Denis Kessler, SCOR’s chairman and chief executive officer, has decided to step down, for personal reasons, from his role as CEO at the end of his current term of office, which will expire at the reinsurer’s general meeting on June …
HX, the data, digital and analytics division of Howden Group Holdings, announced it has established HX Asia, which enables it to deploy its data, analytics and technology capabilities directly to clients and carriers in the Asian market. HX Asia will …
Asta, the third-party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Council for the transition of the Medical Protection Society’s (MPS) Special Purpose Arrangement (SPA) 1892 to a full syndicate, effective Jan. 1, 2022. …
Information on an impending settlement in a class-action lawsuit over lead poisoning in New Haven, Connecticut, children is expected to be released Monday. The New Haven Register reports the parties are scheduled to give details on a settlement in the …
A forest fire that has consumed roughly 900 acres in southern New Jersey continued to burn Monday, though no injuries have been reported. The fire was spotted around 4 p.m. Sunday in the Bass River State Forest in Little Egg …
Lockton Hires Haraden as President of Boston Operations Lockton has hired Patrick J. Haraden as president of its Boston, Massachusetts, operations. In his new role, Haraden will lead a team of property/casualty insurance and employee benefits experts who serve commercial …
The Southern California city of Fullerton has agreed to pay $350,000 and take back its accusations of criminal computer hacking to settle a lawsuit against two local bloggers, a newspaper reported. The agreement was approved by the City Council last …
Aon plc announced it has signed a definitive agreement to sell its pensions consulting, pension insurance broking, pensions administration and investment consulting business in Germany to Lane Clark & Peacock LLP (LCP). The agreement is another step Aon and Willis …
Digital transformation is imperative to remaining competitive in the London market, according to the results of a new survey published by the International Underwriting Association (IUA). Companies identified simplifying processes to enable processing without manual intervention as their highest strategic …
Vermont Governor Phil Scott has signed into law a measure that lifts the statute of limitations in civil cases of childhood physical abuse. Scott signed the bill on Wednesday. The new law builds on legislation passed two years ago that …