INSURANCE NEWS
Airline Pilots Hide Mental Health Struggles to Keep Flying
Annie Vargas could see her son slipping away and pleaded with him to seek help. But her son, Brian Wittke, a 41-year-old Delta Air Lines pilot and father of three, pushed back, terrified that getting treatment for depression would cost …
Japan’s Asahi Aims to Restore Logistics by February Following Cyberattack
Japan’s Asahi Group on Thursday [November 27] said it aims to normalize logistical operations by February after a cyberattack in late September forced widespread suspension, though not all products will be available to ship by that time. The beverage maker, …
EU Vets Assess Barcelona Swine Fever Outbreak as Cases Rise to Nine
A task force of EU vets began work in Barcelona on Tuesday to help contain an African swine fever outbreak as Spain, one of the world’s leading pork exporters, said the number of wild boars found infected with the virus …
People Moves: Demex Promotes Anderson to CEO, Coleman to President; Fumarola Coalition’s Chief Product Officer; Everest Names Habayeb CFO
Demex, a technology-enabled reinsurance solution provider headquartered in New York City, promoted Michael Anderson to CEO following four years as chief growth officer. Demex also promoted Matthew Coleman to president, reinsurance from chief risk officer; and Charlie Eadie from executive …
Tech Industry Drive to Block State AI Laws Hits Wall in Congress
A powerful coalition of tech companies backed by the White House’s artificial intelligence chief appears to have failed to persuade lawmakers to use a must-pass defense bill to block state governments from regulating artificial intelligence, a key congressional Republican signaled …
Asurion Agrees to Buy CVC-Backed UK Warranty Provider D&G
Asurion LLC has agreed to acquire UK warranty business Domestic & General Group Ltd. as the US company looks to expand its business and geography. Nashville, Tennessee-based Asurion is buying D&G from CVC Capital Partners Plc and the Abu Dhabi …
San Francisco Sues Kraft, Coca-Cola Over Ultra-Processed Foods
The city of San Francisco sued Kraft, Mondelez, Coca-Cola and other makers of ultra-processed foods on Tuesday, accusing them of knowingly sickening California residents with addictive and harmful products. City Attorney David Chiu filed the lawsuit in San Francisco Superior …
Illinois Attorney General Announces $120M Settlement with Monsanto
Illinois Attorney General Kwame Raoul announced a $120 million settlement with Monsanto Company (Monsanto) and affiliates Solutia Inc. and Pharmacia LLC over the environmental and health effects of Monsanto’s decades-long production of polychlorinated biphenyls, known as PCBs. Raoul’s office filed …
RSUM Rebrands NAPL as Ryan Financial Lines
Ryan Specialty Underwriting Managers (“RSUM”), the underwriting management division of Ryan Specialty (NYSE: RYAN), announced the formal rebranding of their North American Professional Liability (“NAPL”) team to Ryan Financial Lines, RSUM’s managing general underwriter that specializes in a wide range …
Louisiana Department of Insurance Holds Pop-Up Office in Lake Charles
The Louisiana Department of Insurance (LDI) is holding an Insurance Pop-Up Office from 8:30 a.m. – 4 p.m. on Tuesday, Dec. 2, and Wednesday, Dec. 3., for residents of Lake Charles and the surrounding area. The event is at the …
Two Killed, 10 Displaced in Savannah Apartment Complex Fire
Two people died and 10 more were forced out of their dwellings by a fire that cut through an apartment complex near Savannah, Georgia. Local news outlets reported that the blaze broke out early Sunday morning at The Commons, a …
People Moves: Brown & Riding Names McKeon to Underwriting & Selection Accounts Division
Brown & Riding announced Carmen McKeon has joined its Underwriting & Select Accounts Division. With nearly two decades of experience in the excess and surplus lines market, McKeon has built a reputation for guiding high-performing teams and delivering strong underwriting …