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29 07, 2022

New Sustainability Rules Attacked for Protecting Profits Over Planet

By | July 29th, 2022|Uncategorized|Comments Off on New Sustainability Rules Attacked for Protecting Profits Over Planet

The organization aiming to set worldwide climate reporting requirements for decades to come is under fire for putting corporate interests ahead of the planet’s. In coming months, the International Sustainability Standards Board will publish rules for companies to disclose the …

26 07, 2022

Uber Admits Covering Up 2016 Hacking, Avoids Prosecution in U.S. Settlement

By | July 26th, 2022|Uncategorized|Comments Off on Uber Admits Covering Up 2016 Hacking, Avoids Prosecution in U.S. Settlement

Uber Technologies Inc. on Friday accepted responsibility for covering up a 2016 data breach that affected 57 million passengers and drivers, as part of a settlement with U.S. prosecutors to avoid criminal charges. In entering a non-prosecution agreement, Uber admitted …

29 07, 2022

Judge Finds Washington Commissioner Exceeded Authority on Credit Score Ban

By | July 29th, 2022|Uncategorized|Comments Off on Judge Finds Washington Commissioner Exceeded Authority on Credit Score Ban

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 …

25 07, 2022

BMS Re Acquires Mexican Surety Reinsurance Broker Calomex

By | July 25th, 2022|Uncategorized|Comments Off on BMS Re Acquires Mexican Surety Reinsurance Broker Calomex

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, …

28 07, 2022

People Moves: RSL Insurance in Texas Adds Colville; FIRST Names Riolo Relationship Manager

By | July 28th, 2022|Uncategorized|Comments Off on People Moves: RSL Insurance in Texas Adds Colville; FIRST Names Riolo Relationship Manager

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 …

26 07, 2022

Insurtech Funding Levels Hold Steady in Q2 vs. Q1: CB Insights

By | July 26th, 2022|Uncategorized|Comments Off on Insurtech Funding Levels Hold Steady in Q2 vs. Q1: CB Insights

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 …

28 07, 2022

PCF Insurance Acquires Zinc Insurance in Ohio

By | July 28th, 2022|Uncategorized|Comments Off on PCF Insurance Acquires Zinc Insurance in Ohio

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 …

25 07, 2022

People Moves: AXA XL Names Ensurance’s Burgess as U/W, Construction, UK & Lloyd’s; Aon strengthens M&A and Transaction Team With 3 Hires

By | July 25th, 2022|Uncategorized|Comments Off on People Moves: AXA XL Names Ensurance’s Burgess as U/W, Construction, UK & Lloyd’s; Aon strengthens M&A and Transaction Team With 3 Hires

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 …

28 07, 2022

Medical Helicopter in Ohio Crashed on Way to Fatal Accident

By | July 28th, 2022|Uncategorized|Comments Off on Medical Helicopter in Ohio Crashed on Way to Fatal Accident

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 …

26 07, 2022

One-Quarter of Firms Operating at Lloyd’s Reach 35% Target for Women Leaders

By | July 26th, 2022|Uncategorized|Comments Off on One-Quarter of Firms Operating at Lloyd’s Reach 35% Target for Women Leaders

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 …