Insurance
Jury Dismisses Suit Claiming LSU Officials Retaliated Against a Former Athletics Administrator
BATON ROUGE, La. (AP) – A jury on Wednesday dismissed a lawsuit accusing top Louisiana State University officials of retaliating against an athletics administrator for reporting alleged inappropriate sexual behavior by a head football coach. After six days of testimony, …
Read More Aon-NFP Merger a Win-Win for Middle Market Segment, Aon Says
A merger between Aon and NFP will be a win-win for both brokers, creating a company that will be greater than the sum of its parts. While those weren’t the exact words used by Aon’s CEO Greg Case, they were …
Read More Risk Strategies Buys Florida-based Setnor Byer Brokerage
Risk Strategies, a specialty insurance brokerage, has acquired Setnor, Byer, Boganoff Inc., which does business as Setnor Byer Insurance & Risk, a Fort Lauderdale-area brokerage and risk management firm. Terms of the deal were not disclosed. Founded in 1981, Setnor …
Read More Appeals Court Finds Rules for Oregon’s Climate Program Invalid
A state appeals court in Oregon decided the rules for a program designed to limit and drastically reduce greenhouse gas emissions from fossil fuel companies are invalid. The program, started in 2022, is one of the strongest climate programs in …
Read More 7th Person in Tennessee Dies from Tornado
NASHVILLE, Tenn. (AP) — A seventh person in Tennessee has died from injuries she suffered during a string of powerful storms earlier this month that whipped up destructive tornadoes, according to police. Penny Scroggins, a 78-year-old from Clarksville, died Saturday …
Read More US Airlines Ready for Busier Holiday Travel After 2022 Meltdown
U.S. airlines say they are prepared for busier end of year holiday travel compared with the same peak period a year earlier, when storms led to thousands of canceled flights and congestion. The U.S. Federal Aviation Administration expects Thursday to …
Read More People Moves: Triple-I Adds 4 Non-Resident Scholars; Tate Appointed Aspen’s Head of Product for Inland Marine; Schuermann Named President of Berkley Entertainment
The Insurance Information Institute (Triple-I) announced the appointment of four new Non-Resident Scholars (NRS). Teresa Chan, Director – Insurance Management Program School of Professional Studies, Columbia University Seth Rachlin, Assistant Teaching Professor, Social Data Science, Arizona State University Joan T. …
Read More People Moves: Parkinson Joins Signers National; Baynes to Succeed Crawford at New York Municipal Reciprocal
Signers National, a specialty insurance agency group focused on commercial real estate, nonprofits and human service organizations, headquartered in New York, N.Y., hired Chris Parkinson as chief information officer (CIO). Parkinson most recently served as senior vice president of global …
Read More Global Regulators to Tackle Hidden Leverage Across ‘Shadow Banking’ Sector
Tackling hidden leverage across the multi-trillion dollar “shadow banking” sector is next year’s priority, global financial regulators said on Wednesday, but the challenge of accessing data could hamper the process. The G20’s Financial Stability Board (FSB) and IOSCO, a global …
Read More Ryan Specialty Signs Agreement to Buy Castel Underwriting Agencies From Arch
Ryan Specialty, the Chicago-based specialty insurance firm, announced it has signed a definitive agreement to acquire Castel Underwriting Agencies Ltd. from Arch Financial Holdings (UK) Ltd. and minority shareholders. Terms of the transaction were not disclosed. Founded in 2014, Castel …
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