A Baltimore County jury has found Michael C. Okolo, of Parkville, Maryland, guilty of two counts of insurance fraud and one count of obstruction of justice. According to Maryland Attorney General Anthony G. Brown Okolo was found to have twice …
Jury Finds Agent Guilty of Twice Misappropriating Client’s Insurance Funds Read More »
Less than a year after President Donald Trump banned new wind projects, a federal judge ruled the president’s executive order was illegal. US District Judge Patti Saris said Monday the order is “arbitrary and capricious and contrary to law,” siding …
Trump Ban on Wind Energy Projects Ruled Illegal by Federal Judge Read More »
This edition of International People Moves details appointments at Chubb and QBE. A summary of these new hires follows here. Chubb Promotes Shead to Head of Property, Overseas General Insurance Chubb announced that Aaron Shead has been appointed to executive …
Four surety companies—Chubb, The Hartford, Liberty Mutual and Travelers—announced the launch of a technology company that will feature a shared digital infrastructure to advance the surety industry. According to a brief media statement, the formation of SuretyBind, LLC, will initially …
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Launch Read More »
A Louisiana anti-fraud law will serve as the new national model for fighting insurance fraud. The National Council of Insurance Legislators (NCOIL) has adopted Louisiana‘s amended insurance fraud law as its new national benchmark, the Louisiana Department of Insurance said. …
National Council of Insurance Legislators Adopts Louisiana Anti-Fraud Law as New Model Read More »
The owner of a historic Minnesota resort has been charged with arson and insurance fraud more than a year after a fire destroyed the property. Bryce Campbell, 41, of Two Harbors, Minn., was taken into custody last Wednesday in Southfield, …
Historic Minnesota Resort Owner Charged with Arson and Insurance Fraud Read More »
WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage, announced its expansion into Illinois with the acquisition of Benhoff Insurance Agency, well-established personal lines brokerage based in Breese, Illinois. Benhoff Insurance Agency, led by longtime owner Bruce Benhoff, has served …
WalkerHughes Acquires Illinois’ Benhoff Insurance Agency Read More »
Aviva Plc has kicked off the search for a partner to help fund a planned new skyscraper in the heart of the City of London’s insurance district, as it aims to tempt investors willing to make a bold bet that …
Aviva Seeks Partner for New City of London Skyscraper Project Read More »
Behind the scenes activity in the US IPO market is reaching a fever pitch, according to dealmakers, as companies lured by stock markets near record highs prepare to go public. The industry has been busy lining up underwriting mandates from …
Bankers Readying US IPOs at ‘Overwhelming’ Pace Ahead of 2026 Read More »
The European Union reached a deal on Tuesday to scale back its corporate sustainability laws, after months of pressure from companies and governments including the United States and Qatar. The changes agreed by EU governments and the European Parliament would …
EU Strikes Deal to Weaken Corporate Sustainability Laws Read More »
