BMS Re Acquires Trean Intermediaries in Minnesota July 9, 2021 BMS Re has acquired Trean Intermediaries, a Wayzata, Minn.-based independent reinsurance broker and services company. BMS Re has acquired Trean...
Teen on Life Support After Deadly Iowa Adventure Park Incident July 9, 2021 By Ryan J. Foley A teenager injured in an accident on an Iowa amusement ride that killed his younger brother remained on life support...
County in Washington Ordered to Pay $900K to Worker Over Retaliation July 9, 2021 A federal jury has ordered King County to pay about $900,000 to a Black senior Metro transit worker who said...
California Seeing More Wildfires So Far Than in Disastrous 2020 July 9, 2021 The number of wildfires and amount of land burned in parched California so far this year greatly exceed totals for...
Guy Carpenter Launches Suite of Climate Advisory and Modeling Services July 9, 2021 Guy Carpenter & Co., the reinsurance business of Marsh McLennan, announced the launch of a suite of climate advisory and...
Ex-Liberty University Exec Files Lawsuit Alleging Racial Discrimination July 9, 2021 A former NFL player hired last year to help lead diversity initiatives at Liberty University is suing the school, alleging...
AM Best Assigns Credit Ratings to Spinnaker Specialty Insurance Company July 9, 2021 AM Best has assigned a financial strength rating of A- (excellent) and a long-term issuer credit rating of “a-” (excellent)...
Massachusetts Man Sentenced to Prison for Workers’ Compensation Fraud Scheme July 9, 2021 A Massachusetts man has been sentenced to prison for a fraud scheme to evade payroll taxes and workers’ compensation requirements...
EU Approves Aon-Willis Towers Watson Merger, but Other Roadblocks Remain July 9, 2021 By L.S. Howard The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed...
People Moves: FM Global Sets CEO Succession; Berkley Fire & Marine and ArgoPro Name Presidents; Next Insurance Adds M&A Chief July 9, 2021 FM Global Appoints Roberts as President, Succeeding Lawson Global commercial property insurer FM Global announced that Executive Vice President Malcolm...