Hamilton Insurance Group Ltd. announced its insurance-linked securities (ILS) platform has a new name and a new lead executive. Formerly called Hamilton Capital Partners, the platform is now Hamilton ILS. Hanni Ali moves from his role as senior vice president, …
Policyholders at Indonesia’s state-owned PT Asuransi Jiwasraya are looking to the government to rescue the scandal-hit insurer, which has uncovered a $2 billion hole in its books. The crisis affects 17,000 buyers of investment products and 7 million clients, and …
California’s new “gig worker” law does not apply to independent truck drivers because they are subject to federal statute, a Los Angeles judge ruled, handing a victory to one industry that is challenging a state effort to clamp down on …
Three employees were sickened by a cleaning chemical at an Amazon warehouse in New Hampshire, fire officials said Thursday. Firefighters in Nashua responded at about 4 a.m. for a report of a chemical reaction that happened while a crew was …
Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired Sylvia Group, effective December 31, 2019. Located in Dartmouth, Mass., Sylvia Group has been serving clients throughout New England since its founding in …
Nearly 300 of New York City’s new subway cars were removed over concerns that the doors could open while the trains were in motion, The New York Times reported Wednesday. The 298 cars on the A, C, J and Z …
The company that helped make driver safety monitoring ubiquitous among auto insurers is now offering a product that can write accident reports within minutes of a crash. Cambridge Mobile Telematics (CMT) announced the launch of Claims Studio, an accident reporting …
Acquisition further strengthens Insurity’s industry-leading data and analytics solutions, and will help insurers better select and manage risk, and respond to catastrophes Cloud services and data analytics firm Insurity, Inc., has acquired SpatialKey, Inc., which offers geospatial analytics, data enrichment …
Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires in Victoria, which had a price tag of an estimated A$4.4 billion (US$3 billion), according to Moody’s Analytics, in a …
Woodland Hills, Calif.-based the Liberty Company Insurance Brokers has named Kimaili Davis claims manager. Davis started his career with the National American Insurance Co. and has over 25 years of claims experience, specializing in workers’ compensation. Previous employers include HUB …