Insurance

This edition of International People Moves details appointments at AXA XL, Liberty Specialty Markets (LSM) and MS Amlin. A summary of these new hires follows here. AXA XL Promotes Coxall to Head of Underwriting Mgmt, UK & Lloyd’s AXA XL …

Some environmental groups have taken legal action against French bottled water and dairy group Danone over its plastic use, accusing it on Monday of failing to sufficiently account for all the plastic used along its production cycles. Danone, the world’s …

Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown that was triggered soon after its mammoth stock market debut was scuppered two …

Following a record year in 2021, insurance agency consulting firm Marshberry said the amount of mergers and acquisitions in the insurance industry dropped by more than 200 in 2022 but when all is said and done, the year could still …

A federal judge last week approved an $11 million deal to end a proposed class action lawsuit against insurance technology provider Zywave. The lawsuit filed in U.S. District Court for the Northern District of Texas in June 2021 alleged Insurance …

A former Florida claims adjuster for State Farm Insurance and Berkshire Hathaway Group has pleaded guilty to participating in a brazen plan in which suspects posed as law officers and robbed alleged drug dealers in the Tampa area. From December …

ANNAPOLIS, Md. (AP) _=— The families of victims in the Capital Gazette shooting and some newspaper employees who survived the deadly 2018 attack dismissed civil charges against The Baltimore Sun and Tribune Publishing this week after settling the case, the …

Vermont has requested a federal damage assessment to see if the state qualifies for a federal major disaster declaration from last month’s storm that caused tens of thousands of power outages and other damage. Vermont Emergency Management Director Erica Bornemann …

The Florida Supreme Court has struck down $16 million in punitive damages against R.J. Reynolds Tobacco Co. as “excessive,” a decision that could bode well for insurers and businesses relying on courts to interpret state law strictly as written. “Text …

Texas Mutual announces Duncan as CEO of new health insurance subsidiary Texas Mutual Insurance Company, based in Austin, Texas, has hired Meredith Duncan as the president and chief executive officer of the company’s new health-focused subsidiary. Subject to regulatory approval, …