Hull and Co Denver

December 12, 2024New York Considers Making Property Insurers Cover Taxi Claims Losses
New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans. That measure is one of several options under discussion as the st …

December 12, 2024People Moves: HDI Global Promotes Schulte as Global Head of Marine; Amwins Global Risks Hires Ewing to Lead Transactional Risk Practice
This edition of International People Moves details appointments at HDI Global and Amwins Global Risks. A summary of these new hires follows here. HDI Global Promotes Schulte as Global Head of Marine HDI Global has promoted Dr. Carsten Schulte as …

December 12, 2024Texas Sues Chemical Manufacturers for Deceptive PFAS Marketing
Texas Attorney General Ken Paxton filed a lawsuit on Dec. 11 against manufacturers 3M and DuPont for misrepresenting the health risks of products made with forever chemicals The lawsuit alleges the companies for decades manufactured, marketed, and so …

December 12, 2024Florida Board Revokes Butt-Lift Doctor’s License, Three Years After Patient Died
Florida’s Board of Medicine has revoked the medical license of a doctor who performed Brazilian butt-lift surgery, three years after his license was restricted after a botched surgery killed a patient. Dr. Christopher Walker, who had operated at a sp …

December 12, 2024Digital Lloyd’s Syndicate Ki to Become Standalone Business Within Fairfax Group
Brit Ltd. and Ki announced that Ki will operate as a standalone company within the Fairfax Group, effective Jan. 1, 2025. Ki was incubated and launched by Brit in 2020 and began writing business on Jan. 1, 2021 with its …

December 12, 2024Federal Court Affirms $14M Penalty Against Exxon for Pollution in Texas
A federal court on Wednesday affirmed a federal judge’s 2021 ruling imposing a $14.25 million penalty on Exxon Mobil for thousands of violations of the federal Clean Air Act at the company’s refinery and chemical plant complex in Baytown. The …

December 12, 2024Aon and EBRD Launch €110M Facility to Provide Cover for War-Related Risks in Ukraine
Insurance broker Aon and the European Bank for Reconstruction and Development (EBRD) have structured a €110 million (US$115.6 million) facility to provide reinsurance capacity for international reinsurers and Ukrainian insurance companies to cover …

December 12, 2024Ryan Companies to Pay $350K Over Sexual Harassment at Iowa Site
The U.S. Department of Labor announced that its Office of the Federal Contract Compliance Programs has entered into a conciliation agreement with Ryan Companies US Inc. to resolve allegations that the federal contractor’s employees faced sexual haras …

December 12, 2024ALKEME Acquires Iowa’s Relion
ALKEME announced the acquisition of Relion Insurance Solutions, one of Iowa’s largest insurance agencies with over 140 years of history serving Iowa and surrounding areas. Relion Insurance Solutions, formed through the merger of two of Iowa’s largest …

December 12, 2024Virginia Approves 12% Loss Cost Decrease for Workers’ Compensation
Virginia has approved a 12.0% loss cost decrease in the workers’ compensation voluntary market along with rate decreases in the assigned risk market, effective April 1, 2025. The State Corporation Commission (SCC) approved the proposed voluntary loss …