Seattle, Wash., ticketing company Brown Paper Tickets has agreed to pay $9 million in restitution to an estimated 45,000 customers. The Seattle Times reported the payments will go to ticket buyers owed refunds and event organizers owed box-office revenue largely …
February saw a spate of winter storms in the United States, including the period from Feb. 12-20, which will become the U.S. insurance industry’s costliest winter weather peril on record, according to insurance broker Aon plc in its monthly Global …
Acadia Insurance, a Berkley company, has appointed Simone Grimes as chief financial officer. She succeeds Charlie Hamblen, who will retire later this year. Grimes has senior leadership experience in finance and insurance, previously working at PricewaterhouseCoopers (PwC), then as a …
New Hampshire Insurance Commissioner Chris Nicolopoulos announced that Tyler Brannen, a 15-year veteran of the New Hampshire Insurance Department (NHID), has been promoted to the position of Life and Health director. Most recently, Brannen served as the NHID’s director of …
K2 Insurance Services has acquired a majority stake in privately held premium finance company Columbia Pacific Finance LLC in Missoula, Montana. Following the acquisition of CPF, President Reghan Brandt will continue to lead the day-to-day premium finance operation of the …
AXIS Insurance, the specialty insurance business segment of Bermuda-based AXIS Capital Holdings Ltd., has formed a strategic partnership with cyber security company Elpha Secure. Cyber insurance and software protection will be offered to small businesses globally to help improve their …
Several suspected tornadoes touched down Saturday afternoon in the Texas Panhandle between Lubbock and Amarillo, according to the National Weather Service, but no injuries or fatalities were reported. Two possible tornadoes touched down south of Amarillo, near Palo Duro Canyon …
Blink Parametric, the Cork, Ireland-based insurtech, has announced a major expansion of its flight disruption insurance platform in Central & Latin America, scheduled for launch this month. The partnership between Blink and Terrawind Global Protection, a global travel assistance solutions …
London-based broker Miller has appointed Charlie Simpson to lead its new platform in Bermuda. Simpson, who joins as head of Bermuda, will concentrate on growing the broker’s presence in the key re/insurance hub by launching a high-quality independent offering, initially …
Veronica Catalina Cortes-Ambrosio, 53, of Madera, Calif., was charged on two felony counts of insurance fraud after allegedly lying about physical limitations from an injury at work in an attempt to receive undeserved workers’ compensation benefits. An investigation by the …