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14 02, 2023

People Moves: AGCS Creates Delegated Authority, Portfolio & Facilities Team; WTW Bolsters Exposure Mgmt, Climate Analytics Unit; IQUW Hires Jiang for Political Risk

By | February 14th, 2023|Uncategorized|Comments Off on People Moves: AGCS Creates Delegated Authority, Portfolio & Facilities Team; WTW Bolsters Exposure Mgmt, Climate Analytics Unit; IQUW Hires Jiang for Political Risk

This edition of International People Moves details appointments at Allianz Global Corporate & Specialty (AGCS), Willis Towers Watson (WTW), and Lloyd’s insurer IQUW. A summary of these new hire follows here. AGCS Creates Delegated Authority, Portfolio & Facilities Team, Led …

14 02, 2023

Ohio Train Derailment Prompts West Virginia Utility to Take Water Safety Steps

By | February 14th, 2023|Uncategorized|Comments Off on Ohio Train Derailment Prompts West Virginia Utility to Take Water Safety Steps

A West Virginia water utility is enhancing its water treatment process as a precaution following the derailment of a train hauling chemicals that later sent up a toxic plume in Ohio. West Virginia American Water said Sunday that it’s also …

14 02, 2023

WV House Approves $105M for Gates-backed Green Energy Battery Plant

By | February 14th, 2023|Uncategorized|Comments Off on WV House Approves $105M for Gates-backed Green Energy Battery Plant

Lawmakers in West Virginia’s House of Delegates on Friday greenlit an investment of $105 million in taxpayer dollars to support a Bill Gates-backed company that is building a renewable energy battery plant in the state’s Northern Panhandle. The bill now …

14 02, 2023

BMS Acquires Spanish Broker Viafina, a Surety Insurance Specialist

By | February 14th, 2023|Uncategorized|Comments Off on BMS Acquires Spanish Broker Viafina, a Surety Insurance Specialist

BMS, the London-based independent specialty re/insurance broker, announced that BMS Iberia has signed a deal to acquire Seguros Viafina (Viafina), the Spanish specialty insurance and reinsurance broker. The acquisition is set to complete in February 2023, with BMS acquiring Viafina …

14 02, 2023

Markets/Coverages: Apollo Launches Drone Insurance Facility in Partnership With Moonrock

By | February 14th, 2023|Uncategorized|Comments Off on Markets/Coverages: Apollo Launches Drone Insurance Facility in Partnership With Moonrock

Apollo, the London-based independent specialist insurer and reinsurer, is providing capacity to Moonrock Drone Insurance, designed to provide coverage for larger commercial drone operations, meeting an increased demand in the market. Moonrock was founded in 2016 by Simon Ritterband, who …

14 02, 2023

Commercial Auto Insurtech Startup OpenEyes Emerges From Stealth

By | February 14th, 2023|Uncategorized|Comments Off on Commercial Auto Insurtech Startup OpenEyes Emerges From Stealth

OpenEyes, an insurtech serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First, with participation by MoreVC, which led the seed round together with Pitango …

14 02, 2023

Jury Awards Former Philadelphia Eagles Player $43.5M in Medical Malpractice Case

By | February 14th, 2023|Uncategorized|Comments Off on Jury Awards Former Philadelphia Eagles Player $43.5M in Medical Malpractice Case

A Philadelphia jury yesterday awarded former Philadelphia Eagles team captain Christopher Maragos $43.5 million in damages in a case of medical malpractice over a knee injury that ended his National Football League career in 2019. The civil case revolved around …

14 02, 2023

Man Mauled by Sheriff’s K-9 in California to Get $1.3M

By | February 14th, 2023|Uncategorized|Comments Off on Man Mauled by Sheriff’s K-9 in California to Get $1.3M

Sonoma County will pay $1.35 million to settle a civil rights lawsuit brought by a man who was mauled by a sheriff’s K-9 three years ago. Sheriff’s deputies used a stun gun on Jason Anglero-Wyrick and then unleashed a police …

14 02, 2023

Georgia Committee Approves Higher Weight Limits for Trucks, Raising Safety Concerns

By | February 14th, 2023|Uncategorized|Comments Off on Georgia Committee Approves Higher Weight Limits for Trucks, Raising Safety Concerns

A bill that would significantly raise the weight limit for trucks on Georgia highways appears to be gaining steam after it was approved by a state House committee. The House Transportation Committee voted 18-11 to raise the maximum gross vehicle …

14 02, 2023

Nurse Practitioner Claims Have Increased Since 2017 but COVID Effect Yet to Play Out

By | February 14th, 2023|Uncategorized|Comments Off on Nurse Practitioner Claims Have Increased Since 2017 but COVID Effect Yet to Play Out

The distribution and severity of nurse practitioner (NP) office practice setting claims have increased sharply since 2017, according to a new report from CNA in collaboration with its business partners at Nurses Service Organization (NSO), “Nurse Practitioner Professional Liability Exposure …