25 10, 2024

People Moves: H.W. Kaufman Names Kaufman, Kaufman Davis Co-Presidents; Desett Joins HUB as N.A. Commercial Lines Pres.; Benson New Chubb Multinational Insurance Lead

By | October 25th, 2024|Uncategorized|Comments Off on People Moves: H.W. Kaufman Names Kaufman, Kaufman Davis Co-Presidents; Desett Joins HUB as N.A. Commercial Lines Pres.; Benson New Chubb Multinational Insurance Lead

H.W. Kaufman Group Names Kaufman and Kaufman Davis to Newly Established Co-President Role H.W. Kaufman Group, headquartered in Farmington Hills, Michigan, named Danny Kaufman and Jodie Kaufman Davis as co-presidents. The newly created positions establish distinct leadership responsibilities across Kaufman’s …

25 10, 2024

Boozy Work Parties May Be Over With New UK Harassment Law

By | October 25th, 2024|Uncategorized|Comments Off on Boozy Work Parties May Be Over With New UK Harassment Law

Alcohol-fueled company events could become a thing of the past, as UK employers consider new rules that place an onus on firms to protect workers from sexual harassment or risk hefty damages claims. Under a new law, companies will have …

25 10, 2024

Arthur J. Gallagher & Co. Acquires UK Investment Consulting Firm Redington Ltd

By | October 25th, 2024|Uncategorized|Comments Off on Arthur J. Gallagher & Co. Acquires UK Investment Consulting Firm Redington Ltd

Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of London-based Redington Ltd. Terms of the transaction were not disclosed. Redington is an investment consulting firm providing comprehensive investment, research and technology services to pension funds, …

25 10, 2024

Harassment Claims Soar at City Firms in Wake of Odey Scandal

By | October 25th, 2024|Uncategorized|Comments Off on Harassment Claims Soar at City Firms in Wake of Odey Scandal

City firms reported a 72% surge in non-financial misconduct complaints over the last three years following a string of high-profile scandals including sexual harassment allegations leveled at hedge fund chief Crispin Odey. In the biggest review of discrimination and bullying …

25 10, 2024

Indian Court Tells Star Health to Share Details of Leak so Telegram Can Delete Chatbots

By | October 25th, 2024|Uncategorized|Comments Off on Indian Court Tells Star Health to Share Details of Leak so Telegram Can Delete Chatbots

An Indian court in the southern state of Tamil Nadu has told insurer Star Health to help Telegram identify data leaked via its messaging app so the chatbots can be deleted. The country’s biggest insurer with roughly $4 billion market …

25 10, 2024

Philippines Races to Limit Storm Damage as Trami Keeps Strength

By | October 25th, 2024|Uncategorized|Comments Off on Philippines Races to Limit Storm Damage as Trami Keeps Strength

The Philippines is ramping up efforts to contain the devastation caused by severe tropical storm Trami, which has killed 25 people, affected millions and shut government offices for a third straight day on Friday. President Ferdinand Marcos Jr. said the …

25 10, 2024

FM Makes Third ‘Resilience Credit’ With $400M for Clients

By | October 25th, 2024|Uncategorized|Comments Off on FM Makes Third ‘Resilience Credit’ With $400M for Clients

Eligible commercial property insurance clients of FM will receive a share of $400 million in what the insurer calls a “resilience credit” to be put toward climate mitigation solutions. This is the third resilience credit allocated since FM announced the …

25 10, 2024

North Carolina Calculates Helene Damage at $58B, Far More than Florence

By | October 25th, 2024|Uncategorized|Comments Off on North Carolina Calculates Helene Damage at $58B, Far More than Florence

RALEIGH, N.C. (AP) — The catastrophic flooding and destruction caused by Hurricane Helene in western North Carolina likely caused at least a record $53 billion in damages and recovery needs, Gov. Roy Cooper’s administration said Wednesday. The state budget office …

25 10, 2024

Georgia County to Sue BioLab Over Chemical Fire and Toxic Fumes

By | October 25th, 2024|Uncategorized|Comments Off on Georgia County to Sue BioLab Over Chemical Fire and Toxic Fumes

CONYERS, Ga. (AP) — A Georgia county is preparing a federal lawsuit that aims to shut down the BioLab chemical factory where a fire sent a toxic chemical cloud over Atlanta’s suburbs last month, the latest in a series of …

25 10, 2024

Q3 Net Income Up 18% at The Hartford

By | October 25th, 2024|Uncategorized|Comments Off on Q3 Net Income Up 18% at The Hartford

Third quarter 2024 net income at The Hartford improved about 18% compared to the same period a year ago despite $247 million in pretax catastrophe losses—$104 million from Hurricane Helene. Net income was $767 million compared to $651 million a …