People Moves: SiriusPoint Promotes Fenn to Global Head of Marine; Arch Insurance International Promotes Mansouri to UK PI Underwriting Manager May 9, 2025 SiriusPoint Promotes Fenn to Global Head of Marine SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the promotion of...
Business Moves: Clear Group’s Shape Underwriting Acquires HNW Specialist Protect Underwriting; Optio Buys UK PI Specialist MGA, Custodian Management May 9, 2025 Clear Group’s Shape Underwriting Acquires HNW Specialist Protect Shape Underwriting, the London-headquartered managing general agent, has acquired Protect Underwriting LLP,...
Minnesota YMCA to Pay $140K to Settle Sexual Harassment Lawsuit May 9, 2025 The St. Cloud Area Family YMCA will pay $140,000 and provide other relief to settle a sexual harassment lawsuit filed...
Abu Dhabi’s IHC, BlackRock Start $1 Billion Reinsurance Firm May 9, 2025 By Alex Dooler International Holding Co., Abu Dhabi’s largest listed company that’s overseen by a key member of the emirate’s royal family, is...
20 Charged in Alleged Theft of 126 Cars Worth $4.6 Million in NYC and Suburbs May 9, 2025 New York law enforcement officials reported that 20 men and women have been indicted and charged with participating in a...
New Mexico Utilities Tell Residents to Prepare for Outages When Fire Risk is High May 9, 2025 Electric providers in New Mexico told the state’s utility regulator at citizens at a hearing on Thursday in Santa Fe...
Why Trump’s Plan to Stop Tallying Weather Losses Matters to the Insurance Industry May 9, 2025 By Lauren Rosenthal and Brian K. Sullivan Extreme weather is an increasingly expensive problem in the US. Last year, fires, droughts and storms caused more than $182...
FTX Lawsuit Against Tom Brady, Stephen Curry, Others Is Narrowed May 9, 2025 By Jonathan Stempel A federal judge narrowed but stopped short of dismissing a lawsuit by investors seeking to hold celebrities like sports stars...
Deadly April Rainfall in South, Midwest Intensified by Climate Change, Scientists Say May 9, 2025 By Isabella O'Malley Human-caused climate change intensified deadly rainfall in Arkansas, Kentucky, Tennessee and other states in early April and made those storms...
Citadel Lobbies for Four-Year Non-Competes in Home State of Florida May 9, 2025 By Anna J. Kaiser Ken Griffin’s Citadel is putting its Florida lobbying muscle behind an effort to allow four-year non-compete clauses and garden leaves...