Insurance
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 …
Read More Ryan Specialty Forms International Financial Lines MGU Ryan Financial Lines
Ryan Specialty said it has formed an international financial lines managing general underwriter (MGU), Ryan Financial Lines. This MGU is being created by unifying the operations of EmergIn Risk, led by Jamie Bouloux; StartPoint Executive Risks, led by Mark Peeters …
Read More Crypto, Insurance-Linked and Trend Hedge Funds Most Popular With Investors: Report
Trend-following and niche hedge funds that trade crypto currencies and insurance-linked assets attracted most new investor money in the first three quarters of 2023, according to a global report by research firm Preqin on Wednesday. Hedge funds making use of …
Read More Tech Update: Chubb and NetSPI Launch Cyber Protection Partnership
Chubb announced a collaboration with NetSPI, a global provider proactive security. The pairing is designed to strengthen clients’ cyber-risk profiles with enhanced attack surface management and penetration testing solutions. According to a press release, Chubb policyholders in the U.S. and …
Read More