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News – Insurance Journal
People Moves: Fidelis Names Mathias as Director of Underwriting, Murfet as CRO; OneGlobal Hires BMS’ Bowring for Energy Casualty, Bermuda
This edition of International People Moves covers two promotions at the insurer Fidelis and a new hire at broker OneGlobal in Bermuda. A summary of these appointments follows here. Fidelis, the Bermuda-based insurer, has appointed Charles Mathias to the newly …
POSTED AUGUST 05, 2021 11:19 AM |
Kaseya Ransomware Attack Triggers Race to Hack Other Managed Services Providers
A ransomware attack in July that paralyzed as many as 1,500 organizations by compromising tech-management software from a company called Kaseya has set off a race among criminals looking for similar vulnerabilities, cyber security experts said. An affiliate of a …
POSTED AUGUST 05, 2021 11:14 AM |
Georgia Fire to 81-Year-Old Property Ruled Arson
Georgia Insurance and Safety Fire Commissioner John F. King announced that a Putnam County fire was intentionally set and has been ruled an act of Arson. The fire occurred on Grand Avenue at approximately 3:19 A.M. on July 31st. The …
POSTED AUGUST 05, 2021 10:00 AM |
Naspers Invests in Online Insurer Naked as Part of South African Investment Push
Naspers Ltd. is backing online insurance company Naked as part of a commitment to invest almost $100 million in tech startups in its home market of South Africa. The 120 million-rand ($8.4 million) stake makes Naspers the largest investor in …
POSTED AUGUST 05, 2021 8:40 AM |
London Is Struggling to Lure Back Workers, Says CEO of Legal & General
The head of one of the UK’s largest insurers and investors warned that the City of London is struggling far more than the country’s other office districts in luring workers back to their desks. Since lockdown restrictions were eased, other …
POSTED AUGUST 05, 2021 8:29 AM |
Georgia Sheriff Faces Additional Charge of Violating Civil Rights at Clayton County Jail
An Atlanta-area sheriff is facing an additional charge in a federal prosecution accusing him of violating the civil rights of people in his agency’s custody by ordering that they be strapped into a restraint chair without justification and as punishment. …
POSTED AUGUST 05, 2021 8:00 AM |
Two Louisiana Parishes May Be Eligible for Federal Aid From Tropical Storm Damage
Farmers in two south Louisiana parishes who lost property during extreme weather in April through June may be eligible for federal aid, Louisiana Agriculture and Forestry Commissioner Mike Strain said Tuesday. Physical-loss loans are available for farmers in St. Tammany …
POSTED AUGUST 05, 2021 7:40 AM |
While Aon and Willis Were Focused on Merger, Marsh Attracted Producer Talent
While Aon and Willis Towers Watson were trying for many months to land their merger, their competitors were able lure away some of their producer talent – capitalizing on the “distraction and uncertainty” that existed for both brokers. Aon’s proposed …
POSTED AUGUST 05, 2021 6:42 AM |
Judge Says LinkedIn Must Face Lawsuit Claiming It Overcharged Advertisers
A U.S. judge said Microsoft Corp.’s LinkedIn must face a lawsuit claiming it inflated the number of people who watched video ads on the networking platform, allowing it to overcharge hundreds of thousands of advertisers. U.S. Magistrate Judge Susan van …
POSTED AUGUST 05, 2021 5:00 AM |
Atlantic Hurricane Forecast Still Calls for an Above-Average Season
Conditions remain in line for the current Atlantic hurricane season to be an above-average one, according to the mid-season update by NOAA’s Climate Prediction Center. NOAA says there is a 65% likelihood that the season will be above average. There …
POSTED AUGUST 05, 2021 1:07 AM |
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