Sompo International Sells Run-off Business at Lloyd’s to Legacy Specialist RiverStone September 2, 2022 Sompo International, the Bermuda-based provider of commercial and consumer property and casualty re/insurance, announced the sale of its Endurance at...
People Moves: Sompo Int’l Taps Zurich’s Brand as President, Continental Europe; HDI Global Specialty Promotes Candi in Italy Branch; DUAL APAC Promotes 2 Execs September 2, 2022 This edition of International People Moves details appointments at Sompo International, HDI Global Specialty, and DUAL Asia Pacific. A summary...
New York Launches $6.5M Fund for ‘Clean Tech’ Insurance Products; Seeks Program Manager September 2, 2022 New York Governor Kathy Hochul announced a $6.5 million program to support Insurance Innovation for climate-technologies, a new program focused...
South Carolina Burger Kings Fined, Agree to Changes Over Child Labor Violations September 2, 2022 The owner of nine Burger King franchises in South Carolina has agreed to improve working conditions for minors employed at...
OSHA Says Wells Fargo Owes Former Exec $22M for Improper Firing September 2, 2022 A former Wells Fargo executive is due $22 million after an investigation by the Occupational Safety and Health Administration (OSHA)...
Brazilian Reinsurer IRB Raises $228.9M in Share Offering September 2, 2022 Brazilian reinsurer IRB Brasil Resseguros SA confirmed late on Thursday it had raised 1.2 billion reais ($228.9 million) in a...
South Carolina State Workers Will Soon Get Six Weeks Paid Parental Leave September 2, 2022 Starting in October, state employees in South Carolina are entitled to six weeks of parental leave after giving birth or...
Cyber Attacks on Western European Firms on the Rise Since Ukraine War: Italy Minister September 2, 2022 By Alberto Brambilla and Flavia Rotondi Italy’s foreign minister said cyber attacks on western European companies have risen following the Russian invasion of Ukraine, as Rome...
Marsh McLennan Acquires South Carolina Agency September 2, 2022 Marsh McLennan Agency, a subsidiary of Marsh, has acquired Steinberg & Associates, an independent agency based in Spartanburg, South Carolina....
G7 Expected to Advance Russia Oil Price Cap Plans With Insurance Playing Key Role September 2, 2022 By David Lawder Group of Seven finance ministers are expected to firm up plans on Friday to impose a price cap on Russian...