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10 06, 2021

Tennessee Touts 2021 Changes to State’s Captive Law and Record 2020 Formations

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Newly approved updates to Tennessee’s captive insurance statute will help boost the state’ reputation as preferred domicile for companies looking to establish a captive insurance company, according to the state’s insurance regulator. Tennessee Governor Bill Lee recently signed the latest …

10 06, 2021

North Carolina Offers Free Smoke Alarms as Number of Fire Deaths Rises

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As the number of fire deaths rises in North Carolina, Insurance Commissioner and State Fire Marshal Mike Causey organized a team of firefighters and volunteers last weekend, not to battle a blaze or answer medical calls, but to distribute and …

10 06, 2021

Florida Governor to Sign Property Insurance Measure But Says State Needs to Do More

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Florida Gov. Ron DeSantis said that he will sign recently-passed legislation addressing property insurance costs and roofing contractor practices while adding that he believes that the state needs to do more to curb excess litigation and improve the insurance market. …

10 06, 2021

Tysers’ Aylward to BMS’ Delegated Underwriting Authority Division; JLT/Marsh’s Beere to Aston Lark Unit Incepta; Howden’s Jenner to Oneglobal

By | June 10th, 2021|Uncategorized|Comments Off on Tysers’ Aylward to BMS’ Delegated Underwriting Authority Division; JLT/Marsh’s Beere to Aston Lark Unit Incepta; Howden’s Jenner to Oneglobal

This wrap-up of international People Moves details recent appointments at three London-based brokers: BMS, Incepta (a subsidiary of Goldman Sachs-backed Aston Lark), and Oneglobal Broking. A summary of these new hires follows here. BMS, the London-based specialist insurance and reinsurance …

10 06, 2021

U.S. Chamber Urges U.S., EU to Adopt Data Privacy Shield, Halt Tariffs

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The U.S. Chamber of Commerce on Wednesday urged the United States and European Union to quickly resolve their disputes over steel and aluminum tariffs and aircraft subsidies, and adopt a new privacy shield to better coordinate digital policy. The largest …

10 06, 2021

Crews Battle Arizona Wildfire Threatening Communities

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Firefighters in south-central Arizona have gained a toehold against a massive wildfire that has burned at least five structures and forced thousands of people to evacuate rural towns and shut down several highways. The so-called Telegraph Fire burning south of …

10 06, 2021

FBI Working with Iowa College on Data Security Breach

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The FBI is now working with Iowa’s Des Moines Area Community College on a data security breach that has led to days of the school being shut down. The security incident closed the college on Friday and forced it to …

10 06, 2021

Kansas Company Faces $119K Civil Penalty in Consumer Protection Case

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A now-defunct Wichita, Kansas, moving company has been ordered to pay more than $119,000 in restitution, civil fines, penalties and court costs after the company president ignored a consumer protection lawsuit filed by the Sedgwick County prosecutor. District Attorney Marc …

10 06, 2021

Nationwide Invests in Certificate of Insurance Startup Certificial

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Insurer Nationwide has invested in an early-stage funding round for Certificial, an insurtech with a platform that issues real-time certificates of insurance and simplifies compliance management. Certificial’s $5.8 million Series A funding round also included lead investor IA Capital, a …

10 06, 2021

Waymo, J.B. Hunt to Test Self-Driving Trucks in Texas

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U.S. truck fleet operator J.B. Hunt Transport Services Inc. and autonomous vehicle technology company Waymo will test human-supervised, self-driving trucks to deliver cargo between Houston and Fort Worth, Texas, expanding an existing relationship. The test comes as trucking companies are …