Insurance
Fla. Insurance Agent Charged With Premium Theft Now in Prison, Has Paid Restitution
A high-profile southwest Florida insurance agent who pleaded “no contest” to absconding with thousands of dollars in premiums has been sentenced to just over a year in prison. Reid J. McDaniel, 33, of North Fort Myers, was charged a year …
Read More Trump Media CEO Nunes loses defamation lawsuit over Rachel Maddow show
A federal judge dismissed a defamation lawsuit by Devin Nunes, the former California congressman and now chief executive of Trump Media and Technology Group, against NBCUniversal over a comment by Rachel Maddow about his dealings with a suspected Russian agent. …
Read More California Defense Contractor and Private Equity Firm to Pay $1.75M Over Cybersecurity
Two California companies agreed to pay $1.75 million for failing to comply with cybersecurity requirements in an Air Force contract. Defense contractor Aero Turbine Inc., in Stockton, California, and private equity company Gallant Capital Partners LLC, in Los Angeles, settled …
Read More Parrish Named CEO of Howden U.S., Is Sued by Former Employer Marsh
Mike Parrish has been named the chief executive officer of Howden U.S., a new U.S. retail broking business of Howden, and he will start in September subject to his “fulfillment of relevant contractual obligations.” Meanwhile, Parrish—previously the head of rival …
Read More Beijing Faces More Torrential Rainfall Days After Deadly Floods
Beijing is getting drenched by another round of heavy rain, one week after torrential downpours across parts of the Chinese capital unleashed flooding that claimed at least 44 lives. The city’s meteorological service elevated its rainstorm warning signal to red …
Read More Business Moves: Specialist Risk Group Acquires Ecclesia’s Dutch and Belgian Operations; Optio Completes Purchase of UK MGA Custodian Management
Specialist Risk Group Acquires Ecclesia’s Dutch and Belgian Operations Specialist Risk Group (SRG), the London-based global insurance intermediary, announced it has completed the acquisition of German broker Ecclesia’s businesses in the Netherlands and Belgium. Originally announced in January 2025, this …
Read More People Moves: Liberty GTS Names Remsen Head of East, Americas; Black Named National Property Leader at Amwins; Tasse to Head Amwins Underwriting Growth
Liberty GTS Appoints Remsen Head of East in the Americas Region Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, promoted Jason Remsen to head of East, Americas. He will be based in New York City. Remsen has experience …
Read More People Moves: BHSI Launches Program Business in Canada Led by Tran; Aspen Promotes Cushway as Head of Int’l and UK Casualty Insurance, in New Role
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance and Aspen Insurance Holdings. A summary of these new hires follows here. BHSI Launches Program Business in Canada Led by Tran Berkshire Hathaway Specialty Insurance (BHSI) has …
Read More Senate Confirms Anti-DEI Stalwart Lucas to Second Term at EEOC
The Senate confirmed Andrea Lucas to another term as commissioner of the country’s workplace civil rights agency, demonstrating firm Republican support for her efforts to root out diversity programs, roll back protections for transgender workers and prioritize religious rights in …
Read More United Risk Acquires Verita CSG From WTW; Rebrands as Verist With Chang as CEO
United Risk has acquired specialized property/casualty managing general agent Verita CSG, Inc. from global risk advisor WTW and rebranded the venture as Verist LLC. Industry veteran Michael Chang will become CEO of Verist, now based at 50 Rockefeller Plaza in …
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