12 05, 2022

Florida Restaurants Go Hungry in Federal, State COVID Suits vs. Lloyd’s

By | May 12th, 2022|Uncategorized|Comments Off on Florida Restaurants Go Hungry in Federal, State COVID Suits vs. Lloyd’s

Florida restaurants have had little success in recent lawsuits against Lloyd’s of London over insurance coverage for shutdowns during the COVID-19 pandemic. On Wednesday, Florida’s 3rd District Court of Appeal, in the first COVID-coverage ruling by a Florida state appeals …

13 05, 2022

People Moves: IA&B Hires Lobbyist; Concord Specialty Promotes 3; IMUA Elects Officers

By | May 13th, 2022|Uncategorized|Comments Off on People Moves: IA&B Hires Lobbyist; Concord Specialty Promotes 3; IMUA Elects Officers

IA&B Welcomes John Savant as Government Affairs Director The independent insurance agents’ trade association for Pennsylvania, Maryland and Delaware has a new lobbyist. The Insurance Agents & Brokers (IA&B) has hired John Savant as government affairs director. In his role, …

12 05, 2022

Sexism in Financial Services Has Gotten Worse, Says Aviva CEO Amanda Blanc

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Aviva Plc Chief Executive Officer Amanda Blanc said that the sexism she encounters has worsened as she has risen through the ranks in finance. Blanc became the insurer’s first female chief executive in July 2020 but faced a number of …

12 05, 2022

Rhode Island High Court Revisits Exception to Workers’ Comp ‘Going-and-Coming’ Rule

By | May 12th, 2022|Uncategorized|Comments Off on Rhode Island High Court Revisits Exception to Workers’ Comp ‘Going-and-Coming’ Rule

The Rhode Island Supreme Court recently revisited the “going-and-coming” rule that generally excludes workers’ compensation benefits where an injured worker is traveling to or from work. The court has affirmed — and slightly modified— an exception to that rule concerning …

12 05, 2022

Extreme Weather Threatens Global Wheat Crops – With One Notable Exception

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As Russia’s invasion chokes off Ukrainian wheat exports, pushing up bread and noodle prices, the global harvest faces an added test: extreme weather. Droughts, flooding and heatwaves threaten output from the U.S. to France and India, compounding shrinking production in …

12 05, 2022

Choice Financial Buys Pensylvania’s Fonner Insurance

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Choice Financial Group reported that it has acquired property/casualty insurance agency Fonner Insurance Associates in Abington, Pennsylvania. Fonner has served the greater Philadelphia area for 30 years led by the Fonner family. William and Eric Fonner will continue managing the …

12 05, 2022

Russia’s War With Ukraine Must Not Derail Climate Action: Envoys Warn

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The world needs to speed up decarbonization and not let a focus on energy security in the wake of Russia’s invasion of Ukraine derail the drive to a low-carbon economy to avert disastrous climate change, leading climate envoys said on …

12 05, 2022

People Moves: Canopius CUO Duffy to Retire Next Year; AXA XL Promotes Baker to Head of Construction, UK & Lloyd’s

By | May 12th, 2022|Uncategorized|Comments Off on People Moves: Canopius CUO Duffy to Retire Next Year; AXA XL Promotes Baker to Head of Construction, UK & Lloyd’s

Canopius CUO Duffy to Retire Next Year Canopius Group, the London-based global specialty re/insurer, announced that, after nearly 17 years of service, Group Chief Underwriting Officer Mike Duffy will retire in 12 months’ time. Duffy joined Canopius in January 2006 …

12 05, 2022

BMS Launches Operations in New Zealand

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BMS, the London-based independent insurance and reinsurance broker, announced it has commenced operations in New Zealand, with the launch of BMS Risk Solutions Ltd. (BMSRS). BMSRS is an independent, New Zealand owned and operated extension of BMS Group and has …

12 05, 2022

Howden Acquires Singapore-Based AEGIS Insurance Agencies Pte Ltd.

By | May 12th, 2022|Uncategorized|Comments Off on Howden Acquires Singapore-Based AEGIS Insurance Agencies Pte Ltd.

Howden Insurance Brokers (Singapore) Pte Ltd., the international insurance broker and subsidiary of Howden, announced it has acquired the business and assets of AEGIS Insurance Agencies Pte., a Singapore-based specialist insurance agency. Financial details of the transaction were not disclosed. …