Insurance
Small Plane Overshoots Runway in Texas, Collides with Car During Emergency Landing
MCKINNEY, Texas (AP) – A small plane overshot the runway while landing at a Texas airport over the weekend and struck a car driving along a nearby road, injuring one person, authorities said. Video shows the propeller plane smash through …
Read More Viewpoint: Proposed Flood Zone Expansion Would Increase Need for Private Insurance
A federal advisory panel’s proposal that the U.S. government expand the areas considered to be at high risk of flooding could increase the number of homeowners required to buy flood insurance. While this would increase the amount of insured flood …
Read More People Moves: Canopius Promotes Newman to UK CEO; Sedgwick Appoints Gibson as UK CEO
This edition of International People Moves details appointments at A summary of these new hires follows here. Canopius Promotes Newman to UK CEO Canopius Group, the London-based specialty re/insurer, announced the appointment of Mark Newman as chief executive officer for …
Read More Columbia University and Hospital Plan $100M Fund for Hadden Sex Abuse Survivors
New York City’s Columbia University and Columbia University Irving Medical Center (CUIMC) announced a plan that includes a $100 million fund for survivors to address the abuse and trauma inflicted by former gynecologist Robert Hadden. The $100 million survivors’ settlement …
Read More Colorado Legislature Convening to Address Skyrocketing Property Costs
Colorado Gov. Jared Polis hoisted a red baseball bat and smashed emergency glass in a silly demonstration for a very real crisis, Colorado homeowners are looking down the barrel of a potential 40% jump in property tax bills. After a …
Read More ICBC Flies Top Executives to US in Race to Contain Hack Fallout
Within days of a cyberattack at its US unit, members of Industrial & Commercial Bank of China Ltd.’s management were on a plane. Officials from the world’s largest lender arrived in the US over the weekend in a hastily arranged …
Read More Economic Threats Top List of G20 Business Leaders’ Concerns: WEF Survey
Economic and societal threats – such as an economic downturn, inflation, and an erosion of social cohesion – rank among the biggest risks in G20 countries over the next two years, according to a global survey of business leaders conducted …
Read More 2 Arrested After Atlanta Apartment Fire Linked to Fireworks Displaces 100+
ATLANTA (AP) — Two people have been arrested in connection with a fire that damaged an Atlanta apartment complex and led to more than a hundred evacuations. Atlanta news outlets reported that the fire happened Friday night. Firefighters were still …
Read More Arthur J. Gallagher & Co. Acquires Australia’s Edgar Insurance Brokers
Arthur J. Gallagher & Co. announced the acquisition of Cobram, Victoria-based Edgar Insurance Brokers. Terms of the transaction were not disclosed. Edgar Insurance Brokers provides commercial insurance products and services in Australia with a client focus of rural and farm, …
Read More Markets/Coverages: WTW Launches Global D&O Excess Facility Called ‘A-Star’
Insurance broker WTW announced the launch of “A-Star,” an excess layer D&O insurance solution for directors and officers. The new facility provides access to up to £/$/€ 80,000,000 additional capacity for directors & officers liability insurance, ensuring comprehensive protection for …
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