Insurance
Howden Acquires UK Sport and Entertainment Specialist Broker, Hencilla Canworth
Howden, the London-based insurance intermediary group, announced it has acquired Hencilla Canworth GI Ltd., a leading British independent specialist performing arts insurance broker. Founded in 1981, based in Croydon, UK, and trading since 2021 as Hencilla Canworth GI Ltd., Hencilla …
Read More Florida Surplus Lines Saw ‘Monumental’ Growth in February, FSLSO Says
Surplus lines in Florida saw a huge increase in premium, policy count and new business for February compared to the same month last year, a spike in growth that the Florida Surplus Lines Service Office called “monumental” and “eye-popping.” The …
Read More German Industry Sounds Alarm on Infrastructure Security After Tesla Attack
German industry called for better protection of critical infrastructure on Wednesday after a suspected arson attack by leftist activists on Tesla’s gigafactory outside Berlin halted production until further notice. Security officials cleared the Tesla site on Tuesday after what CEO …
Read More From Idalia to Otis: The Hurricanes That Shaped 2023 and What’s Next
We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap and 2024 Outlook briefing, to provide a range of perspectives from meteorology to market impact. We looked back at the …
Read More SEC Scales Back New Pollution-Disclosure Rules for Companies
The Securities and Exchange Commission will force companies to disclose their greenhouse gas emissions for the first time, but watered down a key requirement after heavy lobbying from industry groups. After receiving thousands of comment letters and numerous litigation threats, …
Read More Brown & Brown Acquires Texas’ Hillco Insurance
Brown & Brown announced that it has acquired the assets of Hillco Insurance. Hillco was established by Hunter Hill in the Dallas metropolitan area to serve the personal and commercial insurance needs of the expansive Dallas business community. The Hillco …
Read More Most Americans Want Legal Reforms Against Practices Like Litigation Funding: Survey
A majority of Americans are unaware of third-party litigation funding but most believe state and federal laws should be changed to address abuses in the legal system. According to the results of a recent survey of 2,000 people conducted by …
Read More People Moves: LAUNCH Names Seger CTO; Kraus-Anderson Insurance Adds Business Development Positions
LAUNCH Names Seger CTO LAUNCH, headquartered in Omaha, named JT Seger as chief technology officer. Seger’s experience includes being a co-founder at Sequel and a principal software engineer at Maptician and iN2L+LifeLoop. Kraus-Anderson Insurance Adds Business Development Positions Kraus-Anderson Insurance …
Read More Resilience in California Launches Technology E&O Coverage
San Francisco, California-based Resilience launched a Technology Errors & Omissions coverage for U.S. organizations with $300 million to $10 billion in revenue. With $10M in limits available for both primary and excess placements, the E&O addition to Resilience’s existing cyber …
Read More Biden Approves Federal Disaster Aid for Vermont for December Flooding, Severe Storm
President Joe Biden has approved a federal disaster declaration sought by Gov. Phil Scott to help communities in seven Vermont counties that saw severe rainfall and flooding in December. Federal funding is available on a cost-sharing basis to state and …
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