1 month 2 weeks ago
A Maryland husband and wife have been sentenced to 12 years in prison and four years in prison, respectively, after their convictions for a $20 million scheme to commit insurance fraud. In addition to their prison sentences, a judge for …
1 month 2 weeks ago
This edition of International People Moves details appointments at QBE Re and Liberty Global Transaction Solutions. A summary of these new hires follows here. QBE Re Names Senior Leaders Across Markets, Product Areas as Part of Restructuring QBE Re has …
1 month 2 weeks ago
Augmented UW Ltd., the AI-driven managing general agent, has launched in London to serve the smart-follow insurance market. The MGA was founded by Chief Executive Officer Daniel Prince, a leading executive in the London insurance market, who was formerly CEO …
1 month 2 weeks ago
Extreme weather events such as heatwaves, flooding and wildfires could wipe as much off euro zone GDP in the next five years as the global financial crisis or the COVID-19 pandemic, a senior European Central Bank official said on Wednesday. …
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1 month 2 weeks ago
The five U.S. cities with the riskiest drivers are all located in the Northeast, according to Allstate’s 2025 America’s Best Drivers Report. The insurer listed Boston as the city where drivers were most likely to experience a collision, followed by …
1 month 2 weeks ago
Over the last decade, an array of Texas state and local agencies missed opportunities to fund a flood warning system intended to avert a disaster like the one that killed dozens of young campers and scores of others in Kerr …
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1 month 2 weeks ago
Low water levels following a drought and heatwave in western Europe continue to hinder shipping through the Rhine river in Germany, commodity traders said on Wednesday, with rain in past days generating only a moderate rise in water levels. Low …
1 month 2 weeks ago
The cyberattack that derailed Marks & Spencer Group Plc’s operations for weeks was the result of a “sophisticated impersonation” of one of the retailer’s third-party users, according to Chairman Archie Norman. The hackers entered M&S’s systems on April 17 and …
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1 month 2 weeks ago
Qantas Airways Ltd. said personal information belonging to 5.7 million customers, ranging from names and addresses to phone numbers and meal preferences, were stolen in last week’s cyberattack, as the fallout from the latest airline security breach becomes clearer. The …
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1 month 2 weeks ago
The U.S. Army Corps of Engineers has released a revised study on potential flood controls for the part of the Pearl River that runs along Jackson, narrowing its focus to two proposals, and only one of them would resemble the …
1 month 2 weeks ago
The Tennessee Department of Commerce and Insurance announced promotions to key insurance regulatory, emergency services and management roles. Bryant Cummings, with 23 years at the department, was named director of insurance examinations, TDCI said in a statement. He will lead …
1 month 2 weeks ago
A hospital lab employee who was fired for refusing to be vaccinated against COVID-19 has lost her claim that she suffered discrimination because her employer failed to accommodate her disability under the Americans with Disabilities Act (ADA). The Fourth Circuit …
Andrew G. Simpson
1 month 2 weeks ago
A former California insurance agent was sentenced to 50 months in federal prison for defrauding a lender out of $3.7 million with bogus applications for fine art insurance policies. Tonja Van Roy, 59, of Las Vegas, but who formerly operated …
1 month 2 weeks ago
Insurance agency Lawley, headquartered in Buffalo, New York, named several new professionals across the agency. Anto Almasian is a new surety executive in the Buffalo office. He has expertise in managing a diverse portfolio of clients and an understanding of …
1 month 2 weeks ago
The Washington Office of the Insurance Commissioner reported it recovered more than $100 million for consumers during a two-year period. The Office of the Insurance Commissioner’s Consumer Advocacy Program closed out the biennium from 2023 to 2025 with a reported …
1 month 2 weeks ago
Camp Mystic, the private summer camp that now symbolizes the deadly Central Texas floods, sat on a tract of land known to be at high risk for a devastating flood. Nearly 1.3 million Texas homes are similarly situated in parts …
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1 month 2 weeks ago
Kansas Insurance Commissioner Vicki Schmidt announced her bid to run for Governor of Kansas in 2026. Schmidt, a lifelong Republican, began her career as a pharmacist after graduating from the University of Kansas. She has worked for over 40 years …
1 month 2 weeks ago
Lemonade announced this week the expansion of its car insurance product in Indiana. With this addition, Lemonade Car is now available in states representing approximately 42% of the U.S. car insurance market. Lemonade’s existing customers in the state already account …
1 month 2 weeks ago
This edition of International People Moves details appointments at RiverStone International and MS Reinsurance. A summary of these new hires follows here. RiverStone Taps Enstar’s Brockman as Group CEO, Succeeding Tanzer RiverStone International Holdings, the UK-based acquirer and reinsurer of …
1 month 2 weeks ago
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Service Lloyds Insurance Company, a Stock Company and Service American Indemnity …