This wrap-up of international People Moves details recent appointments at Oneglobal Broking, Africa Specialty Risks, AXA XL and SiriusPoint. A summary of these new hires follows here. Oneglobal Broking, the London based broker, announced the appointment of Nicolau Daudt as …
Despite a slight improvement in net income in 2020, U.S. medical professional liability (MPL) insurers saw their sixth consecutive year of underwriting losses, according to a new AM Best report. According to the new Best’s Special Report, “Continued Uncertainty Clouds …
Oklahoma Gov. Kevin Stitt on May 7 signed into law legislation creating new penalties for workers’ compensation fraud. The legislative summary for House Bill 2236 states that anyone “failing to report to an employer, insurance carrier, or third-party administrator any …
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of specialist Irish liability and property managing general agent (MGA), Blackrock Insurance Solutions. Financial details of the acquisition were not disclosed. SRG said this acquisition further demonstrates its commitment …
A bill to legalize and tightly regulate medical marijuana hit a wall of resistance in the Nebraska Legislature on May 12, even though some opponents acknowledged that rejecting it will pave the way for a much less restrictive ballot measure …
Colonial Pipeline has cyber insurance arranged by broker Aon, with Lloyd’s of London insurers AXA XL and Beazley among the underwriters, three sources told Reuters on Thursday. Colonial Pipeline has begun to restart the nation’s largest fuel pipeline network after …
Florida – one of the most vulnerable places in the world to sea level rise – will spend hundreds of millions of dollars over the next few years to protect against coastal flooding under a bill Republican Gov. Ron DeSantis …
Insurance broker Miller has launched a professional indemnity (PI) product designed specifically for solicitors operating on a self-employed basis. The product was developed following reforms introduced in November 2019 by the Solicitor’s Regulation Authority (which regulates solicitors in England and …
Environmental Protection Agency officials met with Jackson leaders Tuesday to discuss severe issues with the water system in Mississippi’s capital city. They said fixing the system will take years and cost millions of dollars, but for now, it’s OK for …
President Joe Biden on Wednesday signed an executive order intended to strengthen U.S. cybersecurity by improving information sharing about attacks with the private sector and adopting better safety practices throughout the government. It also seeks to improve the government’s response …