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KPMG fined by UK regulator over Lloyd’s Syndicate 218 (Equity Red Star) audit
Insurance
The Financial Reporting Council (FRC) has fined KPMG and some of its partners after an investigation found misconduct in relation to the audit of Lloyd’s Syndicate 2018 (Equity Red Star) and actuarial advice given to Equity Syndicate Management (ESML).   30 April 2019
PG&E not liable for Tubbs Fire say Cal Fire investigators
Insurance
Energy supplier Pacific Gas & Electric Co (PG&E), which has been accused of starting several of the wildfires that decimated parts of California last year, has been cleared of causing the Tubbs Fire by the California Department of Forestry and Fire Protection (Cal Fire), which is responsible for determining the origin and cause and of wildfires.   28 January 2019
Thatcher leaves Kingstone, Goldstein returns as CEO with "one immediate goal"
Insurance
Property/casualty insurer Kingstone Companies has announced that its chief executive officer Dale Thatcher is stepping down for personal reasons.   24 July 2019
Insurance
The collaboration has led to the RAC taking a stake in insurtech Wrisk.   19 November 2019
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Co-founder of insurtech company Trov joins as managing director   19 November 2019
Insurance
Hive Aero, a new managing general agency (MGA) specialising in aviation hull war insurance, has appointed Will Gaunt as class underwriter.   3 July 2018
Insurance
‘We're seeing the biggest upward price shift in years.’ - Willis Towers Watson   14 November 2019
Insurance
‘Transaction reflects a trend for trustees to seek guarantees for all of their risks.’   14 November 2019
Insurance
Berkshire Hathaway, Amazon and JPMorgan Chase have unveiled their new non-profit company, called Haven, that it says will soon scale up its operations with the recruitment of a range of talented software, data and clinical experts.   7 March 2019
Insurance
Management and technology consultancy Capco is entering the US insurance market with a new practice that will focus on property and casualty (P&C), life and retirement (L&R), reinsurance, employee benefits and distribution.   7 March 2019

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