People Moves: HSB Canada Appoints Bellissimo as President and CEO; Canopius Taps Lee From AIG as CEO, Asia-Pacific & MENA April 4, 2024 This edition of International People Moves details appointments at HSB Canada and Canopius Group. A summary of these new hires...
Iowa Man Sentenced for Insurance Fraud April 4, 2024 An Iowa man was sentenced in March after pleading guilty to one count of Theft 3rd Degree (Aggravated Misdemeanor) following...
US D&O Insurance Segment’s Improved Results Unlikely to Be Sustainable: Fitch April 4, 2024 By L.S. Howard The U.S. directors and officers (D&O) liability insurance segment’s strong underwriting profit of 2023 is unlikely to be sustainable, according...
People Moves: Risk Strategies Appoints Conklin; Edwards Joins Alliant in New York April 4, 2024 Risk Strategies, headquartered in Boston, appointed Josh Conklin as national employee benefits growth leader and senior managing director. Conklin joined...
Major Highway, Rail Service Shut Down in Philadelphia After Truck Hits Bridge April 4, 2024 A stretch of a major interstate highway will be closed for several days after a tractor-trailer carrying an oversize load...
Nationwide Wants 19% Increase in Auto Rates in West Virginia April 4, 2024 Nationwide Insurance is asking West Virginia regulators for a 19% average rate increase on auto liability insurance, a move that...
Brown & Brown Buys Citrus/CHAPP Agency in Florida April 4, 2024 Brown & Brown Inc., the sprawling U.S. insurance brokerage based in Daytona Beach, has acquired Citrus Insurance and its affiliate,...
Severe Weather Spawns Tornado, Damage and One Death in South, Midwest April 4, 2024 By Bruce Shipkowski Thousands of homes and businesses were without power Tuesday as severe weather roared through several states, causing at least one...
Citigroup Urges Dismissal of New York’s ‘Misguided’ Lawsuit Over Online Scams April 4, 2024 Citigroup on Tuesday urged a federal judge to dismiss New York Attorney General Letitia James’ lawsuit accusing its Citibank unit...
Freight Railroads Must Keep 2-Person Crews Under New Federal Rule April 4, 2024 By Josh Funk Major freight railroads will have to maintain two-person crews on most routes under a new federal rule that was finalized...