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1 04, 2022

People Moves: AXIS Specialty Europe Names Mullarkey as CEO; SCOR Syndicate Appoints Arch’s Biggas as Active Underwriter

By | April 1st, 2022|Uncategorized|Comments Off on People Moves: AXIS Specialty Europe Names Mullarkey as CEO; SCOR Syndicate Appoints Arch’s Biggas as Active Underwriter

This edition of International People Moves details appointments at AXIS Specialty Europe and SCOR Syndicate. A summary of these new hires follows here. AXIS Specialty Europe Names Mullarkey as CEO AXIS Capital Holdings Ltd. announced the appointment of Fintan Mullarkey …

1 04, 2022

HSBC’s New Insurance Chief Executive Eyes ‘Crucial’ New Deals in China

By | April 1st, 2022|Uncategorized|Comments Off on HSBC’s New Insurance Chief Executive Eyes ‘Crucial’ New Deals in China

Greg Hingston, who took over as global chief executive of HSBC Holdings Plc’s insurance unit in January, has had a busy quarter, closing the group’s first acquisition in a decade, building out the China business and eyeing new deals to …

1 04, 2022

Supreme Court Cast Doubt on Texas Immunity Claim in Vet’s Suit

By | April 1st, 2022|Uncategorized|Comments Off on Supreme Court Cast Doubt on Texas Immunity Claim in Vet’s Suit

The Supreme Court on Tuesday cast doubt on Texas’ claim that it can’t be sued by a former state trooper who says he was forced out of his job when he returned from Army service in Iraq. The justices heard …

1 04, 2022

Rhode Island Regulator Dwyer Named to Financial Stability Oversight Council

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The Executive Committee of the National Association of Insurance Commissioners (NAIC) has appointed Beth Dwyer, superintendent of Banking and Insurance for Rhode Island, to serve as NAIC’s representative on the Financial Stability Oversight Council (FSOC). Dwyer will succeed recently retired …

1 04, 2022

Kansas City Police to Pay $325,000 to Teen After Violent Arrest

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A Black Kansas City teenager will receive a $325,000 settlement after three white police officers hit him more than 10 times and used a stun gun on him, according to an excessive force lawsuit. It is the third settlement this …

1 04, 2022

Washington Court Grants Extended Stay of Insurance Commissioner’s Credit Scoring Ban

By | April 1st, 2022|Uncategorized|Comments Off on Washington Court Grants Extended Stay of Insurance Commissioner’s Credit Scoring Ban

A judge in Washington has signed an order formally staying the Washington Insurance Commissioner Mike Kreidler’s ban on using credit ratings to help set insurance premiums on vehicle, rental and homeowners insurance. The order consolidated two cases into Judge Indu …

31 03, 2022

Connecticut’s Bradley Airport Website Hit by Cyberattack

By | March 31st, 2022|Uncategorized|Comments Off on Connecticut’s Bradley Airport Website Hit by Cyberattack

Connecticut officials said they were monitoring a cyberattack Tuesday that attempted to crash the website of Bradley International Airport but had no impact on operations. The Connecticut Airport Authority, which oversees Connecticut’s largest airport in Windsor Locks north of Hartford, …

31 03, 2022

Work Continues to Free Container Ship Stranded in Chesapeake Bay

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The U.S. Coast Guard prepared a second attempt to free a stranded container ship Wednesday, more than two weeks after it ran aground in the Chesapeake Bay. The effort will be similar to Tuesday’s attempt involving five tug boats straining …

31 03, 2022

People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big ‘I’ Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders

By | March 31st, 2022|Uncategorized|Comments Off on People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big ‘I’ Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders

Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists, delivering innovative and effective solutions to global businesses that face increasingly complex cyber risks. A 20-year veteran of the insurance …

31 03, 2022

Tornadoes Leave Damage, Power Outages Across Parts of South

By | March 31st, 2022|Uncategorized|Comments Off on Tornadoes Leave Damage, Power Outages Across Parts of South

Strong thunderstorms and tornadoes caused damage across parts of five Southern states Wednesday night and Thursday morning, leaving some 180,000 people without power. Local news outlets and the National Weather Service reported numerous tornadoes in Arkansas, Louisiana, Mississippi, Alabama, Tennessee …