People Moves: TMK Taps Beresford From CNA Hardy as Life Sciences U/W; Hampden Risk Partners Promotes D’Alessandro as Active U/W, Replacing Sharp
This edition of International People Moves details appointments at Tokio Marine Kiln and Hampden Risk Partners. A summary of these new hires follows here. Tokio Marine Kiln Taps Beresford From CNA Hardy as Life Sciences U/W Tokio Marine Kiln (TMK), …
POSTED NOVEMBER 21, 2025 5:47 PM |
Strengthen Oklahoma Homes Program to Expand Statewide by 2026
The Oklahoma Insurance Department (OID) recently announced the reopening of previously designated zip codes for the pilot launch of the Strengthen Oklahoma Homes (SOH) Program, an initiative aimed at helping Oklahoma homeowners fortify their residences to resist storm, wind, and …
POSTED NOVEMBER 21, 2025 5:20 PM |
Tokio Marine Holdings to Acquire Illinois-Based Commodity & Ingredient Hedging
Tokio Marine Holdings, Inc. announced that it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (“CIH”), a leading provider of risk management solutions for the agricultural and commodity sectors, from Falfurrias Capital Partners (“Falfurrias”). The transaction is …
POSTED NOVEMBER 21, 2025 4:58 PM |
Sea Level Rise Threatens Thousands of US Hazardous Sites, Study Finds
If heat-trapping pollution from burning coal, oil and gas continues unchecked, thousands of hazardous sites across the United States risk being flooded from sea level rise by the turn of the century, posing serious health risks to nearby communities, according …
POSTED NOVEMBER 21, 2025 4:35 PM |
White House Plan Targets Florida, West for Coastal Oil Drilling
The Trump administration is proposing to open new areas off of California, Florida and Alaska to crude drilling as part of a draft blueprint released Thursday that would dramatically expand the sale of oil and natural gas rights. In all, …
POSTED NOVEMBER 21, 2025 3:29 PM |
UPS Plane That Crashed Had ‘Fatigue Cracks’ in Engine Mount, Preliminary Report Finds
The United Parcel Service Inc. freighter that crashed this month when the left engine detached just after takeoff showed fatigue cracks in several sections that secured the turbine, a preliminary report into the accident that killed 14 people revealed. National …
POSTED NOVEMBER 21, 2025 2:59 PM |
People: Alliant Adds Simokonis to Florida Team, Sunstar Names Romero CAO
Alliant Insurance Services, headquartered in Irvine, California, hired Tim Simokonis as senior vice president within its Employee Benefits Group in the Southeast. The Florida-based consultant will serve a national client base, focusing on self-funded health plans, data transparency, and fiduciary …
POSTED NOVEMBER 21, 2025 2:46 PM |
Trump Inflames California Over Oil Drilling Plan for Pacific Coast
President Donald Trump’s administration on Thursday unveiled a plan for a dramatic expansion of oil and gas drilling rights auctions in U.S. waters, including in California, where state officials strongly oppose energy development along its world-famous coastline. The Interior Department …
POSTED NOVEMBER 21, 2025 2:17 PM |
Vietnam Flood Deaths Climb as Heavy Rain Drenches Coffee Region
The death toll in Vietnam from days of severe flooding has climbed to 43 as heavy rain drenches coffee-producing regions in the central highlands and waters remain high in some tourism areas. Around 61,000 people have been evacuated and half …
POSTED NOVEMBER 21, 2025 12:02 PM |
Silent Cyber Threats: How ‘Shadow AI’ Could Undermine Digital Health Defenses
Across Canada, doctors and nurses are quietly using public artificial-intelligence (AI) tools like ChatGPT, Claude, Copilot and Gemini to write clinical notes, translate discharge summaries or summarize patient data. But even though these services offer speed and convenience, they also …
POSTED NOVEMBER 21, 2025 11:23 AM |
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance
American International Group Inc.’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what caused the veteran executive to lose a $17 million job before he’d even started. …
POSTED NOVEMBER 21, 2025 9:24 AM |
Viewpoint: Sins of Policy Interpretation. A Call to Repentance
Written words have an intended meaning. Fair-minded readers try to grasp that meaning. But other readers impute motives to the writer either to serve their own ends or to protect the writer from unforeseen consequences. Once, early in my career, …
POSTED NOVEMBER 21, 2025 7:02 AM |
Ohio’s FirstEnergy Ordered to Pay More Than $250M for Bribery Scheme
Ohio utility regulators ordered Akron-based FirstEnergy on Wednesday to pay more than $250 million in fines and refunds as a result of its misconduct in a sweeping Statehouse bribery scandal whose fallout continues five years on. The punishment meted out …
POSTED NOVEMBER 21, 2025 7:00 AM |
P/C Insurer Rankings Down Overall on Higher Costs, Changing Customer Expectations
Rising costs and changing customer expectations are driving satisfaction in the insurance and mortgage industry, according to an American Customer Satisfaction Index study. Among the four industries studied — health insurance, life insurance, property and casualty insurance (P/C), and mortgage …
POSTED NOVEMBER 21, 2025 6:37 AM |
Federal Judge Denies TRO to Marsh in Case Against Former Employees
A federal judge has denied a temporary restraining order against seven former employees of Marsh sued in one of several lawsuits against defectors to join Howden US. Marsh USA early this month filed a lawsuit against the group of former …
POSTED NOVEMBER 21, 2025 6:19 AM |
Europe to Launch Service to Measure Role of Climate Change in Extreme Weather
The EU is launching a service to measure the role climate change is playing in extreme weather events like heatwaves and extreme rain, and experts say this could help governments set climate policy, improve financial risk assessments and provide evidence …
POSTED NOVEMBER 21, 2025 6:10 AM |
SEC’s Epic Post-Shutdown Filing Backlog Risks Stalling US IPOs
Rank-and-file US Securities and Exchange Commission workers have returned to face the paperwork that piled up during the longest government shutdown in US history, and supervisors say the order of the day is “triage.” Deal first with the tasks still …
POSTED NOVEMBER 21, 2025 6:04 AM |
Florida Reforms Are Paying Off for Drivers. Don’t Mess it up With Repeal of PIP
For years, I’ve warned that Florida’s legal climate was out of control — driven not by consumers or local businesses, but by a handful of billboard trial lawyers who made fortunes exploiting loopholes in our laws. Their tactics fueled one …
POSTED NOVEMBER 21, 2025 6:02 AM |
California Refinery Closures Spark Pipeline Race to West Coast
A race is on among energy companies to build a major fuel pipeline to the U.S. West Coast, a potentially lucrative prize as the planned closure of two California refineries threatens to send gasoline prices in the isolated market soaring. …
POSTED NOVEMBER 21, 2025 6:00 AM |
Jury Orders Massachusetts State Police to Pay $6.8M Over Discrimination Claims
A jury has ordered the Massachusetts State Police to pay $6.8 million after a finding that it discriminated against female and minority troopers. The verdict confirmed Tuesday by a Suffolk Superior Court clerk came in a lawsuit accusing the agency’s …
POSTED NOVEMBER 21, 2025 6:00 AM |
People Moves: XPT Specialty Adds Ornce to Workers’ Comp Division
XPT Specialty, headquartered in New Haven, Connecticut, appointed Chris Ornce as a senior vice president in its workers’ compensation division. With over 15 years in the industry, Ornce has a reputation for building and growing agency distribution channels. Most recently, …
POSTED NOVEMBER 21, 2025 6:00 AM |
The Hartford CEO Takes Lead in Shaping the City of Hartford’s Future
The Hartford Chairman and CEO Christopher Swift has convened a group of corporate and community leaders in greater Hartford to develop a unifying vision for the city. According to the announcement from the namesake insurer based in the city, the …
POSTED NOVEMBER 21, 2025 6:00 AM |
World Insurance Acquires Van Syckel Insurance of New Jersey
World Insurance Associates announced that it acquired the business of Van Syckel Insurance of Bound Brook, New Jersey on August 1, 2025. Terms of the transaction were not disclosed. Van Syckel Insurance, which was started in 1865, is managed by …
POSTED NOVEMBER 21, 2025 6:00 AM |
People Moves: Skyward Specialty Promotes Burkhart to President, U.S. Property & Casualty
Skyward Specialty Insurance Group Inc., headquartered in Houston, Texas, promoted John Burkhart to president, U.S. property & casualty, Skyward Specialty Insurance. In this expanded role, Burkhart will assume oversight of the Company’s captives & specialty programs divisions in addition to …
POSTED NOVEMBER 21, 2025 5:15 AM |
People Moves: Encova Insurance Adds Palumbo to Board of Directors
Encova Insurance, headquartered in Columbus, Ohio, named Corey Palumbo to their board of directors. Palumbo is an attorney with Bowles Rice in Charleston, West Virginia, where his primary practice areas include energy litigation, deliberate intent and general civil litigation. Palumbo …
POSTED NOVEMBER 21, 2025 5:13 AM |