Michael Pieciak, the commissioner of the Vermont Department of Financial Regulation, has filed a suit against Global Century Insurance Brokers (GCIB) and Quantibridge Capital, as well as individuals Jasbir Thandi and Jaspreet Singh Padda, for allegedly participating in a scheme to defraud Global Hawk Insurance Company Risk Retention Group.
Guy Carpenter & Company has launched a new marine and energy mutual, agency and captive reinsurance solutions practice and appointed Demian Smith as managing director to lead it.
Chubb has enhanced its Chubb Cyber Index with new capabilities to help organisations analyse and manage their cyber exposures.
The US Court of Appeals for the Ninth Circuit has denied a petition to rehear the case Shivkov versus Artex.
Risk Strategies has acquired LaRocca & Associates, a specialty brokerage with expertise in health and welfare benefits across several industries.
Kensington Management Group has named Erin Brosnihan as its president, following the retirement of Michael Gibbs at the end of 2020.
Hylant has hired Theresa Carpenter and Amit Hapani to work in its global captive solutions practice.
NFP, an insurance broker and consultant for employee benefits, property and casualty (P&C), retirement and individual coverage, has appointed Tracy Stopford and Kara Tencellent to the P&C specialty team as managing directors.
The Guernsey Financial Services Commission (GFSC) is considering introducing a lower risk weighting for green investments held by life insurers on the island.
Crum & Forster (C&F) Accident & Health has appointed Nicole Bennett as chief executive officer of Pethealth, which it is currently in the process of acquiring in a deal that is expected to close by the end of Q4 2020.