Assault Allegations Against Founder October 10, 2023 Odey Asset Management is closing its wealth business, the UK’s Financial Conduct Authority said, months after its founder Crispin Odey...
Economic Losses From China Disasters Reach $42B in First Nine Months of 2023 October 10, 2023 China suffered direct economic losses of 308.29 billion yuan ($42 billion) over the first nine months of 2023, the government...
Sarasota and Ocala Named Florida Housing Hot Spots — Ocala Due to Lower Insurance October 10, 2023 Two areas in Florida have become hot spots for home buying and building, one of them due to higher insurance...
OSHA Fines Pennsylvania Candy Factory for Not Evacuating Before Fatal Explosion October 10, 2023 A Pennsylvania chocolate factory was fined more than $44,000 by the federal workplace safety agency on Thursday for failing to...
Michigan’s Hastings Mutual Seeks Approval to Restructure into Mutual Holding Company Structure October 10, 2023 Hastings Mutual Insurance Company has submitted a Plan of Reorganization with the Michigan Department of Insurance and Financial Services seeking...
$7M Settlement in Fatal Shooting by California Highway Patrol Officers October 10, 2023 A $7 million settlement has been reached with the California Highway Patrol in the fatal shooting of a driver and...
Wisconsin Milling Company Agrees to $11.2M Settlement After Fatal Corn Dust Explosion October 10, 2023 MADISON, Wis. (AP) – A milling company has agreed to plead guilty to federal charges that employees at a Wisconsin...