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People Moves: O’Connell to Lead Aon’s Reinsurance Global Cyber Strategy; Flude New CEO of Lancashire Insurance US; Hippo Names Collins CMO
Aon Names O’Connell as Global Cyber Strategy and Growth Leader Aon plc named Robert O’Connell as global cyber strategy and growth leader, executive managing director, within its Reinsurance Solutions business. O’Connell will be based in New York. Previously, O’Connell served …
POSTED DECEMBER 05, 2024 6:14 AM |
Target Must Face Shareholder Lawsuit Over Pride Backlash, Judge Rules
Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride Month sparked a backlash and a customer boycott. U.S. District Judge John …
POSTED DECEMBER 05, 2024 6:02 AM |
Trump Picks Atkins, Ex-SEC Commissioner, to Succeed Gensler
Paul Atkins is President-elect Donald Trump’s choice to lead the US Securities and Exchange Commission, suggesting four years of relaxed policy and enforcement for crypto firms to hedge funds. Trump selected Atkins to replace outgoing Chair Gary Gensler, whose ambitious …
POSTED DECEMBER 05, 2024 6:01 AM |
How Vermont Community Helped One Family Recover After Floods Took Everything
The last thing John and Jenny Mackenzie saw as they fled their Vermont home with their daughters, dog and two guinea pigs last summer was their cars upended and propelled away by rushing flood waters. Minutes earlier they had abandoned …
POSTED DECEMBER 05, 2024 6:00 AM |
Claim Frequency in California Workers’ Comp Higher in L.A. Area, Study Shows
Claim frequency in California workers’ compensation remains significantly higher in the Los Angeles Basin than in the northern part of the state, a new study shows. The Workers’ Compensation Insurance Rating Bureau of California released its WCIRB Geo Study 2024, …
POSTED DECEMBER 05, 2024 6:00 AM |
Arizona DOI Forms Council to Address Availability and Affordability in Wildland
Arizona Department of Insurance Director Barbara D. Richardson has created a Resiliency and Mitigation Council that plans to examine the availability and affordability of homeowners insurance in forested and wildland-urban interface (WUI) areas of Arizona. Based on the work of …
POSTED DECEMBER 05, 2024 6:00 AM |
Californians Pay Billions for Power Companies’ Wildfire Prevention Efforts. Are They Cost-Effective?
Diane Moss lost her home in the Santa Monica Mountains after power lines ignited the apocalyptic Woolsey Fire in 2018. Since then, she’s pressed for a safer electric grid in California. “It’s so easy to forget the risk that we …
POSTED DECEMBER 05, 2024 6:00 AM |
Slain UnitedHealth Executive Puts New Focus on CEO Safety Policy
The UnitedHealth Group Inc. executive who was fatally shot in New York on Wednesday morning had no personal security detail, a circumstance that could prompt swift changes inside corporate boardrooms, especially as the global political environment grows more unstable. Brian …
POSTED DECEMBER 04, 2024 8:20 PM |
Insurance Broker Verlingue Acquires Switzerland’s ProConseils Solutions
Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the deal were not disclosed. Verlingue said this …
POSTED DECEMBER 04, 2024 6:01 PM |
Texas-Based Upland Expands Into Product Recall
Upland Capital Group announced it is expanding into a new market with the introduction of a Product Recall product to its portfolio. The new product focuses on product defect coverage for component parts and consumer goods as well as food …
POSTED DECEMBER 04, 2024 5:45 PM |
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