Insurance
Lawsuit: Student with Down Syndrome Subjected to Abuse in Kansas School
An employee of a rural Kansas school district repeatedly shoved a teenager with Down syndrome into a utility closet, hit the boy and once photographed him locked in a cage used to store athletic equipment, a lawsuit claims. The suit …
Read More UK Insurers Call for Rule Change to Establish Captive Insurance Regime
Senior figures in the insurance industry are calling on the UK to restart work on a potential new market worth billions of pounds as part of a drive to boost competitiveness. Executives have written to Chancellor Rachel Reeves calling for …
Read More Rhode Island Sues 13 Firms That Worked on Troubled Washington Bridge
Rhode Island Gov. Dan McKee announced Friday that the state has filed a lawsuit against 13 companies that provided design, construction and inspection services related to the troubled Washington Bridge. The bridge was partially shut down over safety concerns in …
Read More People Moves: Rokstone Appoints Burrow Head of US Excess Casualty; Canopius Hires Mills to Head US Casualty
Rokstone, part of the Aventum Group, appointed Laurence (Larry) Burrows as head of a new US Excess Casualty division. Burrows has over 15 years of experience specializing in US casualty, latterly as a liability underwriter for Convex for the last …
Read More Europe’s $42 Billion Effort to Fight Wildfires Is an Uphill Battle
Europe is spending tens of billions of euros a year to fight wildfires, yet it hasn’t stopped blazes from flaring up across Greece and other parts of the continent this summer. This week fires on the outskirts of Athens engulfed …
Read More The Huge Profits Investors Have Made on Catastrophe Bonds Are Raising Eyebrows
A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be skewed against some issuers. Catastrophe bonds, which are issued by insurers, reinsurers and governments seeking an extra layer of disaster …
Read More Ford Recalls About 85,000 Explorer SUVs Over Engine Fire Risk
Ford Motor is recalling about 85,000 Explorer SUVs equipped with the Police Interceptor Utility package over concerns of an engine fire, the National Highway Traffic Safety Administration said on Friday. In the event of a motor failure, oil and fuel …
Read More Freeway Drives Six New Franchises in Southeast, California
Freeway Insurance, a division of Confie, a large personal lines agency and brokerage in the United States, has expanded with six new franchises in Florida, Georgia, Tennessee and California. In south Florida James Ospina will head the office in Boynton …
Read More Family Settles with Officer Whose K9 Killed an Alabama Man in 2018
MONTGOMERY, Ala. (AP) — The family of a man killed by a police dog in Montgomery, Alabama, has agreed to settle its federal lawsuit against the police officer who handled the animal, but their lawyers said Friday that they plan …
Read More People Moves: Skyward Specialty Hires Four Regional VPs and Two Underwriters
Skyward Specialty Insurance Group, Inc., headquartered in Houston, named four new regional vice presidents and two new underwriters. Skyward Specialty named Gregg Callahan regional vice president in its northeast region in New England. Callahan spent the last 27 years at …
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