Insurance
Report on Virginia Beach Mass Shooting Stresses Training for Police, Fund for Victims
A state commission has called for numerous changes to how Virginia and its communities respond to mass shootings, from establishing a victims` fund to teaching people how to slow bleeding before paramedics arrive. But the panel`s final report on a …
Read More People Moves: Bohm Head of US Capital Advisory at BMS Group; NIP Group Names Lindemann General Counsel; Stoik to Head Ascot Marine
BMS Group Appoints Andras Bohm as Head of U.S. Capital Advisory BMS Group announced the appointment of Andras Bohm as the head of its U.S. capital advisory business and the CEO of BMS Capital Advisory, Inc. (BMS Groups’ U.S. broker-dealer). …
Read More College Athletes Are Fighting for a Cut of Billions Generated in Media Rights Deals
At a reception attended by several university presidents in Manhattan, Arizona State President Michael Crowe was asked to ponder a not-too-distant future where Sun Devils football and basketball players get a cut from the billions of dollars their sports generate …
Read More NFP Acquires UK-Based Cronin Insurance Consultancy Ltd.
NFP, a New York City-based property/casualty broker, announced its acquisition of The Cronin Insurance Consultancy Ltd., a commercial insurance broker based in the West Midlands, England. This latest acquisition continues NFP’s growth in the region and provides Cronin with access …
Read More NHTSA Fines Zipcar for Uncompleted Recall Rentals
U.S. auto safety regulators said Oct. 16 that car-sharing firm Zipcar has agreed to pay a $150,000 fine after a government investigation found it allowed customers to rent vehicles with uncompleted recalls. Zipcar could be forced to pay another $150,000 …
Read More 1 Global Capital CEO Pleads to Using Investor $ for Cars, Artwork Insurance
MIAMI (AP) — A Florida executive whose family business once owned Playgirl magazine is awaiting sentencing after pleading guilty to conspiracy to commit securities fraud for misleading investors in another of his companies — one that made high-interest loans to …
Read More Banks Told to Review Clients in Historic ESG Crackdown in EU
Banks in Europe will need to adjust the risk assessments they conduct of their clients to reflect new ESG requirements enforced by their watchdog. In a world first, the European Banking Authority is revising the framework that sets industrywide capital …
Read More Trump Sues Ex-British Spy Over Dossier Containing ‘Shocking and Scandalous Claims’
A lawyer for Donald Trump told a London judge Monday that the ex- president plans to prove that a discredited report by a former British spy that contained “shocking and scandalous claims” that he was compromised by Russians in his …
Read More Markets/Coverages: Howden Launches Climate Parametrics Practice to Help Clients Derisk Net-Zero Climate Transition
Howden, the London-based insurance group, announced the creation of Howden Climate Parametrics, a global practice that brings together re/insurance, climate, and data expertise to focus parametric risk transfer solutions on meeting the escalating demand for climate derisking capabilities across industries, …
Read More NFP Acquires Florida Broker
Global insurance broker NFP announced it has acquired Benefits & Co., the Florida benefits business of Clearscope, a benefits services and software firm with offices in New York and New Jersey. Based in Sunrise, Florida, Benefits & Co. is an …
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