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 …
Italy’s foreign minister said cyber attacks on western European companies have risen following the Russian invasion of Ukraine, as Rome deals with the fallout from hacker actions targeting energy companies earlier this week. The minister, Luigi Di Maio, said on …
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 …
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 …
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 …
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 …
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 …
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, …
First MainStreet Insurance L.C. (FMSI), an affiliate of TrueNorth Companies L.C., announced it has added two Iowa-based partner agencies. Joining the First MainStreet platform in June was Hagge Insurance Agency. As a second-generation insurance agency with roots dating back to …
Greenland’s rapidly melting ice sheet will eventually raise global sea level by at least 10.6 inches (27 centimeters) — more than twice as much as previously forecast, according to a study published Monday. That’s because of something that could be …