INSURANCE NEWS
Low Levels of Radioactive Tritium from Minnesota Energy Company may Be Near Mississippi River
Groundwater containing low levels of radioactive material may have reached the edge of the Mississippi River, the energy company responsible for the leak from its nuclear power plant in Monticello, Minnesota, announced on. Tritium, a radioactive isotope of hydrogen, has …
Acrisure Brand Roll out Reaches Texas, Louisiana, Arkansas and Oklahoma
Acrisure said that local partners in its South Region will be rebranded as Acrisure in a continuation of the firm’s global brand roll out. As part of the roll out, Acrisure businesses in Texas, Louisiana, Arkansas and Oklahoma will now …
Train Derailment in Northern Montana Spills Freight
A train derailment in northern Montana spilled freight and left 25 cars tangled up along a major east-west railroad corridor but caused no injuries. The accident comes less than a month after a railroad bridge collapse in southern Montana sent …
People Moves: Arch Promotes Blois to Underwriting Mgr, Hires 3 PI U/Ws; Canopius Names CFC’s Gayle as Cyber U/W; WTW Taps Sales From Aon for Large Client GB Team
This edition of International People Moves details appointments at Arch Insurance, Canopius, and Willis Towers Watson (WTW). A summary of these new hires follows here. Arch Promotes Blois to U/W Manager, Hires 3 PI Underwriters Arch Insurance’s UK Regional Division …
Protester Sues Police for Over Arrest Near Maine Home of Federalist Society’s Leo
A demonstrator arrested outside the home of conservative legal activist Leonard Leo contends police violated his First Amendment rights. Eli Durand-McDonnell, 24, of Bar Harbor, contends in a federal lawsuit filed Thursday that two police officers singled him out among …
Howden Switzerland Acquires Specialist Aviation Broker Hudson Sky
Howden, the London based insurance group, announced it has acquired Hudson Sky International, a specialist aviation broker in Switzerland. This acquisition is part of Howden’s wider strategy to become a leader in its chosen specialty markets, such as aviation, and …
High-Profile Forensic Scientist Lee Liable for Fabricating Evidence in Murder Case
Famed forensic scientist Henry Lee was found liable for fabricating evidence in a murder case that sent two Connecticut men to prison for decades for a crime they did not commit, a federal judge ruled Friday. Ralph “Ricky” Birch and …
Wildfires Rage Across Greece With Record Heat Forecast for Italy
Wildfires are raging across Greece after about 19,000 people were evacuated from the island of Rhodes over the weekend, while record temperatures are forecast for Sardinia. Over the past 24 hours, 162 fires have been reported across Greece amid high …
Arkansas School Districts Face 130% Increase in Property Premiums, Seek Financial Assistance
An Arkansas subcommittee last week approved Gov. Sarah Huckabee Sanders’ request for close to $11 million from the state’s restricted reserve fund to offset costs for school districts facing soaring property insurance costs. Arkansas school districts are facing an average …
Reinsurance Execs From Convex, Swiss Re Set Pacific Record in World’s Toughest Row
Reinsurance executives from Convex Group Ltd. and Swiss Re completed The World’s Toughest Row, a race from California to Hawaii, breaking a world record as the fastest mixed-gender crew in history to complete the trip in 34 days, 8 hours …
Over 17,000 Policies Written Through Insure Louisiana Incentive Program
Insurance companies have written more than 17,000 policies through the Insure Louisiana Incentive Program as of May 31, Commission Jim Donelon announced last week. SafePoint Insurance and its affiliate Cajun Underwriters (CURE) have been approved to take another 20,000 policies …
NTSB Looking at Risk Parked Semis Posed to Greyhound Bus in Fatal Illinois Accident
ST. LOUIS (AP) – Big rig driver David Cherno was hauling Jimmy Dean sausages on Interstate 70 when he had to stop for the night or risk violating federal regulations limiting driving time for truckers. An Illinois rest area was …