Trump won't force Medicaid to cover GLP-1s for obesity. A few states are.
Late last year, South Carolina Medicaid approved GLP-1s to treat obesity, placing it among the few state programs covering the drugs. But access remains limited.
Day: May 20, 2025
MarshBerry expands European footprint with expansion in DACH region
MarshBerry, a global M&A and investment advisor for insurance brokers, Managing General Agents (MGAs) and wealth management firms, continues its European growth strategy with the establishment of a presence in Germany, Austria, and Switzerland (the DACH region). This strategic move sees the appointments of Dr. Fabian Seul (Managing Director), David Kuprasch-Sras (Partner), and Fabian Troeppner […]
Chess grandmaster Magnus Carlsen forced into draw against “the world”
“Magnus Carlsen vs. The World” online chess game ends in a draw, with the grandmaster lauding his 143,000 opponents’ “very, very sound chess.”
Sompo International’s FY’24 GWP expand as CoR improves to 96.3%
Sompo International has reported an adjusted profit of $1.38 billion for the 2024 financial year (FY2024), an increase of $230 million year-over-year, driven by robust top-line growth, reduced adverse prior-year development, and higher net investment income. Meanwhile, the firm reported gross written premiums (GWP) of $16.53 billion for FY2024, up from $15.62 billion in FY2023. […]
HDI Global appoints Phil McDowell as Global Sales & Distribution Lead
Commercial and specialty lines insurer HDI Global has announced the appointment of Phil McDowell as Global Sales & Distribution Lead for International Programmes and Captives. Based in London, McDowell will work within the global International Programmes (IP) department, focusing on strengthening relationships with global and international brokers. His priorities include enhancing HDI Global’s IP and […]
Gaffigan becomes Lockton’s U.S. Market Strategy and Engagement Group Leader
Vincent J. Gaffigan has been appointed U.S. Market Strategy and Engagement Group Leader at Lockton, reporting to Devin Beresheim, Lockton U.S. Risk Solutions Leader. Gaffigan will leverage his 35 years in the industry to strengthen the company’s deep relationships with its trading partners while advancing the use of market intelligence and analytics to deliver tailored […]
Train kills elephant in Sri Lanka's latest wildlife-railway accident
A Sri Lankan express train has fatally struck an elephant despite new safety measures introduced after the same train killed 7 elephants in a previous crash.
Hamilton adds David Priebe and Karen Green to Board
Bermuda-domiciled insurer and reinsurer Hamilton Insurance Group has appointed David Priebe and Karen Green to its Board of Directors, effective May 15th, 2025. Simultaneously, long-standing Director, Bill Freda, who has served on the Board since June 2014, has chosen to retire, also effective May 15th, 2025. He held the position of Chair from August 2017 […]
Indiana man put to death for murder of police officer in 2000
An Indiana man convicted in the 2000 fatal shooting of a police officer is set to receive a lethal injection this week in the state’s second execution in 15 years.
P&C sector steady but valuation becoming less attractive: Morgan Stanley
The broader property and casualty (P&C) insurance trend is expected to remain steady through 2025, with personal lines and brokers likely leading on the earnings growth front, however, sector valuations are becoming less attractive as earnings become increasingly bifurcated, according to analysts at Morgan Stanley. While the P&C sector has held up better than expected […]