Lockton Re Forms Capital Markets Unit September 12, 2022 Lockton Re, the global reinsurance business of independent insurance broker Lockton, has formed Lockton Re Capital Markets (LRCM), designed to...
MS Amlin AG to Rebrand as ‘MS Reinsurance’ September 12, 2022 MS Amlin AG announced it would rebrand this month to MS Reinsurance, which is a reflexion of parent company MS&AD’s...
Autonomous Cars May Always Need Remote Human Supervisors, Experts Say September 12, 2022 By Nick Carey and Paul Lienert MILTON KEYNES, England — Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop...
Gallagher Re Launches Academic Research Center September 12, 2022 Gallagher Re, the global reinsurance broker, announced the launch of the Gallagher Research Centre (GRC). Housed within Gallagher Re’s Global...
Typhoon Muifa Takes Aim at Asia’s Largest Port of Shanghai September 12, 2022 By Kevin Varley Asia’s largest container shipping hub may face another major storm as Typhoon Muifa bears down on Shanghai and nearby Ningbo....
Towne Insurance Snaps Up Lee-Moore Agency in North Carolina September 12, 2022 Virginia-based Towne Insurance has continued its steady rate of expansion with the acquistion of Lee-Moore Insurance Agency in North Carolina....
Study Says Rising Seas to Affect $108B in SE Property; Tax Bases will Suffer September 12, 2022 Rising seas will engulf millions of homes, business and parcels of land, and will reshape coastlines, property lines and local...
Biz Moves: King Insurance Acquires Two More Agencies in Florida September 12, 2022 King Insurance, a rapidly expanding brokerage based in Gainesville, Florida, has announced the acquisitions of two more Florida agencies. King...
New York Revises Compensation Fund, Workers’ Compensation Claims for 9/11 Victims September 12, 2022 Ahead of the 21st anniversary of 9/11, New York Governor Kathy Hochul signed several bills into that that seek to...
Judge Approves Boy Scouts Reorg Plan to Settle Sex Abuse Claims September 9, 2022 A bankruptcy judge on Sept. 8 granted the Boy Scouts of America (BSA) approval of its $2.5 billion reorganization plan,...