Author: completebodyneeds

This edition of International People Moves details appointments at Specialty MGA and United Insurance Brokers (UIB). A summary of these new hires follows here. Specialty MGA Taps Marsh’s Smithson to Head Global Financial Lines and Cyber Division Specialty MGA, a dedicated MGA platform that is part of MNK Group, has appointed Marcus Smithson as head of Financial Lines and Cyber, as it continues to scale its international specialty capabilities. Marcus Smithson Smithson, based out of the firm’s London office, will lead the existing underwriting team to accelerate the development of its global financial lines and cyber portfolio. He will oversee…

Willis, a WTW business, announced the expansion of its international property facility, now able to offer up to US$60 million of follow capacity per placement. The facility’s expanded lead panel of Lloyd’s syndicates is able to quote competitively across a range of primary and excess layers. The automatic follow capacity, which is supported by Willis’ algorithmic digital platform Neuron, has also expanded with new markets. The territories are specifically focused internationally, covering Europe, Asia, Australia, New Zealand, South Africa, Latin America, the Caribbean and Canada, with appetite for risks such as airports, leisure and hospitality, industrial sites, infrastructure, manufacturing, retail,…

CorVel announced that Sarah Scott will be appointed CEO and President, effective July 1, 2026, succeeding Michael G. Combs, who will transition to the role of Executive Chair. Mr. Combs has served as President since 2017 and CEO since 2019, leading the company through significant growth and strategic development. As Executive Chair, Mr. Combs will, among other things, advise and support Ms. Scott during the leadership transition and continue to advance the company’s long-term vision and strategic priorities. Ms. Scott has served CorVel for more than 26 years and currently is the Executive Vice President, Product and Corporate Services. During…

A New York state appellate court has rejected Wayne LaPierre’s appeal of the monetary judgment and injunction levied against him after a state jury in 2024 found that he violated his fiduciary duties in his role as an officer of the National Rifle Association (NRA). One June 2, the Appellate Division, First Judicial Department of the New York State Supreme Court, upheld both a jury order requiring him to repay $4.3 million in damages to the NRA and a court order prohibiting him from holding any fiduciary position as an officer or director of the NRA or any NRA entity…

The US Department of Agriculture confirmed an additional two cases of New World screwworm in Texas, bringing the total number of detections in the US to four and raising concerns that the parasite is spreading in the state. The parasitic fly was detected in a calf in La Salle County and a dog in Andrews County, the agency said in a Monday release. That comes after two cases were confirmed last week in calves in Zavala County in South Texas, marking the first US detection of the fly in over a decade, and the first in cattle in about five…

A North Carolina couple this week was awaiting court action after they were charged with filing claims with two different insurance carriers—State Farm and Homesite Insurance, court records show. Gurjant Singh Gill, 42, and Karmpreet Kaur Gill, 41, of Raleigh, were charged with insurance fraud in May after investigators with the state Department of Insurance found duplicate claims for the same hail damage, according to the DOI and Wake County court documents. In February, the Gills claimed $30,000 damage from wind and hail, including creased shingles and downspout damage, and filed a claim with Homesite, part of the American Family…

Analysts at insurance rating firm AM Best said there are “warning signs” for the directors & offers liability market, leading to shrinking underwriting margins and a tighter environment for buyers in 2026. In a new report, AM Best said 2025 marked the fourth straight year of premium decline in the D&O liability line. Nevertheless, insurers have generated favorable direct underwriting results the last few years while insureds have enjoyed competitive renewal terms and new offerings in a market that has maintained abundant capacity. However, in 2025 premium decreases were lower on average at renewal, with some seeing flat or slightly…

US companies are spending more on LGBTQ causes and Pride Month events this June, a notable turnaround after years of retreat and anti-DEI backlash. Mastercard Inc. is increasing spending, including paying for about 100 employees and executives to march in Pride events this year. American Eagle Outfitters Inc. is among companies boosting contributions to lesbian, gay, bisexual, transgender and queer causes. Levi Strauss & Co., which is donating $100,000 to human rights group Outright International, is paying homage to queer motorcycle clubs with a collection of muscle tees and trucker jackets. Pride events from Milwaukee to Lexington, Kentucky, are also…

Thailand’s consumer watchdog has approved the filing of a civil lawsuit against the local unit of Volvo Cars and its repair and maintenance unit, Scandinavian Auto Co. Ltd, over battery-related fires in its EX30 model, Pradoemchai Bunchualuai, an adviser to the minister who chairs the watchdog, told Reuters by phone on Friday. The legal move comes after a meeting in Bangkok last month between Volvo Cars, the consumer protection board and customers failed to reach an agreement. The Office of the Consumer Protection Board will act as a plaintiff for 550 complaints and will file each suit individually, Pradoemchai said.…

Miami’s mayor is moving to forcibly acquire 10 acres of land on Fisher Island, one of the priciest ZIP codes in the US, from real estate developers who want to replace a maritime fuel facility with swanky new condominiums. The site is home to the Port of Miami’s fuel depot, a vital piece of infrastructure for the bustling cargo and cruise hub. The depot’s previous owners sold the parcel last year for about $180 million to a group of developers including Jorge Perez, widely known as Miami’s “condo king.” The group had planned to remove the depot and replace it…