This edition of International People Moves details appointments at Allianz Global Corporate & Specialty, Aon’s Reinsurance Solutions team and Arrow Risk Management. A summary of these new hires follows here. AGCS Promotes Williams to CUO Corporate, Succeeding Buckle Allianz Global …
Zurich North America Names Mark Way as Head of Sustainability Underwriting Zurich North America has named Mark Way as their new Head of Sustainability Underwriting. Way reports to Chief Underwriting Officer Brandon Fick and will serve as a member of …
A 61-year-old worker died after becoming trapped in machinery at a suburban Chicago steel polishing factory, authorities said Friday. Raymondo Escobar’s cause of death was due to “asphyxia due to machinery mishap,” Kane County Coroner Rob Russell said. Geneva Fire …
Global specialty insurer SiriusPoint said it is investing in LuckyTruck Corp., a digital broker and aggregator specializing in commercial trucking insurance. The two did not disclose the investment amount. LuckyTruck vows to make the purchase of insurance for trucking fleets …
A Texas jury has awarded a largely symbolic settlement of more than $301 billion in a lawsuit against a Corpus Christi bar brought by the family of a woman and her 16-year-old granddaughter who were killed in a car crash …
Oklahoma Insurance Commissioner Glen Mulready is encouraging residents to take precautions against porch piracy as the winter holiday season nears. According to C + R Research, 230 million Americans will be shopping online this year, and 43% cite themselves as …
An unnamed Louisiana private insurer will assume to acquire all policies from two insolvent homeowners insurance companies that were placed into receivership in November by the Louisiana Department of Insurance. Louisiana Insurance Commissioner Jim Donelon approved the transaction Wednesday, Dec. …
World Insurance Associates LLC (WIA) acquired E&K Insurance Group of Eatontown, New Jersey, on December 1, 2021. Terms of the transaction were not disclosed. E&K was founded in 1930 by two entrepreneurs who established E & K Insurance Group in …
A.M. Best has affirmed the financial strength rating (FSR) of A+ (superior) and the long-term issuer credit ratings (long-term ICR) of “aa-” for the members of The Concord Group Insurance Companies. The rating actions reflect Concord Group’s balance sheet strength, …
A jury has found that school officials in Boston, Massachusetts, retaliated against a teacher for exercising his legal right to raise concerns about workplace discrimination without fear of retribution, awarding him $1.7 million. The Boston Globe reports that Charles Sherman …