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UK Sanctions Russia’s Lukoil and Rosneft, Targets Shadow Fleet
Britain targeted Russia’s two largest oil companies, Lukoil and Rosneft, and 51 shadow fleet tankers on Wednesday in what it described as a new bid to tighten energy sanctions and choke off Kremlin revenues. Lukoil and Rosneft were designated under …
POSTED OCTOBER 15, 2025 4:38 PM |
People Moves: The Mutual Group Names Troy as CEO
The Mutual Group, LLC announced Tom Troy as Chief Executive Officer, effective January 5, 2026. Troy has over 30 years of experience at several major insurance carriers, including senior leadership roles at some of the largest and most well respected …
POSTED OCTOBER 15, 2025 4:34 PM |
Credit Suisse Bondholders Given Fresh Hope by Swiss Court Ruling
A Swiss court has given fresh hope to Credit Suisse bondholders who sought damages after their investments were wiped out when UBS Group AG rescued the bank in a government-brokered deal over two years ago. The complainants, some 3,000 investors, …
POSTED OCTOBER 15, 2025 4:19 PM |
People Moves: Miller Taps Menn From Intact/RSA as Head of France; Aon UK Promotes Beverely as Chief Broking Officer, Gleeson as Head of Products
This edition of International People Moves details appointments at the re/insurance brokers Miller and Aon in the UK. A summary of these new hires follows here. Miller Taps Menn From Intact/RSA as Head of France Miller, the London-based independent specialist …
POSTED OCTOBER 15, 2025 4:05 PM |
Texas Ag Commissioner at Odds with USDA Over Screwworm Control Methods
USDA slaps down Texas Agriculture Commissioner Sid Miller over New World Screwworm Kate McGee and Berenice Garcia, The Texas Tribune October 14, 2025 Texas Agriculture Commissioner Sid Miller is trading barbs with the Trump Administration over its response to a …
POSTED OCTOBER 15, 2025 3:59 PM |
Stellantis to Invest $13B in the US, Focused on Midwest Plants
Stellantis STLAM.MI announced a $13 billion investment in the U.S. on Tuesday, a move it said will bring five new models to the market and add 5,000 jobs in plants across the Midwest over the next four years. The plan, …
POSTED OCTOBER 15, 2025 3:54 PM |
Specialist Risk Group Acquires Wholesale Team From Lockton
Specialist Risk Group (SRG), the London-based insurance intermediary, announced it has acquired a new wholesale team from Lockton. SRG said the move further strengthens SRG’s London market capability and expands its specialist proposition across its existing subsidiaries Miles Smith, CBC …
POSTED OCTOBER 15, 2025 3:38 PM |
Alliant Expands Transportation Risk and Cross-Border Expertise in Texas
Alliant Insurance Services acquired Texas Insurance Agency in Laredo, one of the U.S.’s busiest international trade ports, specializing in cross-border trucking risk and insurance; as well as McAfee Insurance Agency in Mabank, a leading insurance service provider in East Texas. …
POSTED OCTOBER 15, 2025 3:30 PM |
UK Is Making It Easier to Assess Public Flood-Defense Funding
The UK is making it easier for flood defense projects to access public funds as climate change increases the risk to homes. On Tuesday, the government announced changes to the way that funds are allocated to protect homes from river, …
POSTED OCTOBER 15, 2025 3:23 PM |
North Carolina Plan Wipes Out $6.5B in Medical Debt for 2.5M People
More than 2.5 million North Carolina residents are getting over $6.5 billion in medical debt eliminated through a state government effort that offered hospitals extra Medicaid funds from Washington if they gave low- and middle-income patients the financial relief and …
POSTED OCTOBER 15, 2025 3:15 PM |
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