Sompo International, the Bermuda-based provider of commercial and consumer property and casualty re/insurance, announced the sale of its Endurance at Lloyd’s (EAL) run-off business to RiverStone Holdings Ltd., the legacy specialist. The deal completes the company’s previously communicated objective to …

This edition of International People Moves details appointments at Sompo International, HDI Global Specialty, and DUAL Asia Pacific. A summary of these new hires follows here. Sompo International Taps Zurich’s Brand as President, Continental Europe Sompo International, the Bermuda-based re/insurer, …

New York Governor Kathy Hochul announced a $6.5 million program to support Insurance Innovation for climate-technologies, a new program focused on the research and development of new insurance policies and products that will “promote the adoption of clean technologies” across …

The owner of nine Burger King franchises in South Carolina has agreed to improve working conditions for minors employed at the restaurants, resolving an action brought by the U.S. Department of Labor. The department announced Thursday that Applegreen USA Central …

A former Wells Fargo executive is due $22 million after an investigation by the Occupational Safety and Health Administration (OSHA) concluded the bank violated whistleblower protections under the Sarbanes-Oxley Act. The amount owed includes back wages, interest, lost bonuses and …

Brazilian reinsurer IRB Brasil Resseguros SA confirmed late on Thursday it had raised 1.2 billion reais ($228.9 million) in a share offering, after successive monthly losses led analysts to raise alerts on its capital sufficiency. The company priced its offering …

Starting in October, state employees in South Carolina are entitled to six weeks of parental leave after giving birth or adopting children. Surrounded by Republican and Democratic lawmakers who worked together to pass the bill, Republican Gov. Henry McMaster held …

Marsh McLennan Agency, a subsidiary of Marsh, has acquired Steinberg & Associates, an independent agency based in Spartanburg, South Carolina. Steinberg, founded in 1969, offers employee health and benefits, estate planning and other services to businesses and residents in the …

Group of Seven finance ministers are expected to firm up plans on Friday to impose a price cap on Russian oil aimed at slashing revenues for Moscow’s war in Ukraine but keeping crude flowing to avoid price spikes, G7 officials …

Amid the bright lights and electronic billboards across New York’s Times Square, city authorities are posting new signs proclaiming the bustling crossroads a “Gun Free Zone.” The sprawling Manhattan tourist attraction is one of scores of “sensitive” places — including …

The family of a Marine killed in Afghanistan has revived a defamation lawsuit against Alec Baldwin over comments the actor made online. The sisters and widow of Lance Cpl. Rylee McCollum allege Baldwin subjected them to online threats and harassment …

There is only so much farmland in the United States, so when Russia’s invasion of Ukraine last spring prompted worries that people would go hungry as wheat remained stuck in blockaded ports, there was little U.S. farmers could do to …