Lagos Building Collapse Kills at Least 10; Scores Reported Missing November 2, 2021 By Nneka Chile and Seun Sanni LAGOS – Rescuers on Tuesday dug through rubble searching for survivors a day after a luxurious high-rise building collapsed while...
Court Rules California Insurance Commissioner Cannot Make State Farm Pay Refunds for Overcharges November 2, 2021 California Insurance Commissioner Ricardo Lara cannot force insurers to repay consumers when they charge excessive rates, the California Court of...
Mount Logan Capital Completes Acquisition of Nebraska’s Ability November 2, 2021 Mount Logan Capital Inc. has completed its previously announced acquisition of 100% of the equity of Omaha, Nebraska-based Ability Insurance...
PCF in Utah Completes Management-Led Buyout from Sponsor HGGC November 2, 2021 PCF Insurance Services completed a management and partner-led buyout of PCF from financial sponsor HGGC, which values the business at...
WTW’s Smith to Lead Chaucer’s Marine Specialty Division; NFP Names Beauchamp VP Commercial Lines; Insurtech BOXX Hires Steptoe as Global Chief Product Officer November 2, 2021 This edition of International People Moves details appointments in at insurer Chaucer (in the UK), the broker NFP (in Quebec)...
One80 Intermediaries Acquires Hill Program Managers in Colorado November 2, 2021 One80 Intermediaries acquired Hill Program Managers LLC, a Denver, Colo.-based program manager for commercial lines insurance. Terms of the deal...
Proposed Mass. Bill Limits Auto Claims Investigations, Shifts Payments to Insurers November 2, 2021 By Elizabeth Blosfield A proposed bill was heard last month in the Massachusetts legislature that aims to place a time limit on auto...
Where U.S. Insurers Are in Integrating Environmental, Social, Governance Issues November 2, 2021 U.S. insurers are increasingly listening to demands from stakeholders that they use social, environmental and governance factors in their decision-making....
Norway Faces Hard Choices After Wind Turbines Ruled Threat to Reindeer Herder Rights November 2, 2021 By Gwladys Fouche and Terje Solsvik OSLO – Norway faces hard choices over the future of two major wind farms stripped of their licenses for jeopardizing...
AIG Completes Sale of Stake in Life & Retirement Unit to Blackstone November 2, 2021 American International Group and Blackstone said they have closed on the previously disclosed transaction for Blackstone to acquire a 9.9%...