2 06, 2021

Hub International Limited Acquires Assets of Epstein Financial Services LLC

By | June 2nd, 2021|Uncategorized|Comments Off on Hub International Limited Acquires Assets of Epstein Financial Services LLC

Hub International Limited (Hub), a full-service global insurance broker, has acquired the assets of Epstein Financial Services LLC and Epstein Financial Group LLC. Terms of the transaction were not disclosed. Located in East Longmeadow, Massachusetts, Epstein Financial is an independent …

2 06, 2021

Former Pension Boss in New Mexico Sues for Pay Discrimination

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The former head of New Mexico’s pension system for educators has accused Democratic Gov. Michelle Lujan Grisham and others of denying her equal pay. Jan Goodwin filed a lawsuit in federal court last week, saying she was forced to leave …

2 06, 2021

Magnitude 6.1 Earthquake Confirmed in Alaska

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A magnitude 6.1 earthquake shook Alaska’s Talkeetna Mountains north of Anchorage Sunday night and smaller tremors continued early Monday, the US Geological Survey confirmed. The earthquake was felt from Homer to Fairbanks, and was felt especially strongly in the Anchorage …

2 06, 2021

Pennsylvania Property Owners Encouraged to Purchase Flood Insurance

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Pennsylvania Insurance Commissioner Jessica Altman is urging property owners to consider purchasing flood insurance to protect their homes, businesses and possessions. For many Pennsylvanians, extreme weather, including flooding caused by hurricanes and severe thunderstorms, can be a common occurrence throughout …

2 06, 2021

Firetruck Crashes into Philadelphia Building, Leaving Five Injured

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Four firefighters and one civilian were injured Thursday when a Philadelphia Fire Department firetruck crashed into a building after a collision with another vehicle. The firetruck had left a nearby fire station and had its lights and siren on as …

2 06, 2021

Chasing Yield, Private Equity Firms Nudge Up Risk on Insurers: Analysis

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Private equity firms have spent nearly $40 billion buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now. The firms are …

2 06, 2021

People Moves: Aon’s Bonner to TigerRisk; Trivitt Promoted at AXIS, RSA’s Birre Julvécourt to BHSI in France

By | June 2nd, 2021|Uncategorized|Comments Off on People Moves: Aon’s Bonner to TigerRisk; Trivitt Promoted at AXIS, RSA’s Birre Julvécourt to BHSI in France

This wrap-up of international People Moves details recent appointments at TigerRisk Partners (which is launching a global trade credit, surety and political risk business); AXIS Insurance, and Berkshire Hathaway Specialty Insurance (which has launched a full line of marine insurance …

1 06, 2021

Tesla Loses Top Safety Rankings From IIHS, Consumer Reports

By | June 1st, 2021|Uncategorized|Comments Off on Tesla Loses Top Safety Rankings From IIHS, Consumer Reports

Two key groups that offer automobile safety ratings are yanking their top endorsements from some Tesla vehicles because the company has stopped using radar on its safety systems. Consumer Reports pulled its “Top Pick” status for Tesla’s Model 3 and …

2 06, 2021

Michigan’s Top Court: Utility Not Liable in Tree Trimmer’s Death

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A city-owned utility in Traverse City, Michigan, can’t be held responsible for the death of a tree trimmer who had contact with a power line. The Michigan Supreme Court has turned down an appeal from Zachary Adams’ family, which means …

1 06, 2021

Generali Launches $1.4 Billion Bid to Buy Remaining Shares of Italy Rival Cattolica

By | June 1st, 2021|Uncategorized|Comments Off on Generali Launches $1.4 Billion Bid to Buy Remaining Shares of Italy Rival Cattolica

Italy’s largest insurer Assicurazioni Generali SpA launched a 1.2 billion-euro ($1.4 billion) bid to buy all the shares it doesn’t already own in smaller rival Societa Cattolica di Assicurazioni, as part of a strategy to cement its already-commanding presence in …