Insurance
EPA Designates PFAS Chemicals as Superfund Hazardous Substances
The U.S. Environmental Protection Agency on Friday designated a pair of widely used industrial chemicals as hazardous substances under the country’s Superfund program, accelerating a crackdown on toxic compounds known as “forever chemicals.” The rule will require companies to report …
Read More What Is Volt Typhoon, the Hacking Group the FBI Warns Could Deal a ‘Devastating Blow’?
China is developing the “ability to physically wreak havoc” on U.S. critical infrastructure and its hackers are waiting “for just the right moment to deal a devastating blow,” FBI Director Christopher Wray said on Thursday. The comments were in relation …
Read More Alabama City Councilman Hit With New Auto Insurance Fraud Indictment
Authorities have added four more insurance fraud charges to those already lodged against an city official in coastal Alabama. Prichard City Councilman Derrick Griffin last week was indicted by a grand jury for the second time in four months. In …
Read More People Moves: Liberty Names Bernau as Senior Vice President, Commercial Lines Producer
The Liberty Company Insurance Brokers, headquartered in Gainesville, Florida, named Andrew Bernau senior vice president, commercial lines producer. Bernau is based in Chicago. Bernau has nearly 20 years of industry experience, beginning his career with a college internship. He most …
Read More People Moves: AEGIS London Hires AIG’s Johnson and Lambert for New Cyber Underwriting Team; Markel Promotes Gordge to Head of Terrorism in London
This edition of International People Moves details appointments at Lloyd’s syndicate AEGIS London and Markel, the insurance operations within Markel Group. A summary of these new hires follows here. AEGIS London Hires AIG’s Johnson and Lambert for New Cyber Underwriting …
Read More Fleming Acquires James River’s Casualty Reinsurance Business, Ending Legal Dispute
James River Group Holdings Ltd. announced that Fleming Intermediate Holdings has completed the $277 million acquisition of James River’s casualty reinsurance business – after a period of legal wrangling that had threatened to derail the deal. The transaction, which was …
Read More People Moves: Chubb Names Scheffler COO of Personal Risk Services; AXIS Appoints Morley Head of US E&O
Chubb said it has promoted Melissa Scheffler to chief operating officer of Personal Risk Services (PRS). Currently, Scheffler serves as regional executive officer for the Mid-Atlantic region. In a corresponding move, Bryce Graham, who currently serves as the Philadelphia and …
Read More Severe Storms Cause Damage in Middle U.S.
ST. LOUIS (AP) — Strong storms caused damage in parts of the middle U.S. this week and spawned tornadoes in Kansas and Iowa, including one that left two people hurt. An EF-1 tornado touched down shortly after 6 a.m. Tuesday …
Read More U of Kentucky ‘Distressed’ Over Alleged Misconduct by Former Swim Coach
LEXINGTON, Ky. (AP) — A Kentucky spokeswoman says the school is “distressed to hear disturbing allegations” of sexual assault by former swimming and diving coach Lars Jorgensen outlined in a lawsuit by two former team members and will cooperate fully …
Read More Travis Scott’s Attorneys Argue for Dismissal of Astroworld Lawsuits
HOUSTON (AP) — Attorneys for rap star Travis Scott argued in court this week that he should be dismissed from hundreds of lawsuits filed over the deadly 2021 Astroworld festival, saying he was not responsible for safety planning and watching …
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