People Moves: BMS Promotes Gormley to UK CEO; Schepers Named Head of WTW Insurance Consulting and Technology as Underwood Retires June 29, 2022 This edition of International People Moves details appointments at the brokers BMS and Willis Towers Watson (WTW). A summary of...
U.S. Power Companies Face Supply-Chain Crisis This Summer June 29, 2022 By Scott DiSavino U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation...
Florida Driver Could Get $12M After Insurer Did Not Respond to Settlement Offer June 29, 2022 By Jim Sams A Florida accident victim gets a second chance to compel an auto insurer to pay a $12.7 million judgment after...
Cross Insurance Acquires Benefits Agency in Massachusetts June 29, 2022 Maine-based insurance agency Cross Insurance has reported its acquisition of Northern Benefits of Massachusetts. Northern Benefits of Massachusetts, based in...
FEMA to Send Connecticut $1.3M for May Storm Recovery June 29, 2022 The Federal Emergency Management Agency will be sending nearly $1.3 million to the state of Connecticut to reimburse it for...
Mosaic Expands Summer Intern Program for Students in Bermuda, New York, London June 29, 2022 Mosaic Insurance has welcomed its second year of summer interns, expanding the program to include students at its Bermuda, New...
Probe Into Australia’s Mining Sector Uncovers ‘Horrific’ Sexual Abuses June 29, 2022 By Jason Scott A landmark inquiry into Australia’s mining sector has uncovered dozens of shocking cases of sexual harassment and abuse of women...
Carlyle Unit Assumes Full Risks of Operating Gas Field as Insurers Shun Black Sea June 29, 2022 By Irina Vilcu and Andra Timu A unit of Carlyle International Energy Partners LP has assumed the full risks of operating a new gas field in...
Don’t Count Out Insurtech Disrupters, Carrier CEOs Say June 29, 2022 By Susanne Sclafane Insurtechs bent on disrupting the insurance industry haven’t succeeded so far, but a future wave of insurtechs might emerge to...
U.S. Vehicle Quality Hits 36-Year Low as Supply, Labor Woes Continue: J.D. Power June 29, 2022 By Nathan Gomes The quality of vehicles sold in the United States fell to a 36-year low in 2022, according to automotive consultant...