23 03, 2022

Acrisure Acquires MGA Platform Volante Global From Markel’s Nephila

By | March 23rd, 2022|Uncategorized|Comments Off on Acrisure Acquires MGA Platform Volante Global From Markel’s Nephila

Acrisure, the Grand Rapids, Mich.-based financial services and insurance brokerage firm, announced it is acquiring Volante Global, a multi-class, multi-territory international managing general agent (MGA). Headquartered in London with a presence in seven countries, Volante provides niche, specialist re/insurance products …

23 03, 2022

Two South Florida Construction Workers Crushed by Concrete Wall

By | March 23rd, 2022|Uncategorized|Comments Off on Two South Florida Construction Workers Crushed by Concrete Wall

Two construction workers in Boynton Beach were killed Tuesday when a concrete wall they were installing fell and crushed them. One local TV news station said the fatalities happened when a construction crane collapsed at the Riverwalk Plaza, but other …

23 03, 2022

GameStop Sued by BCG Over $30 Million Bill to Fix Company

By | March 23rd, 2022|Uncategorized|Comments Off on GameStop Sued by BCG Over $30 Million Bill to Fix Company

GameStop Corp.’s stockholders may be enjoying the biggest rally of the year, but not everyone is happy. Boston Consulting Group claims it hasn’t been paid about $30 million in fees for its work “setting the company on a more sustainable …

23 03, 2022

The Remaking of Verisk as an Insurance-Focused Firm Is Underway

By | March 23rd, 2022|Uncategorized|Comments Off on The Remaking of Verisk as an Insurance-Focused Firm Is Underway

Last week, information services firm Verisk said it had taken steps that align with one investor’s call for the firm to commit to being a standalone insurance-focused business. Yesterday, Verisk promised several additional changes and publicly committed to a “pure-play” …

23 03, 2022

Authentication Firm Okta Says Up to 366 Customers Potentially Hit by Hack

By | March 23rd, 2022|Uncategorized|Comments Off on Authentication Firm Okta Says Up to 366 Customers Potentially Hit by Hack

Shares in Okta Inc fell 9% on Wednesday after the U.S. digital authentication firm said hundreds of its customers may have been affected by a security breach involving hacking group Lapsus$. The breach sparked concern as the cyber extortion gang …

23 03, 2022

Crews Make Progress in Containing Texas Wildfire

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Firefighting crews were making progress containing a massive Texas wildfire that was blamed for last week’s death of a deputy, officials said. The Eastland Complex has burned about 85 square miles (220 square kilometers) since a series of fires broke …

23 03, 2022

Arthur J. Gallagher & Co. Acquires Missouri’s Commercial Insurance Underwriters

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Arthur J. Gallagher & Co. announced the acquisition of Springfield, Missouri-based Commercial Insurance Underwriters, Inc. (CIU). Terms of the transaction were not disclosed. Founded in 1984, CIU is a surplus lines agency offering commercial, personal and professional lines coverages for …

23 03, 2022

People Moves: Root Names Bateman as CFO

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Root, Inc. has Rob Bateman as its new chief financial officer, effective April 11. Bateman joins Columbus, Ohio-based Root as CFO with over two decades of broad strategic, financial and operational experience across the insurance industry, most recently as president …

23 03, 2022

U.S. Fuelmakers on Hook for Vehicle Emissions in New SEC Rule

By | March 23rd, 2022|Uncategorized|Comments Off on U.S. Fuelmakers on Hook for Vehicle Emissions in New SEC Rule

U.S. drillers and refiners will likely need to report estimated greenhouse gas emissions from the cars, trucks, planes and ships that use their fuel if a rule proposed by U.S. regulators on Monday passes later this year, according to industry …

23 03, 2022

People Moves: TigerRisk Hires Aon’s Tuttle as Sr. Reinsurance Broker; HDI Promotes 3 for UK, Ireland Teams; BMS Taps Howden’s Powell as Chief Commercial Officer

By | March 23rd, 2022|Uncategorized|Comments Off on People Moves: TigerRisk Hires Aon’s Tuttle as Sr. Reinsurance Broker; HDI Promotes 3 for UK, Ireland Teams; BMS Taps Howden’s Powell as Chief Commercial Officer

This edition of International People Moves details appointments at TigerRisk Partners, HDI Global, and BMS. A summary of these new hires follows here. TigerRisk Hires Aon’s Tuttle as Partner, Senior Reinsurance Broker TigerRisk Partners, the Stamford, Conn. insurance and reinsurance …