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People Moves: Benet Named AXA XL Global CUO; Resilience Hires Ho for Lead Underwriting Role
AXA XL has named Libby Benet to the role of global chief underwriting officer (GCUO), succeeding Nancy Bewlay, who recently assumed leadership of AXA XL’s global reinsurance operation. According to AXA XL CEO Scott Gunter, “Given the GCUO’s responsibility for …
POSTED MAY 25, 2022 5:20 PM |
Texas AG Announces $19.2M Multistate Settlement with Ford Motor Company
Texas Attorney General Ken Paxton announced a $19.2 million multistate settlement with Ford Motor Company, with Texas receiving a $1.7 million share of that amount. The settlement between 40 attorneys general and Ford concludes an investigation into the company’s alleged …
POSTED MAY 25, 2022 4:48 PM |
Missouri’s Provaznik joins VIAA
Provaznik Insurance Agency recently joined Valley Insurance Agency Alliance (VIAA), a family of nearly 150 independent insurance agencies in Missouri and Illinois. St. Louis, Missouri-based Provaznik Insurance Agency was founded in 2014 by Scott Provaznik, who has 11 years of …
POSTED MAY 25, 2022 4:40 PM |
Weather Service Confirms 3 Tornadoes Hit Indiana Over Weekend
Three tornadoes, one of which toppled a church steeple at the Indiana National Guard’s Camp Atterbury, hit parts of central and south-central Indiana on Saturday as a wave of severe thunderstorms swept across the state, the National Weather Service said. …
POSTED MAY 25, 2022 4:33 PM |
Verisk Promotes Shavel to CEO, Anquillare to President
Verisk said it appointed Lee M. Shavel to CEO and Mark V. Anquillare to president following the company’s annual shareholder meeting. Shavel was also elected to the Verisk Board of Directors. Three new independent directors, nominated by the company, were …
POSTED MAY 25, 2022 3:47 PM |
FEMA Opens Proposed Hurricane Ida Housing Site Comment Period
A three-day comment period opened Tuesday for a proposed group housing site for Hurricane Ida survivors in one southeast Louisiana parish, the Federal Emergency Management Agency said. Up to 75 families could be housed at the site in the St. …
POSTED MAY 25, 2022 3:42 PM |
Explosion at Indiana Slag Pit; No Injuries Reported
An explosion occurred in a slag pit in northwestern Indiana May 22. The blast at Lafarge North America in East Chicago Sunday afternoon was at a contractor’s facility at a mill that turns slag into cement, the (Northwest Indiana) Times …
POSTED MAY 25, 2022 3:36 PM |
State Farm Drops Support of LBGTQ Awareness Group After ‘Creepy Neighbor’ Campaign
After an uproar from conservative groups, State Farm Insurance has dropped its support of a group that said it was battling misinformed opinions on transgender youth. “We support organizations that provide resources for parents to have conversations about gender and …
POSTED MAY 25, 2022 3:32 PM |
SEC to Unveil Rule to Crackdown on Funds ESG ‘Greenwashing’
The U.S. Securities and Exchange Commission (SEC) on Wednesday will propose rule changes aimed at stamping out unfounded claims by funds on their environmental, social and corporate governance (ESG) credentials, and enforcing more standardization of such disclosures. The proposal will …
POSTED MAY 25, 2022 3:26 PM |
Hilb Group Adds to Commercial Lines, Surety Business in Tri-State Region
The Hilb Group said it has acquired a book of commercial property/casualty insurance and surety bond business in its tri-state region of operations. The company said that the seller, Scott Kuzmic, a commercial property/casualty and surety producer, will join Hilb. …
POSTED MAY 25, 2022 3:18 PM |
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