Canopius CUO Duffy to Retire Next Year Canopius Group, the London-based global specialty re/insurer, announced that, after nearly 17 years of service, Group Chief Underwriting Officer Mike Duffy will retire in 12 months’ time. Duffy joined Canopius in January 2006 …
BMS, the London-based independent insurance and reinsurance broker, announced it has commenced operations in New Zealand, with the launch of BMS Risk Solutions Ltd. (BMSRS). BMSRS is an independent, New Zealand owned and operated extension of BMS Group and has …
Howden Insurance Brokers (Singapore) Pte Ltd., the international insurance broker and subsidiary of Howden, announced it has acquired the business and assets of AEGIS Insurance Agencies Pte., a Singapore-based specialist insurance agency. Financial details of the transaction were not disclosed. …
After decades of struggle, the U.S. clean-energy business is booming, with soaring electric-car sales and fast growth in wind and solar power. That’s raising hopes for the fight against climate change. All this progress, however, could be derailed without a …
Wednesday morning Airbnb Inc. revealed what it’s calling its “biggest change in a decade.” Beyond modifications to its user interface and nifty new bells and whistles, it’s also addressing one of the company’s greatest pain points: poor consumer protections for …
Facial recognition is making a comeback in the United States as bans to thwart the technology and curb racial bias in policing come under threat amid a surge in crime and increased lobbying from developers. Virginia in July will eliminate …
Families of the 98 victims of the 2021 condominium collapse near Miami Beach, along with injured survivors, could split hundreds of millions of dollars in payouts under a preliminary settlement agreement announced Wednesday. The settlement will top $997 million, the …
Assisted driving systems installed in Tesla Inc., Hyundai Motor Co. and Subaru Corp. vehicles failed to avoid head-on collisions in testing done by AAA, though Tesla’s Autopilot system did slow the vehicle to a walking speed before striking an oncoming, …
First MainStreet Insurance L.C. (FMSI), an affiliate of TrueNorth Companies L.C., added three new agency partners. L.B. Anderson Agency joined FMSI at the end of January. Located in Newhall, IA, L.B. Anderson Agency has been servicing their community’s insurance needs …
Marsh Launches Renewable Energy Facility Insurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage system (BESS) risks in the U.S. and Canada. According to the …