PCF Insurance Services (PCF) has acquired Oak Point Risk Advisors, a niche risk management and insurance agency focusing on commercial insurance for the maritime, oil and gas, and construction industries. Ronny Sternfels, president of Oak Point Risk Advisors, said, “At …
Marsh McLennan said it has named Pat Tomlinson CEO of U.S. and Canada. He, along with Flavio Piccolomini, who was appointed International CEO, will report to Mercer President and CEO Martine Ferland and Marsh President and CEO Martin South as …
ION Trading UK, the software firm hit by a cyberattack, has indicated it could take two to three days to resolve the situation, people familiar with the matter said. The London-based firm gave that time frame to some of the …
One year after Slide Insurance made waves by taking over thousands of policies from a troubled Florida carrier, the young company has done it again. The Florida Office of Insurance Regulation on Tuesday signed a consent order granting Tampa-based Slide …
More than 13,500 Nigerians joined their communities in a lawsuit against Shell Plc before a landmark UK trial that could have far-reaching implications for parent-company responsibility over the actions of foreign subsidiaries. The residents of the crude-rich Niger Delta are …
More than a quarter-million businesses and households in Central and East Texas did not have power Wednesday morning as a winter storm persisted, immobilizing portions of the state with slick roadways and freezing temperatures. Approximately 258,411 customers, out of about …
As it had warned last month, Allstate Corp. reported a fourth quarter 2022 loss of $310 million as losses from auto insurance outpaced an increase in revenue. Results were in comparison to net income of $790 million for Q4 2021. …
Actor Alec Baldwin and a weapons specialist have been formally charged with involuntary manslaughter in the fatal shooting of a cinematographer on a New Mexico movie set, according to court documents filed by prosecutors Tuesday. Santa Fe District Attorney Mary …
Swiss Re announced plans to streamline its organizational structure by splitting its current Reinsurance Business Unit into P&C Re and L&H Re, while creating a new business unit called Global Clients and Solutions. Swiss Re Corporate Solutions will continue as …
Gov. Josh Shapiro has signed an executive order aimed at reducing long wait times for professional applicants seeking to enter their fields in Pennsylvania. Under the order signed Tuesday, state agencies will be held to firm timelines to review license …