INSURANCE NEWS
XPT Specialty Acquires Texas’ Craig & Leicht
XPT Specialty announced the acquisition of Texas-based wholesale agency Craig & Leicht. Founded by Amy Leicht-Craig and former TSLA president Matt Leicht, CIC, CPCU, ASLI, Craig & Leicht has earned a strong reputation for their multi-faceted experience in a wide …
People Moves: WTW Adds 2 Surety Experts in Northeast; Jones Heads Arbella Foundation
WTW Adds 2 Surety Experts in Northeast Broker WTW, headquartered in London, has made two leadership appointments to its North American Corporate Risk & Broking (CRB) surety business in the U.S. Tom Rhatigan has been appointed Northeast senior director and …
Arkansas Challenges EPA’s Blocking of State Ozone Plan
LITTLE ROCK, Ark. (AP) – Arkansas filed a lawsuit Thursday challenging the Environmental Protection Agency’s decision to reject its plan to comply with federal rules that are supposed to assure that the state’s coal-fired power plants and industrial sites don’t …
Two More La. Residents Sentenced in Staged Auto Collision Scheme
U.S. District Judge Sarah S. Vance sentenced New Orleans residents Herbert Allen,age 38, and Dion Ridley, age 23, after they pleaded guilty to Conspiracy to Commit Mail Fraud in violation of Title 18, United States Code, Section 371. Judge Vance …
Midwest Meat Plant Cleaning Service Fined $1.5M for Hiring Minors
MINNEAPOLIS (AP) – One of the country’s largest cleaning services for food processing companies employed more than 100 children in dangerous jobs at 13 meatpacking plants across the country, the U.S. Department of Labor said Friday as it announced over …
Upper Midwest Braces For Nearly 2 Feet of Snow
MINNEAPOLIS (AP) – A wide swath of the Upper Midwest braced Tuesday for a historic winter storm that was expected to bury parts of the region in nearly 2 feet of snow and bring blizzard conditions. The storm was to …
Explosion at Ohio Metals Plant Kills 1 Worker, Injures More Than a Dozen
OAKWOOD VILLAGE, Ohio (AP) – A maintenance worker was killed in explosion at an Ohio metals plant that sparked a large fire and sent more than a dozen people to hospitals, with at least two in critical condition, authorities said. …
Epstein Victims Say Banks Chose Profits Over Following Law
Deutsche Bank AG and JPMorgan Chase & Co. chose to profit from Jeffrey Epstein’s sex-trafficking venture rather than follow the law, victims of the pedophile told a judge, urging him not to throw out their lawsuit seeking damages from the …
People Moves: AXIS Appoints Galanski Head of N.A. P&C Programs; Ningen Named Swiss Re CEO of U.S. P&C
AXIS Appoints Galanski as Head of North America Property & Casualty Programs Gabriel Galanski has joined AXIS Capital Holdings Limited as head of North American property and casualty programs. Galanski will manage, develop and administer programs and will work in …
New Mexico Law Signed to Help Wildfire, Flooding Recovery
New Mexico Gov. Michelle Lujan Grisham signed to use zero-interest loans to help local governments in the arid, Southwest state repair or replace public infrastructure damaged by wildfires or subsequent flooding. The law follows last year’s historic Hermits Peak-Calf Canyon …
Lawyer’s Family Files Wrongful Death Lawsuit Against Vegas Casino
The family of a Florida lawyer who suffered a heart attack at a Las Vegas blackjack table last year and died months later has filed a wrongful death lawsuit against a casino. The Las Vegas Review-Journal reports David Jagolinzer was …
Chaudhuri Moves from Alfa to Alabama DOI as Chief Actuary
Sanjeev Chaudhuri, the former chief actuary at Alfa Insurance, is the new chief actuary for the Alabama Department of Insurance, the DOI announced this week. Chaudhuri has more than 20 years of experience in property-casualty insurance, life insurance and accident …