California Legislators Approve $21 Billion Liability Fund for Utilities July 12, 2019 By Jim Christie California lawmakers approved legislation on Thursday to create a $21 billion fund to help utilities in the state pay for...
Aon Promotes Ronda to President of U.S. Reinsurance July 12, 2019 Global broker Aon has promoted Aon veteran Tim Ronda to president of its U.S. Reinsurance Solutions business. He is based...
London’s Uber Drivers Sue City’s Mayor for ‘Discriminatory’ New Levy July 12, 2019 By Kaye Wiggins London Mayor Sadiq Khan’s decision to charge Uber Technologies Inc. drivers to operate in the city center amounts to racial...
Large French Companies Increasingly Are Targeted by Ransomware Attacks July 12, 2019 By Helene Fouquet Large companies in France are increasingly the targets of cyber attackers who lock up data and demand a ransom, but...
Future at Lloyd’s Consultation Period Ends – Now the Hard Work Begins July 12, 2019 When the 10-week consultation period for “The Future at Lloyd’s” project ended this week, Lloyd’s confirmed that participation was widespread,...
AXA Appoints Guidée from Goldman Sachs as Group Chief Risk Officer July 12, 2019 AXA announced the appointment of Renaud Guidée as group chief risk officer. Currently managing director at Goldman Sachs in France,...
PG&E Pushes for Tax-Exempt Bond Bill for Fire Claims July 12, 2019 By Scott Deveau, Mark Chediak and Jeffrey Taylor PG&E Corp. is lobbying California legislators to allow it to issue tax-exempt bonds to help pay for past and future...
5th Circuit: No Assertion that Drunken Driving Equals Intention to Crash July 12, 2019 By Jim Sams If a drunken motorist collides with another vehicle, can the incident truly be called an accident? A federal judge in...
New York-Based Broker NFP Buys Toronto’s McLean Hallmark Insurance Group July 12, 2019 By L.S. Howard New York City-based insurance broker and consultant NFP announced it has acquired Canadian broker McLean Hallmark Insurance Group Ltd. Financial...
Arthur J. Gallagher Acquires Texas-Based BluePeak Advisors July 12, 2019 Arthur J. Gallagher & Co. has acquired BluePeak Advisors LLC, headquartered in Bartonville, Texas. Terms of the transaction were not...