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...
P/C Agency Mergers Rise 10% in First Half of 2021: OPTIS Partners July 9, 2021 There were 339 announced property/casualty insurance agency mergers and acquisitions during the first half of 2021, up from 307 in...
Sweeping Biden Executive Order Aims to Promote Competition in Multiple Industries July 9, 2021 By Justin Sink President Joe Biden will sign a sweeping executive order designed to promote competition across American industries, calling on regulators to...
Check’s in the Mail? Insureds Seek Claims Payments Options July 9, 2021 Insurance companies focused on the customer experience may want to reconsider how they are delivering claims payments. Data from a...