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9 06, 2021

Marsh McLennan Black MBA Fellowship Fuses Social Justice, Business Lessons

By | June 9th, 2021|Uncategorized|Comments Off on Marsh McLennan Black MBA Fellowship Fuses Social Justice, Business Lessons

Insurance broker and professional services firm Marsh McLennan has launched a global MBA fellowship program in partnership with the National Black MBA Association and Fisk University. The program, called RISE (racial inclusion and social equity), will provide second-year Black MBA …

8 06, 2021

Hub Acquires Assets of California-Based Enter Medicare Inc.

By | June 8th, 2021|Uncategorized|Comments Off on Hub Acquires Assets of California-Based Enter Medicare Inc.

Hub International Ltd. has acquired the assets of Enter Medicare Inc. in Los Angeles, Calif. Terms of the deal were not disclosed. Dennis Negron, Founder and CEO of EnterMedicare, and the EnterMedicare team will join HUB’s national employee benefits practice. …

8 06, 2021

Bank of England Launches Climate Change Stress Test for Insurers, Banks

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The Bank of England on Tuesday set out its first comprehensive stress test of the ability of the British financial system to cope with climate change, saying the results will not be used to determine capital requirements for now. The …

9 06, 2021

Generali Drops Out of Race to Buy NN’s Asset Manager Arm: Sources

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Italy’s top insurer Assicurazioni Generali has dropped out of the race to buy the asset management arm of Dutch rival NN Group NV, two sources familiar with the matter told Reuters. Generali and Deutsche Bank’s asset management unit DWS were …

8 06, 2021

Arson Suspected in Idaho Theme Park Fire

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Authorities suspect an arsonist set a wooden roller coaster on fire in an overnight blaze at a northern Idaho theme park. The Kootenai Sheriff’s Office responded to the Silverwood Theme Park near the town of Athol at about 1:30 am …

9 06, 2021

Hong Kong Insurance Broker Azure Risk Expands Product Range

By | June 9th, 2021|Uncategorized|Comments Off on Hong Kong Insurance Broker Azure Risk Expands Product Range

Azure Risk Ltd., a digital provider of marine and freight forwarding insurance, has been granted its application to broaden its license by the Hong Kong Insurance Authority. As a result, the broker has expanded its offering to include insurance for …

8 06, 2021

New Falcon Risk MGA Targets Financial, Cyber With Argo Pro Ex-President Landi as CEO

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Falcon Risk Holdings is the name of a new managing general agency formed by Griffin Highline Capital, HDI Global Specialty SE and Craig Landi, former Argo Pro president who will lead the new entity. Summit, New Jersey-based Falcon will be …

9 06, 2021

Florida Insurance Agent Charged with Diverting $4M in Premiums

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A Pensacola, Florida insurance agent has bee charged with selling fraudulent insurance policies to his clients in exchange for approximately $4 million in insurance premium payments. Jason R. Coody, acting U.S. Attorney for the Northern District of Florida, announced the …

8 06, 2021

$3.25M in Medical Malpractice Death of Washington Prisoner

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The Washington state Department of Corrections has agreed to pay $3.25 million to the family of a man who died at Monroe Correctional Complex after not receiving adequate medical care. A lawsuit filed by Julia Kleutsch said her husband, John …

9 06, 2021

EU Cautions Against Rushing into Public-Private Pandemic Insurance Scheme

By | June 9th, 2021|Uncategorized|Comments Off on EU Cautions Against Rushing into Public-Private Pandemic Insurance Scheme

The European Union’s executive body urged caution on Tuesday in the face of calls for a public-private scheme for insuring companies against economic lockdowns in future pandemics. “This is a very complex debate and needs time to mature,” John Berrigan, …