Insurance
Harassment of Women in Financial Services Eclipses Other Industries: Aviva CEO Blanc
Amanda Blanc, the CEO of insurer Aviva, told British lawmakers on Wednesday that physical and verbal harassment of women in financial services eclipsed other industries and that she had heard “absolutely appalling” stories. Blanc, giving evidence to the Treasury Committee …
Read More Trends in Auto Thefts Add to Rising Claim Costs
Vehicle theft rates continue to put pressure on the personal auto insurance market. CCC Intelligent Solutions said in its year-end report that the number of vehicle thefts in the U.S. increased 2% in the first half of 2023 after rising …
Read More GM’s Cruise Robotaxi Unit Dismisses Nine Execs After Safety Probe
General Motors’ Cruise robotaxi unit dismissed nine key people amid an ongoing safety investigation, according to a memo seen by Reuters on Wednesday, which the company confirmed included Chief Operating Officer Gil West. The investigation relates to an October incident …
Read More Crews Work to Contain Gas Pipeline Spill in Washington
Responders set up a containment boom after a gasoline spill from the weekend failure of part of a pipeline in northwest Washington, but federal regulators reported no signs of any fuel reaching the Skagit River. About 25,660 gallons of gasoline …
Read More People Moves: Marsh Announces Group of Promotions in UK, Global Placement Team; Klingspor Succeeds Papanikolaou as CEO, Allianz Central Europe
This edition of International People Moves details appointments at Marsh and Allianz Central Europe. A summary of these new hires follows here. Marsh Announces Group of Promotions in UK, Global Placement Team Marsh, the insurance brokerage business of Marsh McLennan, …
Read More North Carolina Insurance Agent Can’t Appeal Sentence in $700,000 Fraud
A former North Carolina insurance agent who pleaded guilty to defrauding trucking company clients and a premium finance company of hundreds of thousands of dollars cannot challenge her sentence and restitution order, a federal appeals court decided. Glenda Taylor-Sanders, of …
Read More Texas Sues VA Claims Insider for Deceptive Trade Practices Targeting Veterans
Texas Attorney General Ken Paxton has sued VA Claims Insider, LLC, (VACI) for engaging in deceptive trade practices to defraud veterans seeking disability benefits from the U.S. Department of Veterans Affairs. VA Claims Insider is a for-profit business selling memberships …
Read More Texas Mutual President Jeanette Ward Honored with 30-Year Milestone and Yellow Rose of Texas Award
Texas Mutual President and CEO Jeanette Ward recently celebrated two significant achievements with the Texas Mutual board and members of its executive council. On November 17, Ward reached 30 years with Texas Mutual and the governor’s office recognized this achievement …
Read More Missouri’s Denali Specialty Expands Investor Property Program to Include Student Housing
Denali, a wholesale insurance specialist, announced that its Investor Property Program has grown to include student housing. The expansion of Denali’s package insurance for investor properties is well timed. Limited housing supply and high demand at U.S. colleges and universities …
Read More OneDigital Acquires Ohio’s RiskSOURCE
OneDigital, an insurance brokerage, financial services and HR consulting firm, has acquired RiskSOURCE Clark-Theders, a property & casualty firm based in Cincinnati, Ohio. RiskSOURCE, founded in 1977 and licensed in 46 states, specializes in customized risk management and insurance solutions …
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