Andy Massingham will be joining reinsurance broker Lockton Re as a senior broker as part of the Marine & Energy Division. He will be based in the London office. Massingham will join from Guy Carpenter which he joined in 2019 …
Radiation levels downwind of U.S. hydraulic fracturing drilling sites tend to be significantly higher than background levels, posing a potential health risk to nearby residents, according to a study by Harvard researchers released on Tuesday. The study, published in the …
The TRUMPF Group and Munich Re Group are entering into a strategic partnership for a “pay-per-part” business model, which enables customers to use a full-service laser machine without having to buy or lease any equipment. Instead, customers pay a previously …
The summer drought that lingered throughout Colorado has become worse. The entire state is currently experiencing abnormally dry conditions and nearly 17% of the land area is in exceptional drought, the most extreme category, the U.S. Drought Monitor said. The …
Mechanical problems at a Tacoma, Wash. industrial plant are the likely cause for a fire that triggered explosions and spewed toxic chemicals into the air early over the weekend. It took several hours for Tacoma firefighters to put the fire …
Insurance broker Marsh announced the appointment of Katherine Keefe as U.S. Cyber Incident Management leader. In this newly created role, Keefe will be responsible for leading Marsh’s efforts to assist clients responding to and managing cyber events, including data breaches …
Intact Financial Corp. is bringing together its Canadian and U.S. specialty insurance operations under a single brand: Intact Insurance Specialty Solutions. The U.S. businesses had previously operated under the OneBeacon Insurance Group and The Guarantee Company of North America brands …
Global reinsurance broker Guy Carpenter & Co. has started a new dedicated unit to provide services to insurance carriers and managing general agencies (MGAs) operating in the program business market. The new unit, GC Access, offers a range of services …
A 9.6 percent decrease in Oklahoma workers’ compensation insurance loss costs for 2021 has been approved by the state’s insurance commissioner. According to Commissioner Glen Mulready and the Oklahoma Insurance Department, this will mark the 10th year in a row …
The National Transportation Safety Board said in a new report that the use of incomplete safety procedures was the probable cause of the Nov. 4, 2019, explosion of barge IB1940 in the Illinois Marine Towing Heritage Slip on the Chicago …