People Moves: Beazley Promotes Turk to Head of Strategy; Everest Hires Chubb’s McBride as Head of Claims; Pen Names Hiscox’s Dixon as Head of Tech September 22, 2021 This edition of International People Moves details promotions and appointments at three insurers: Beazley, Everest Insurance and MGA Pen Underwriting....
Wisconsin District Settles Suit Over Student’s Harassment for $862.5K September 22, 2021 A Wisconsin school district has settled a lawsuit brought by a former student who said the district ignored years of...
Contractor Killed at Alabama Steel Mill September 22, 2021 A Texas man who was working for a contractor at an Alabama steel mill died after being struck by a...
Oklahoma to See 9.4% Drop in Workers’ Comp Loss Costs in 2022 September 22, 2021 The Oklahoma Insurance Department approved a 9.4% decrease in workers’ compensation insurance loss costs for 2022, a reduction that will...
Karen Clark & Co.: Insured Loss from Nicholas Likely Near $950M September 22, 2021 Catastrophe risk modeling firm Karen Clark & Co. estimates that the insured loss from Hurricane Nicholas will come in at...
Louisiana Lawmaker: Residents Sleeping in Tents After Ida Damaged Housing September 22, 2021 By JC Canicosa, The Louisiana Illuminator About 13,000 homes in Louisiana’s Terrebonne and Lafourche parishes were destroyed by Hurricane Ida and displaced parish residents have been...
EU Plans to Ease Capital Rules for Insurers to Provide €120 Billion Economic Boost September 22, 2021 By Huw Jones The European Union proposed changing the bloc’s capital rules for insurers on Wednesday to release 120 billion euros ($141 billion)...
HSB Canada Introduces Cyber Coverage for Small Businesses September 22, 2021 HSB Canada, part of Munich Re, has introduced HSB Cyber Suite, a comprehensive collection of cyber insurance and services designed...
Broker/Fintech Provider Acrisure Buys New York-Based Tempo Title September 22, 2021 Acrisure, the global insurance broker and fintech services provider, announced it has entered the real estate services business through its...
Maryland Couple Indicted in $20M Insurance Fraud Scheme September 22, 2021 A federal district court in Baltimore, Maryland, unsealed an indictment charging a Maryland couple with conspiracy to commit insurance fraud...