Global insurance broker Marsh USA is suing major competitor Aon and a former Marsh team leader for allegedly poaching key members of Marsh’s construction surety team who resigned and moved to Aon last month. A complaint filed by Marsh in …
Neptune Flood, one of the largest writers of private flood insurance, named four people to executive-level positions at the St. Petersburg-based company. Matt Duffy was elevated from managing director to president. Alais Griffin is the new general counsel. Tom Wexler …
The chief executive of W.R. Berkley Corp. said his company is very focused on the impacts of tariffs on loss costs, and ultimately pricing for short-tail lines of business. But the possibility of impacts of other lines, including workers’ compensation, …
Global specialty insurance broker Ryan Specialty has agreed to acquire certain assets of USQRisk Holdings, LLC, a New York-headquartered managing general agency focused on nontraditional insurance. Formed in 2020 and operating in New York and London, USQ has two core …
Xceedance Appoints Sankaran as Global Chief Operating Officer Xceedance, headquartered in Worcester, Massachusetts, named Subramanian (Subbu) Sankaran to the new role of global chief operating officer. Sankaran has over 30 years of experience in global operations and transformation roles across …
CHL, the ultimate parent company of Conduit Re, a multi-line Bermuda-based reinsurance business, announced the appointment of Nick Pritchard as interim chief underwriting officer with immediate effect, following the decision by Gregory Roberts to leave Conduit and return to the …
As roads become more dangerous, 70% of company drivers say they worry about being killed or hurt in a collision or held liable for the damages. While 89% of company drivers rate their driving as good or excellent, less than …
New Jersey Attorney General Matthew J. Platkin has filed a lawsuit against Discord, Inc. alleging that the messaging app provider is exposing kids to violent and sexual content and predators and has violated the state’s consumer protection laws. Platkin maintains …
Megan Greene, one of the Bank of England’s most hawkish policymakers, said Donald Trump’s wave of global tariffs is more likely to weigh on prices in the UK than it is to stoke higher inflation. In an interview with Bloomberg …
Three people died and a fourth was critically injured early Easter Sunday when a fire tore through an overcrowded home in Queens, that had no evidence of a working smoke detector and had blocked stairs and exits, fire officials said. …