Fidelis Insurance Group, a Bermuda-based global specialty re/insurer, announced a new strategic partnership with Euclid Mortgage Insurance Services LLC, a managing general agency that specializes in underwriting credit risk on portfolios of residential mortgages. Fidelis Insurance Group will provide reinsurance …
Chinese state-sponsored hackers perpetrated a “broad and significant cyber-espionage campaign” in which they breached multiple telecommunications companies, US officials said in a statement on Wednesday, confirming additional details about cyberattacks with major national security implications. The hackers infiltrated the networks …
Doe & Emuss (D&E), the London-based boutique professional liability underwriting manager, has been launched with approved coverholder status at Lloyd’s. D&E is founded and led by industry veterans, Chief Executive David Doe and Managing Director Paul Emuss, who have more …
New York Governor Kathy Hochul announced a statewide burn ban is in effect until November 30 due to an increased fire risk as the state continues to experience drought conditions and a record number of outdoor fires. Also, Suffolk County …
A federal judge on Wednesday sentenced a North Carolina insurance agent to five years in prison for his role in a decade-long scheme that created fraudulent tax shelters and cheated the U.S. government of more than $22 million in tax …
Commercial insurance market Lloyd’s of London is restructuring its data, operations and change departments, which will involve outsourcing some of those units’ work, a Lloyd’s spokesperson said on Thursday. It was too soon to say what the impact would be …
The board of NCCI Holdings, Inc. elected Tracy Ryan as its new president and CEO, effective January 6, 2025. Bill Donnell, the company’s current president and CEO, is retiring in February 2025. Boca Raton, Florida-based NCCI said Ryan has more …
The operator of an Indiana home care company may have to pay more than $172,000, including $86,000 in overtime wages, for violating federal wage laws, the Department of Labor announced. Hahn March, owner of Aging and Disabled Home Healthcare in …
First Mid Insurance Group (FMIG) announced the addition of Amanda ‘Mandi’ Grimes as an Account Manager leading their FMIG Select team. In her new role, Grimes will be responsible for leading a team of account management and administrative professionals who …
Rapper Nelly won’t face drug charges following his arrest this summer at a St. Louis-area casino, a prosecutor said. Nelly was arrested at 4:45 a.m. Aug. 7 as he sought to collect several jackpots he won at Hollywood Casino & …