Beach & Associates has named Warren Berkstresser senior vice president of its Beach Re U.S. reinsurance division, and he will launch and run Beach’s new office in Seattle, Wash., and sit on the North America office head’s executive team. Berkstresser …
JBS SA, the world’s largest meatpacker, has vowed to keep the world fed during the coronavirus pandemic. Executives say the company has added more than 15,000 new workers in Brazil this year to crank out cuts of chicken, pork and …
A consortium led by insurer Arch Capital Group Ltd. has made an approximately $500 million offer to acquire reinsurance firm Watford Holdings Ltd , people familiar with the matter said on Tuesday. The bid comes more than a year after …
A federal judge on Tuesday struck down a Trump administration rule that narrowed the definition of “joint employer,” and which the attorneys general of 17 states and Washington, D.C. said would eliminate important labor protections for workers. U.S. District Judge …
Angola’s attorney general has seized buildings and hotels belonging to AAA, a company associated with Carlos Manuel de São Vicente whose $900 million fortune has been frozen by Swiss authorities, state broadcaster TPA reported on Tuesday. De São Vicente was …
Three Republican U.S. senators on Tuesday introduced the latest legislation targeting a federal law that largely exempts tech platforms such as Facebook and Twitter from legal liability for the material their users post. The bill from Senator Roger Wicker, who …
Global regulators should not ban insurers from paying dividends as a result of COVID-19 and should give firms more time to report their capital positions, European insurers said on Monday. The pandemic will likely lead to between $50 and $100 …
Even before the coronavirus crisis hit, the re/insurance industry was in a period of significant rate hardening, which will likely continue over the next two years, or even longer, according to Munich Re. Such price increases became necessary after 10-plus …
South Carolina residents looking to renew their driver’s license will face changes in the requirements beginning in October. In a news release last week, the Department of Motor Vehicles said drivers will be required to take an eye exam before …
Police are looking for aggressive drivers in Kentucky over the next few weeks. Kentucky State Police Commercial Vehicle Enforcement Division launched the Ticketing Aggressive Cars and Trucks Campaign on Sept. 2. Officers will target drivers of passenger and commercial vehicles …