The Jensten Group, the UK-headquartered independent insurance broking group. has completed the acquisition of Ravenhall Risk Solutions, following final regulatory approval, bringing an additional 2,500 clients and 25 staff to the group. Leeds-based Ravenhall Risk Solution serves commercial and personal …

European Union sanctions on Russian oil might still be eight weeks away, but they’re hitting trade in the nation’s crude already. The bloc’s measures, including a ban on insuring tanker shipments, enter into force on Dec. 5. A Russian cargo …

As Hurricane Ian bore down on Florida, normally reliable computer forecast models couldn’t agree on where the killer storm would land. But government meteorologists are now figuring out what went wrong – and right. Much of the forecasting variation seems …

MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced the appointment of Andrew Carrier as chief executive officer. Carrier, currently MS AUL’s chief underwriting officer (CUO), will take up the role on Jan. 1, 2023, subject to regulatory approval. …

The conviction of Uber Technologies Inc.’s former security chief on Oct. 5 has raised the specter that a high-profile criminal charge and newly expanded federal rules may force companies to be more transparent when it comes to reporting cybersecurity breaches. …

U.S. insurer and reinsurer MSIG Holdings reported that Johan Slabbert has been named chief executive officer of the Warren, New Jersey-based company. Slabbert, currently CEO at MS Amlin Underwriting Limited, will assume the role on January 1, 2023, according to …

Mauna Loa, the largest active volcano on the planet, is in a “state of heightened unrest,” but is not erupting and there are no signs of an imminent eruption, the Hawaiian Volcano Observatory said in an update. Last week, Hawaii …

The U.S. Department of Labor said it has obtained a federal court order requiring that three bakeries located in Danbury, Connecticut, and Mount Vernon, New York, and their owner/officer, pay nearly $1 million in back wages and liquidated damages to …

The number of claims filed from Hurricane Ian continues to rise, topping 449,000 as of Monday, and estimated insured losses stand at more than $4.2 billion, the Florida Office of Insurance Regulation reported. Some 322,268 claims – almost three quarters …

Damaged infrastructure created new obstacles for claims adjusters responding to Hurricane Ian, along with widespread flooding, damaged cell phone towers and even an occasional alligator. Sedgwick Executive Vice President Danny Miller said his company is using boats to send claims …

This edition of International People Moves details appointments at Howden, Tokio Marine Kiln (TMK), and Marsh Norway. A summary of these new hires follows here. Howden Appoints Industry Veteran Long to Lead Equine Division Howden, the London-based broker, announced the …

Standard setters must work faster to avoid hardwiring differences between their finalized climate-related company disclosures, which would fragment markets, the G20’s Financial Stability Board (FSB) said on Tuesday. To help meet net-zero carbon emission targets, companies face mandatory rules on …