15 01, 2021

Sompo Int’l Hires Generali’s Brown to Lead New London & International Property Team

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Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced the appointment of Richard Brown to lead a new team focusing on property business through retail distribution channels in the UK, Europe and selected …

14 01, 2021

World Insurance Associates Acquires New Jersey’s True & Associates

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World Insurance Associates LLC (WIA) acquired True & Associates of Westfield, N.J. on December 31, 2020. True & Associates is its largest property/casualty acquisition to date. Terms of the transaction were not disclosed. True & Associates is a multi-line full-service …

15 01, 2021

Despite Pandemic, North Carolina Traffic Deaths Climb to 1,500 in 2020

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Traffic deaths in North Carolina last year surpassed 1,500 for the first time in 13 years despite a pandemic during which motorists logged fewer miles statewide, statistics show. N.C. Department of Transportation data shows the number of miles driven dropped …

14 01, 2021

Marsh Unveils 15 Cybersecurity Vendors Insurers Rate Most Effective

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Global insurance broker Marsh has unveiled for the second time its group of Cyber Catalyst designated products and services judged by leading cyber insurers to be effective in combating significant cyber risks, including ransomware and data management. This year’s cohort …

15 01, 2021

Louisiana Bars Lose Appeal in Fight Against Forced COVID-19 Closures

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Louisiana bar owners fighting coronavirus-related closures of their businesses lost an appeal at a federal appeals court. The 5th U.S. Circuit Court of Appeals on Jan. 13 upheld rulings from two lower court judges who last year refused to block …

14 01, 2021

Hub International Acquires Massachusetts’ Alpha Pension Group

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Hub International Limited (Hub), a full-service global insurance broker, has acquired Alpha Pension Group Inc. Terms of the transaction were not disclosed. Headquartered in Boston, Mass., Alpha Pension Group is a retirement consulting firm that provides investment analytics, fiduciary governance …

15 01, 2021

Wisconsin Suspends License of Pharmacist Accused of Spoiling Vaccine

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A state board has suspended the license of a Wisconsin pharmacist accused of ruining more than 500 doses of COVID-19 vaccine because he thought it was unsafe. Steven Brandenburg was working at Advocate Aurora Health in Grafton, about 20 miles …

14 01, 2021

Vermont Man Facing Eight Arson Charges for Stowe Fires

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A Stowe man is facing eight arson charges that he set a series of fires over nearly two years that caused more than $1.5 million in damage, police said Wednesday. Police say Jeffrey Nolan, 62, admitted to setting a fire …

15 01, 2021

AXIS Capital Decides to Stop Insuring Arctic Oil and Gas Projects

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AXIS Capital Holdings Ltd. said it won’t insure oil and gas projects in the Arctic National Wildlife Refuge, becoming the first North American underwriter to make the commitment after pressure from native Alaskans and environmentalists. The move follows similar pledges …

14 01, 2021

Some Rideshare Drivers Sue Over California Ballot Measure

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Drivers for app-based ride-hailing and delivery services filed a lawsuit Tuesday to overturn a California ballot initiative that makes them independent contractors instead of employees eligible for benefits and job protections. The lawsuit filed with the California Supreme Court said …