RSA has named appointments for chair and CFO of its UK and International business entities, following the completion of Intact Financial Corp.’s proposed takeover. Mark Hodges, former CEO of Aviva’s UK business and former CEO of British Gas, will take …
The University of Southern California on Thursday announced a settlement for $852 million, bringing the total to $1.1 billion going to the former patients of a campus gynecologist accused sexually abusing hundreds of patients. The $1.1 billion sum is a …
Despite continued robust agency mergers and acquisitions activity, the number of independent insurance agencies has remained stable at 36,000, a number slightly below the last tally of 36,500 in 2018. That’s according to the 2020 Agency Universe Study from Future …
Marsh and Hamilton announced several professional appointments this week. Hamilton Insurance Group, Ltd. has appointed Jamie Secor as head of Professional Liability Insurance at its U.S. managing general agency, Hamilton Managing General Agency Americas. In this newly-created role, Secor has …
BERLIN – The container ship blocking the Suez Canal could cost global trade $6 billion to $10 billion a week, a study by German insurer Allianz showed on Friday. The study by Europe’s biggest insurer also found that each week …
Aon announced it is closing operations and taking a global holiday on April 1st and April 2nd. These two days are intended to provide “colleagues extra time away to express appreciation for them during this unprecedented time,” said Aon in …
The Insurance Council of Australia (ICA) has declared a Catastrophe for large parts of New South Wales, a state in southeast Australia, following the devastating storms and flooding of the last few days. The ICA’s catastrophe declaration serves to escalate …
A company has been fined over $74,000 for improperly sending asbestos-tainted debris to a landfill in Southern Oregon. The Oregon Department of Environmental Quality described the violations as “major magnitude violations,” but said the problems have since been “properly abated …
Two people have been arrested after police responded to what they called a suspicious fire at a hotel in Berlin that critically injured a woman. A fire ignited in the 56-year-old woman’s room at the Hilltop Inn, Berlin police said. …
A woman has accused her former teacher of sexual abuse in a lawsuit filed against the Marysville School District. The lawsuit accuses longtime art teacher Kurt Hollstein of sexually abusing her around 1985, when the woman was about 14, The …