Thurston County Superior Court Judge Indu Thomas found that while Washington Insurance Commissioner Mike Kreidler’s rule temporarily banning credit scoring followed the Administrative Procedures Act, but he exceeded his statutory authority. In her ruling, Thomas said the record supplied by …
BMS Group, the independent specialist re/insurance broker, announce the acquisition of Calomex, the Mexico City-based specialist reinsurance broker, by BMS Re. The terms of the transaction were not disclosed. Established in 1996, Calomex delivers reinsurance solutions to Mexican surety providers, …
Houston, Texas-based RSL Insurance added Ryan Colville as an insurance advisor on the commercial business team. Colville will serve the insurance needs of business owners in the West Texas region. He previously worked in the agriculture business as an agronomy …
Funding for the insurtech sector held steady in the second-quarter of 2022, coming in at roughly $2.4 billion, the same as the overall funding figure recorded for first-quarter 2022, according to data released by CB Insights last week. The consistent …
PCF Insurance Services acquired Zinc Insurance in Solon, Ohio. Zinc specializes in insurance and risk management services for the trucking, construction, contracting, and motorsports industries. Lehi, Utah-based PCF Insurance Services is a consultant and insurance brokerage firm offering an array …
This edition of International People Moves details appointments at AXA XL and Aon. A summary of these new hires follows here. AXA XL Names Ensurance’s Burgess as Sr. Underwriter, Construction, UK & Lloyd’s AXA XL Insurance announced it has appointed …
A medical helicopter responding to the scene of a fatal accident in southwestern Ohio crashed this week when it hit power lines, but no one aboard the aircraft was seriously injured, authorities said. Three crew members were in the CareFlight …
A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders to be women, though progress on diversity was “incremental,” Lloyd’s said in a report on Monday. Lloyd’s has been trying …
Insureds cannot recover damages from the insurance company if they failed to comply with the policy and allow the insurer to make the needed repairs, a Florida appeals court decided Wednesday. Florida’s 3rd District Court of Appeal upheld without comment …
Connecticut has updated its criminal justice laws to speed up law enforcement’s responses when young people are charged with repeated motor vehicle theft and other crimes. Gov. Ned Lamont has signed the bipartisan law (Public Act 22-115) that supporters hope …