Saturn has surrendered its insurance licence to the Vermont regulator and settled all of its insurance liabilities, leaving AM Best unable to produce a final rating opinion.
Zurich appoints John Diaz as president of US middle market, programmes, direct markets and captives, effective immediately.
Zurich selects Alex Wells as chief executive officer of Zurich US, subject to customary approvals. He leads the business effective immediately.
Research by LegalClaimsAI and the NYU Furman Center found claims per 100,000 units rose 69.6 per cent between 2021 and 2024. Heavily rent-stabilised buildings recorded the highest rate, at 289 per 100,000 units.
Marsh appoints Christos Adamantiadis as president and global head of placement and market solutions at Marsh Risk, effective 1 November.
Real Property Captive (RPC) prepares to launch a group captive insurance programme for middle-market commercial real estate owners, with 13 committed members representing roughly US$6 billion in total insured value.
Ryan Specialty appoints Dave Przesiek as president and chief executive officer of Ryan Specialty Benefits, its benefits division, effective immediately.
ClearPoint Health appoints Sasha Davis as senior vice president of health plan strategy and design.
