Marsh McLennan Agency (MMA) announced the acquisition of Acumen Solutions Group LLC, a Melville, New York-based insurance agency. Founded in 2012, Acumen provides personal insurance and customized commercial insurance programs, with specialties in the construction, real estate, and aviation industries. …
Marsh McLennan Agency Acquires New York’s Acumen Solutions Read More »
The Risk & Insurance Management Society today announced that effective Jan. 1 Kristen Peed will serve as president for 2025 — the organization’s 75th anniversary year. Peed is head of corporate risk at Sequoia, a leading human resources technology platform …
Peed Named RIMS President for 2025 Read More »
South Korean police said on Thursday they had raided Jeju Air and the operator of Muan International Airport as part of their investigation into Sunday’s crash that killed 179 people in the worst aviation disaster on the country’s soil. Jeju …
South Korea Police Search Jeju Air, Airport Operator Over Fatal Plane Crash Read More »
Three firefighters and a dozen passengers were injured in Florida last week when a fire truck with its lights flashing drove around rail crossing arms and into the path of a high-speed passenger train after waiting for another train to …
Investigation After Train Hits Fire Truck in South Florida, Injuring 15 Read More »
(THE CONVERSATION) On Dec. 30, 2021, a wind-driven wildfire raced through two communities just outside Boulder, Colorado. In the span of about eight hours, more than 1,000 homes and businesses burned. The fire left entire blocks in ash, but among …
Investment bank Morgan Stanley said on Thursday it had decided to leave the Net-Zero Banking Alliance, becoming the latest U.S. lender to quit the sector’s top global climate coalition. While the bank gave no reason for its decision, top banks …
Morgan Stanley to Leave Sector Climate Coalition Read More »
A federal judge in Connecticut refused to dismiss a long-running lawsuit accusing the former Nestle Waters North America of defrauding consumers by labeling its Poland Spring bottled water as “spring water.” While rejecting some claims in the proposed class action, …
Judge Allows Lawsuit Claiming Poland Spring Water Is Not From a Spring Read More »
Leaders from a US dockworkers’ union and the group that represents their employers are set to resume contract talks on Jan. 7 as the threat of a strike looms, according to a person familiar with the negotiations. Facing a mid-January …
US Dockworkers, Port Employers Set to Restart Talks Next Week Read More »
Alliant Insurance Services has named Johnny Osborne senior vice president for its Americas division. Based in Huntsville, Alabama, Osborne will open the Alabama market for Alliant, further expanding the company’s reach in the Southeast. Osborne has some 10 years’ experience …
Alliant Moves into Alabama with Osborne as SVP Read More »
Nexus Underwriting, a Brown & Brown group business, announced it has entered into an agreement to acquire Arma Fusion Ltd., the parent company of Arma Underwriting Ltd. Arma is a leading specialty reinsurance MGA based in the Dubai International Financial …
Brown & Brown’s Nexus Agrees to Acquire Reinsurance MGA Arma in Dubai Read More »