Insurance
End to Florida Agents’ ‘Diligent Effort’ Rule on Surplus Lines Takes Effect July 1
Florida’s governor has signed House Bill 1549 into law, eliminating the requirement that insurance agents make a “diligent effort” to find coverage before placing properties with a surplus lines carrier. Thanks to a late amendment to the bill in May, …
Read More Canada’s WestJet Probes Cybersecurity Incident Affecting App and Internal Systems
Canada’s WestJet Airlines is investigating a cybersecurity incident that has disrupted access to its mobile app and some internal systems, affecting an undisclosed number of users, the airlines said in a statement on Friday. WestJet said specialized internal teams are …
Read More NC Insurance Agent Charged With Manipulating Life Policies for Personal Gain
A 43-year-old North Carolina insurance agent is out on bond after she was charged with using clients’ identities to gain illicit commissions on life insurance policies, the state Department of Insurance announced. Ashley Barnhardt, of Locust, near Charlotte, was charged …
Read More People Moves: Specialist Risk Group Names Former Lockton Executive Nimmo as CEO – UK; CFC Taps Line From Markel as Chief Underwriting Officer
This edition of International People Moves details London-based appointments at the broker Specialist Risk Group and the managing general agent CFC Underwriting. A summary of these new hires follows here. Specialist Risk Group Names Former Lockton Exec Nimmo as CEO …
Read More Investigation Finds Pilot’s Meds Were Contributing Factor in Alabama Helicopter Crash
Federal investigators found that a pilot’s medication use may have been a contributing factor in a 2023 medical helicopter crash that killed two in Alabama. The National Transportation Safety Board released the final report this month on the April 2, …
Read More Erie and Philadelphia Insurance Still Working on Restoring Their Networks
Erie Insurance says it is making “steady progress” in its efforts to restore its computer systems that have been down since its information security team detected unusual activity on June 7. “Our teams—working alongside leading cybersecurity experts—continue working around the …
Read More Deadly Air India Crash Will Harden Aviation Reinsurance Market: GlobalData
The fatal crash of Air India flight AI171 on June 12, 2025 is expected to send ripple effects across the global aviation insurance market, significantly affecting insurers and reinsurers in India and globally, according to GlobalData, the London-based data and …
Read More Markets/Coverages: Marsh Launches €1B Facility for Data Center Construction Projects
Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Nimbus, a new insurance facility providing clients with comprehensive cover for the construction of large-scale data centers across the UK and Europe. The facility – supported by a …
Read More Finland Accuses Crew of Russia-Linked Ship in Damage of Baltic Undersea Power Cable
Finnish authorities have accused senior officers of a Russia-linked vessel that damaged undersea cables last year between Finland and Estonia of criminal offenses related to the wreckage. They say the oil tanker, the Eagle S, dragged its anchor to damage …
Read More Ship Signal Jamming in Persian Gulf Worsens as Conflict Widens
Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, creating confusion in the shipping chokepoint as the fighting between Iran and Israel intensified. Starboard Maritime Intelligence and Bloomberg …
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