Hong Kong Sets Rainfall Record, Hundreds of Flights Delayed or Canceled
Hong Kong set a rainfall record for August after violent storms lashed the city on Tuesday, leading to …
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Florida Judge Blocks State Agency for Citizens Claims Disputes, But Insurer Appeals
A Florida judge temporarily halted Florida’s Citizens Property Insurance Corp. from sending claims disputes to a state arbitration …
United Risk Acquires Verita CSG From WTW; Rebrands as Verist With Chang as CEO
United Risk has acquired specialized property/casualty managing general agent Verita CSG, Inc. from global risk advisor WTW and …
Autopilot Verdict Deals Tesla ‘Black Eye’, Threatens Musk’s Robotaxi Ambitions
A court verdict against Tesla last week, stemming from a fatal 2019 crash of an Autopilot-equipped Model S, …
Berkley Re UK Names Ashley as President, Succeeding Himmer at Year-End; Aon Promotes Laing and Moore in Reinsurance Leadership Team
This edition of International People Moves details appointments at Berkley Re UK and Aon. A summary of these …
Bayer Adds $1.37 Billion to Reserves for Ongoing Roundup Litigation
The German group said that, on a currency-adjusted basis, it now anticipates annual sales of 46 billion euros …
Private Equity Firm J.C. Flowers Acquires Italian Insurance Broker Caleas; UIB International Sells Minority Stake in UIB Insurance Brokers (India)
Private Equity Firm J.C. Flowers Acquires Italian Insurance Broker Caleas J.C. Flowers & Co. (JCF), a private equity …
Air Lease Profit, Revenue Rise on Insurance Payout and Aircraft Demand
Aircraft lessor Air Lease Corp. reported a rise in second-quarter profit and revenue on Monday, due to a …
Hong Kong Sets Rainfall Record as Deluge Disrupts Flights
Hong Kong set a rainfall record for August after violent storms lashed the city on Tuesday, leading to …
Aon Promotes West CCO Yim to Northern California Market Leader
Aon named Shelley Yim Northern California market leader. Yim has more 15 years of experience at Aon, currently …