Safety National Casualty Corp. said as of June 14 it made changes to its executive management structure and moved Duane Hercules from president to CEO. Mark Wilhelm, formerly chairman and CEO, became executive chairman. Here, Wilhelm will be responsible for …
Alacrity Solutions Group LLC acquired Property Damage Appraisers in Fort Worth, Texas. PDA is an independent specialty and auto damage appraisal firm.. PDA’s corporate The transaction with PDA is Alacrity’s 11th acquisition since 2015. Alacrity Solutions, based in Fishers, Indiana, …
Over 2,600 hazardous gas pipeline leaks in the United States caused more than $4 billion in damages and emergency services, killed 122 people, and released 26.6 billion cubic feet of fuel as methane or carbon dioxide, according to a report …
Nexus Underwriting Establishes Financial Lines Division, Nexus Frontier Independent specialty managing general agent Nexus Underwriting reports it has formed a new division, Nexus Frontier. Frontier is a financial lines MGA structure for Nexus where fronted insurance arrangements will be housed. …
InShare and Skyward Target Gig Driver Firms With Accident Insurance Managing general agent (MGA) InShare and Skyward Specialty Insurance Group Inc. announced the launch of an occupational accident insurance offering for independent workers across a number of segments, including trucking, …
The Financial Conduct Authority (FCA) has levied a fine of £7,881,700 against insurance broker JLT Specialty Ltd. for financial crime control failings, which in one instance CFA said allowed bribery of more than $3million to take place. JLT Specialty, which …
This edition of International People Moves details appointments at re/insurance broker Consilium and the insurer Chubb. A summary of these new hires follows here. Ed Broking’s Baird Takes Leadership Role at Aventum Consilium, the international re/insurance broker, part of The …
The U.S. Supreme Court struck down a New York law that required people to show a special need to carry a handgun in public, ruling for the first time that the Second Amendment protects gun rights outside the home. The …
Hundreds of cars, trucks and recreational vehicles were backed up in long lines at entrances to Yellowstone National Park as it partially reopened Wednesday morning following record floods that reshaped the park’s rivers and canyons, wiped out numerous roads and …
A hotel was among several businesses damaged as a fire swept through part of the downtown of a northern Oakland County, Michigan, village. Dozens of firefighters from area departments battled the blaze which started about 4 p.m. Tuesday in Holly, …