News Archives - Insurance Journal

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13 05, 2022

People Moves: WTW Reshapes M&A Practice; Starr Names Relationship Leader; Cover Genius Adds 2

By | May 13th, 2022|Uncategorized|Comments Off on People Moves: WTW Reshapes M&A Practice; Starr Names Relationship Leader; Cover Genius Adds 2

WTW Vows to Grow M&A Practice, Appoints Broking Regional Leader Insurance broker WTW (Willis Towers Watson) announced that Mark Rusas will focus exclusively on leading the Mergers & Acquisitions (M&A) practice within Corporate Risk & Broking (CRB) for North America. …

13 05, 2022

Tentative $32M Settlement in Abuse Death of California Boy

By | May 13th, 2022|Uncategorized|Comments Off on Tentative $32M Settlement in Abuse Death of California Boy

A tentative $32 million settlement has been reached with Los Angeles County in a lawsuit over its child welfare agency’s supervision of a boy who allegedly was abused to death by his mother and her boyfriend, attorneys announced. The settlement …

13 05, 2022

Producers Defend Safety in New Mexico Film Shooting

By | May 13th, 2022|Uncategorized|Comments Off on Producers Defend Safety in New Mexico Film Shooting

A film production company is contesting sanctions by New Mexico officials for alleged workplace safety violations on the set of “Rust,” where actor and producer Alec Baldwin fatally shot a cinematographer in October, according to filings posted Wednesday by state …

13 05, 2022

Georgia Ethics Agency Settles Case Against Former Insurance Commissioner

By | May 13th, 2022|Uncategorized|Comments Off on Georgia Ethics Agency Settles Case Against Former Insurance Commissioner

A long-running investigation into a former Georgia insurance commissioner has finally come to an end. The Atlanta Journal-Constitution reported that former Commissioner John Oxendine agreed to turn over about $128,000 in campaign contributions from his 2009 bid for governor, and …

13 05, 2022

Alabama DOI to Hold Hearing on VR Acquisition of National Security Group

By | May 13th, 2022|Uncategorized|Comments Off on Alabama DOI to Hold Hearing on VR Acquisition of National Security Group

The Alabama Department of Insurance will hold a hearing in June on VR Insurance Holdings’ proposed purchase of the National Security Group. VR Insurance Holdings is a recently formed Delaware-based company formed by a group of investors, including Vivek Ranadive, …

13 05, 2022

People Moves: AGCS Promotes Todorovic for Political Violence Unit; Aon Hires Knight From Navigators & General for Global Yacht Practice

By | May 13th, 2022|Uncategorized|Comments Off on People Moves: AGCS Promotes Todorovic for Political Violence Unit; Aon Hires Knight From Navigators & General for Global Yacht Practice

AGCS Promotes Todorovic for Political Violence Unit Allianz Global Corporate & Specialty (AGCS) has promoted Srdjan Todorovic as head of Global Political Violence & Hostile Environment Solutions, based in London. This unit is part of AGCS’s Property line of business …

13 05, 2022

Keystone Names Nalley Tennessee VP

By | May 13th, 2022|Uncategorized|Comments Off on Keystone Names Nalley Tennessee VP

Keystone Insurers Group, which calls itself the fourth largest participant-owned insurance agency network in the country, has named Carolyn Nalley as new Tennessee state vice president. Nalley was previously at The Hartford as a senior small-commercial sales representative, Keystone said …

12 05, 2022

California Fire Destroys Mansions; New Mexico Wildfire Grows

By | May 12th, 2022|Uncategorized|Comments Off on California Fire Destroys Mansions; New Mexico Wildfire Grows

The largest wildfire in the U.S. was spreading toward mountain resort towns in northern New Mexico, prompting officials to issue another set of warnings for more people to evacuate. Meanwhile, a wildfire that erupted Wednesday afternoon in coastal Southern California …

13 05, 2022

India’s LIC Prices IPO at Top of Indicated Range: Source

By | May 13th, 2022|Uncategorized|Comments Off on India’s LIC Prices IPO at Top of Indicated Range: Source

India’s Life Insurance Corp. (LIC) has priced its initial public offering at the top of the indicated range, at 949 rupees ($12.28), a source familiar with the matter said on Friday. The state-owned insurance behemoth is likely to be listed …

13 05, 2022

People Moves: IA&B Hires Lobbyist; Concord Specialty Promotes 3; IMUA Elects Officers

By | May 13th, 2022|Uncategorized|Comments Off on People Moves: IA&B Hires Lobbyist; Concord Specialty Promotes 3; IMUA Elects Officers

IA&B Welcomes John Savant as Government Affairs Director The independent insurance agents’ trade association for Pennsylvania, Maryland and Delaware has a new lobbyist. The Insurance Agents & Brokers (IA&B) has hired John Savant as government affairs director. In his role, …