3 02, 2023

People Moves: Beavers promoted to VP of Client Solutions at RYZE Claim Solutions; Alera Appoints Midwest Regional Managing Director

By | February 3rd, 2023|Uncategorized|Comments Off on People Moves: Beavers promoted to VP of Client Solutions at RYZE Claim Solutions; Alera Appoints Midwest Regional Managing Director

RYZE Claim Solutions Names Beavers Vice President of Client Solutions Teresa Beavers has been promoted to vice president of client solutions at RYZE Claim Solutions. Beavers, who has 33 years of experience in the claims industry, joined RYZE in 2001 …

3 02, 2023

People Moves: DUAL Hires Chief Risk Officer, Actuarial Lead; Allianz Nabs Chubb COO to Head N.A. Financial Lines

By | February 3rd, 2023|Uncategorized|Comments Off on People Moves: DUAL Hires Chief Risk Officer, Actuarial Lead; Allianz Nabs Chubb COO to Head N.A. Financial Lines

DUAL Hires Chief Risk Officer and Actuarial Lead DUAL North America, Inc., based in Naples, Florida, has hired Ranjit Jaswal as chief risk officer and Luke Wolmer as senior vice president of actuarial and data analytics. Jaswal brings over 25 …

3 02, 2023

North Carolina Rate Bureau Files for 28% Increase in Auto Insurance Rates

By | February 3rd, 2023|Uncategorized|Comments Off on North Carolina Rate Bureau Files for 28% Increase in Auto Insurance Rates

The North Carolina Rate Bureau is asking for a 28% increase in auto insurance rates for the state, an increase that will likely be slashed significantly by the state Department of Insurance. The average statewide increase for private passenger auto …

3 02, 2023

Securities Fraud Trial Over Elon Musk’s 2018 Tweets Draws to a Close

By | February 3rd, 2023|Uncategorized|Comments Off on Securities Fraud Trial Over Elon Musk’s 2018 Tweets Draws to a Close

A lawyer for Tesla Inc. shareholders who claim Elon Musk deceived them when he tweeted that he had secured funding to take his electric car company private is expected to make closing arguments to a San Francisco jury on Friday. …

3 02, 2023

PG&E to Face Manslaughter Trial Over Deadly California Fire

By | February 3rd, 2023|Uncategorized|Comments Off on PG&E to Face Manslaughter Trial Over Deadly California Fire

Pacific Gas & Electric will face trial for manslaughter over its role in a 2020 wildfire in Northern California that killed four people, a judge ruled Wednesday. The judge in Shasta County ruled after a preliminary hearing that there was …

3 02, 2023

Family of Ugandan Awarded $10.5M for Utah Park Death

By | February 3rd, 2023|Uncategorized|Comments Off on Family of Ugandan Awarded $10.5M for Utah Park Death

Family members of a Ugandan human rights activist killed in an accident at Arches National Park will get more than $10 million in damages, a federal judge ruled. Though the amount was substantially less than pursued, attorneys representing the family …

2 02, 2023

PCF Acquires Louisiana’s Oak Point Risk Advisors

By | February 2nd, 2023|Uncategorized|Comments Off on PCF Acquires Louisiana’s Oak Point Risk Advisors

PCF Insurance Services (PCF) has acquired Oak Point Risk Advisors, a niche risk management and insurance agency focusing on commercial insurance for the maritime, oil and gas, and construction industries. Ronny Sternfels, president of Oak Point Risk Advisors, said, “At …

1 02, 2023

Marsh McLennan Names Tomlinson CEO for U.S. and Canada

By | February 1st, 2023|Uncategorized|Comments Off on Marsh McLennan Names Tomlinson CEO for U.S. and Canada

Marsh McLennan said it has named Pat Tomlinson CEO of U.S. and Canada. He, along with Flavio Piccolomini, who was appointed International CEO, will report to Mercer President and CEO Martine Ferland and Marsh President and CEO Martin South as …

2 02, 2023

ION Trading UK Indicates Cyber Attack Could Take 2-3 Days to Resolve

By | February 2nd, 2023|Uncategorized|Comments Off on ION Trading UK Indicates Cyber Attack Could Take 2-3 Days to Resolve

ION Trading UK, the software firm hit by a cyberattack, has indicated it could take two to three days to resolve the situation, people familiar with the matter said. The London-based firm gave that time frame to some of the …

1 02, 2023

Breaking: Slide Will Assume 91,000 Policies and Premium in United P&C Runoff in Florida

By | February 1st, 2023|Uncategorized|Comments Off on Breaking: Slide Will Assume 91,000 Policies and Premium in United P&C Runoff in Florida

One year after Slide Insurance made waves by taking over thousands of policies from a troubled Florida carrier, the young company has done it again. The Florida Office of Insurance Regulation on Tuesday signed a consent order granting Tampa-based Slide …