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Archive: February 2024

People Moves: Braverman and Bill join Lockton Lawyers Professional Liability Practice
Insurance Journal | February 29, 2024
People Moves: Braverman and Bill join Lockton Lawyers Professional Liability Practice
Lockton, headquartered in the Kansas City metropolitan area, named Eric Braverman and Eric Bill to its lawyers professional liability practice. Both are based in Chicago. Braverman joins as senior vice president, professional services practice leader. He brings 20 years of …
Insurers Offer Tips for Residents to Navigate Texas Wildfires
Insurance Journal | February 29, 2024
Insurers Offer Tips for Residents to Navigate Texas Wildfires
The Smokehouse Creek Fire has grown to more than 1 million acres in the Texas Panhandle, making it the second-largest wildfire in state history. The fire is 3% contained as of Thursday morning according to officials with the Texas A&M …
RT Specialty Adds Cyber Liability to its Proprietary Digital Platform
Insurance Journal | February 29, 2024
RT Specialty Adds Cyber Liability to its Proprietary Digital Platform
RT Specialty, the wholesale distribution division of Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, announced addition of Cyber Liability to its proprietary digital platform, RT Connector. RT Connector allows retail insurance agents to access multiple lines of …
People Moves: Fusion Specialty Appoints Harwood for APAC M&A Team; Specialty MGA Nirvana Hires García-Beltrán to Grow European Cyber SME Portfolio
Insurance Journal | February 29, 2024
People Moves: Fusion Specialty Appoints Harwood for APAC M&A Team; Specialty MGA Nirvana Hires García-Beltrán to Grow European Cyber SME Portfolio
This edition of International People Moves details appointments at the managing general agents Fusion Specialty and Nirvana. A summary of these new hires follows here. Fusion Specialty Appoints Harwood for M&A in Asia Pacific Fusion Specialty, a Sydney-based MGA platform …
California Hillsides Are at Risk of Floods After Days of Downpours
Insurance Journal | February 20, 2024
California Hillsides Are at Risk of Floods After Days of Downpours
The latest in a series of robust storms is drenching California again with rain and snow, prompting officials to warn residents to stay on high alert for floods as weakened terrain gets further tested. Some hillside communities — including affluent …
New Concerns About NC State University Building Found to Have PCBs
Insurance Journal | February 20, 2024
New Concerns About NC State University Building Found to Have PCBs
Concerns and controversy have continued to mount over the presence of toxic chemicals, including cancer-linked polychlorinated biphenyls, or PCBs, found in a building at North Carolina State University. The Raleigh News & Observer, Forbes magazine and other news outlets have …
Texas Car Dealership Settles Discrimination Lawsuit for $145K
Insurance Journal | February 20, 2024
Texas Car Dealership Settles Discrimination Lawsuit for $145K
An Amarillo, Texas-based car dealership will pay $145,000 and furnish other relief to settle an age and disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’s lawsuit, an employee …
Greek Ship Attacked in Red Sea by Houthis Arrives in Port of Aden With Cargo
Insurance Journal | February 20, 2024
Greek Ship Attacked in Red Sea by Houthis Arrives in Port of Aden With Cargo
The Greek-flagged bulker Sea Champion arrived in the southern Yemeni port of Aden on Tuesday after being attacked in the Red Sea in what appeared to have been a mistaken missile strike by the Houthi militia, sources said. Shipping risks …
President Biden Visits East Palestine, Ohio to Assess Cleanup After Train Derailment
Insurance Journal | February 20, 2024
President Biden Visits East Palestine, Ohio to Assess Cleanup After Train Derailment
EAST PALESTINE, Ohio (AP) — President Joe Biden on Friday surveyed the federal cleanup in East Palestine, Ohio, more than a year after an explosive fire from a derailed train carrying hazardous chemicals, and saw up close the lingering hostility …
Turkey Plans Fine for SSR’s Local Unit Over Mine Spill
Insurance Journal | February 20, 2024
Turkey Plans Fine for SSR’s Local Unit Over Mine Spill
Turkey plans to fine a unit of SSR Mining Inc. after a landslide at its Copler gold mine and have the company cover the cost of removing millions of tons of waste, three government officials said. Anagold Madencilik, 80%-owned by …