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People Moves: Hull & Company-Texas Promotes Wilkins, Hires Gambino to Underwriter/Broker Roles
Hull & Company-Texas, headquartered in Dallas, Texas, promoted Brandt Wilkins to underwriter/broker. Wilkins has an extensive background in the commercial wholesale business. He has been with Hull Texas for the last three years managing a book with emphasis in the …
POSTED JULY 08, 2025 4:52 PM |
People Moves: Leadership Transition at WorldTrips as Hsia Appointed CEO; Carney Assumes Role of Chairman
Tokio Marine HCC, based in Houston, Texas, announced a key leadership transition at its travel-focused subsidiary, WorldTrips, a leading provider of travel insurance located in Carmel, Indiana. Mark Carney will transition from his role as CEO of WorldTrips to become …
POSTED JULY 08, 2025 4:51 PM |
Reliance Global Completes Sale of Ohio’s Fortman Insurance Services
Reliance Global Group announced it has completed an asset sale of Ottawa, Ohio-based Fortman Insurance Services, wholly owned subsidiary, for $5 million in cash. The transaction marks the successful execution of a strategic initiative to monetize a non-core asset and …
POSTED JULY 08, 2025 4:45 PM |
People Moves: WTW Hires Kharkavets as North America Head of ICT Claims
WTW, with U.S. headquarters in Arlington, Virginia, appointed Alena Kharkavets as North American head of claims in its insurance consulting and technology (ICT) business. Kharkavets comes to WTW from Intact Financial Corporation, where she held progressively senior roles and spent …
POSTED JULY 08, 2025 4:20 PM |
Intense Downpours are More Frequent, But Flooding Severity Remains Hard to Predict
It’s not just Texas and North Carolina. Intense rain is falling more frequently in many areas of the U.S. — though where it occurs and whether it causes catastrophic flooding is largely a matter of chance, according to experts. More …
POSTED JULY 08, 2025 3:40 PM |
Car Manufacturer Sued for Refusing to Allow Jewish Employee to Observe the Sabbath
FCA US, LLC, an international automobile manufacturer of Chrysler, Dodge, Jeep, Ram and Fiat car brands, violated federal law by refusing to accommodate an employee’s request to observe the Sabbath and take unpaid leave for Passover, the U.S. Equal Employment …
POSTED JULY 08, 2025 3:29 PM |
White Mountains Buys Majority Ownership of Distinguished Programs for $230M
White Mountains Insurance Group on Monday said it has a deal in place to acquire about 50% of Distinguished Programs for $230 million. With the buy of the outstanding equity shares, White Mountains will own 51% of Distinguished, an independent …
POSTED JULY 08, 2025 3:25 PM |
SEC, SolarWinds Reach Settlement to End Lawsuit Related to 2020 Breach
The U.S. Securities and Exchange Commission and software company SolarWinds Corp. have reached a settlement, ending a federal lawsuit that alleged investor fraud and known cybersecurity vulnerabilities. Early this month the SEC and SolarWinds jointly filed to stay the case, …
POSTED JULY 08, 2025 2:37 PM |
Chantal Flooding Forces Dozens to Flee Homes in North Carolina
CHAPEL HILL, N.C. (AP) — Floodwaters from the remnants of Tropical Storm Chantal swept a woman in her car from a rural road and forced dozens of people to flee their homes, officials in North Carolina said Monday. Parts of …
POSTED JULY 08, 2025 2:04 PM |
Containment Increases on California Wildfire That Forced Evacuations
Firefighters are making progress on the biggest wildfire in California this year. Containment has increased on the Madre Fire to 35%. The wildfire on the central coast of California has burned 80,603 acres, prompting evacuation orders and closing part of …
POSTED JULY 08, 2025 1:54 PM |
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