California Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for more than 16,000 policyholders affected by the Boyles Fire located in Lake County. The commissioner’s order shields those living within the …
Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs. Formed in 2016 and supported by OneAdvent, the specialist MGA services platform, …
Europe’s winter is forecast to be colder than last year — Germany’s third-mildest on record — as a weakened La Niña finally arrives, but it will still be warmer than longer-term averages. France, the UK and Scandinavia will be the …
This edition of International People Moves details appointments at Liberty Specialty Markets, the MGA Pen Underwriting, and Lloyd’s syndicate, AEGIS London. A summary of these new hires follows here. Liberty Specialty Markets Promotes Nelson to CUO, UK & MENA Regions, …
Miller, the London-based specialist re/insurance broker, announce it has completed the acquisition of Madrid-based commercial insurance broker Bruzon Correduría de Seguros y Reaseguros. The transaction, which first was announced in May, closed on Sept. 30 following the receipt of all …
Tesla and its CEO Elon Musk on Monday won the dismissal of a lawsuit accusing them of defrauding shareholders by overstating the effectiveness and safety of the automaker’s self-driving technology in order to boost its stock price. U.S. District Judge …
The average cost of workers’ compensation claims in Delaware, for cases with more than seven days of lost work, went up by 3% per year between 2019 and 2022, according to a new study from the Workers Compensation Research Institute …
CONYERS, Ga. (AP) — Some residents east of Atlanta were evacuated while others were told to shelter in place Sunday to avoid contaminants from a chemical plant fire that sent a massive plume of dark smoke high into the sky …
An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli airstrikes haven’t deterred the country’s Houthi militants from attacking commercial shipping. The 900-foot ship was hit by an uncrewed surface …
A Pennsylvania jury has awarded a $23.87 million verdict to James Spangler, a 58-year-old Harley Davidson mechanic from Manchester who suffered catastrophic injuries following a botched spinal surgery. The verdict represents the largest published medical malpractice award in York County’s …