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6 03, 2025

Hub Acquires Wine Industry Specialist MIV in California

By | March 6th, 2025|Uncategorized|Comments Off on Hub Acquires Wine Industry Specialist MIV in California

Hub International has acquired the assets of Malloy Imrie & Vasconi Insurance Services LLC in California’s Napa Valley. Partners Timothy Malloy, David Capponi, Ted Bystrowski, Kevin Dickenson, as well as the MIV Insurance team will, will join Hub Central & …

6 03, 2025

Judge Allows Lobster Fishermen to Sue Environmental Group for Defamation

By | March 6th, 2025|Uncategorized|Comments Off on Judge Allows Lobster Fishermen to Sue Environmental Group for Defamation

A group of lobster fishermen can sue one of the world’s largest seafood watchdog groups for defamation, a federal court has ruled, over a report that described Maine lobster as an unwise choice for consumers. The threat to a rare …

6 03, 2025

People Moves: Arbella Insurance Group Appoints Brady as Next CEO as Donohue Retires

By | March 6th, 2025|Uncategorized|Comments Off on People Moves: Arbella Insurance Group Appoints Brady as Next CEO as Donohue Retires

Arbella Insurance Group, headquartered in Quincy, Massachusetts, named Executive Vice President and Head of Claim Paul Brady as CEO, effective June 1. Brady has been with Arbella for nearly 15 years, holding numerous leadership positions, including chief information officer and …

6 03, 2025

Investigations to Legislation: Florida Lawmakers Weighing Insurance Industry Changes

By | March 6th, 2025|Uncategorized|Comments Off on Investigations to Legislation: Florida Lawmakers Weighing Insurance Industry Changes

Florida legislative leaders, facing increasing pressure from the public and the press, this week pledged to investigate property insurers’ financial structures. And bills filed before the 2025 Legislature began this week also would require executive pay disclosure by carriers, along …

6 03, 2025

AmFam Reports Underwriting Profit for 2024 to Reverse Losses Last Two Years

By | March 6th, 2025|Uncategorized|Comments Off on AmFam Reports Underwriting Profit for 2024 to Reverse Losses Last Two Years

After two years of combined ratios over 110, American Family Insurance reported an underwriting profit in 2024—with a 96.6 for the year for all property/casualty lines it writes. The improvement from a 110.8 in 2023 and 111.4 in 2022 came …

6 03, 2025

Rebranding, Renaming, Reorganizing: The Hartford, CRC Group, Bridge Specialty

By | March 6th, 2025|Uncategorized|Comments Off on Rebranding, Renaming, Reorganizing: The Hartford, CRC Group, Bridge Specialty

The Hartford Stag Gets a New Look The iconic stag logo of The Hartford is getting a new look—one that the company describes as bold and contemporary—honoring “the company’s rich history while demonstrating its modern, visionary spirit.” According to The …

6 03, 2025

Proxy Adviser Glass Lewis Sticks With Diversity Guidance, Will Flag Risks

By | March 6th, 2025|Uncategorized|Comments Off on Proxy Adviser Glass Lewis Sticks With Diversity Guidance, Will Flag Risks

Proxy adviser Glass Lewis will continue to consider boardroom diversity when advising how to vote at U.S. company annual meetings, but plans to be clearer about the counter argument for critical vote recommendations to help clients avoid rising political risks. …

6 03, 2025

Tokio Marine HCC President Schell to Retire After 50 Years in Insurance

By | March 6th, 2025|Uncategorized|Comments Off on Tokio Marine HCC President Schell to Retire After 50 Years in Insurance

Tokio Marine HCC announced a leadership change with the retirement of Mike Schell, president, at the end of this month. Barry Cook, CEO of Tokio Marine HCC International, will additionally assume a newly created position of deputy CEO, effective April …

6 03, 2025

Australia’s Prudential Watchdog Targets Longest-Serving Board Directors

By | March 6th, 2025|Uncategorized|Comments Off on Australia’s Prudential Watchdog Targets Longest-Serving Board Directors

Australia’s prudential regulator has long-serving board directors in its sights with a proposal to limit their terms to 10 years. The Australian Prudential Regulation Authority’s suggestion was one of several in a discussion paper released Thursday aimed at bolstering governance …

6 03, 2025

EU Court Fines Five Countries for Lacking Whistleblower Protection

By | March 6th, 2025|Uncategorized|Comments Off on EU Court Fines Five Countries for Lacking Whistleblower Protection

The EU Court of Justice on Thursday fined five countries for failing to adopt rules to boost protection for whistleblowers who expose fraud, tax evasion, data breaches and other misdeeds. The court handed a fine of 34 million euros ($36.7 …