Axon Underwriting Services LLC, the Somerville, N.J. based specialty lines program administrator, announced the formation of Axon Re to offer its cargo and stock throughput reinsurance program within the Latin American region. Axon Re will provide facultative and treaty reinsurance …

Marsh and Guy Carpenter, both wholly owned subsidiaries of Marsh & McLennan Cos. (MMC), announced that, subject to regulatory approvals, they would combine their Latin American facultative reinsurance operations with those of Jardine Lloyd Thompson Group (JLT), which was acquired …

The U.S. National Highway Traffic Safety Administration is investigating a possible deadly flaw in some 12.3 million vehicles that could prevent air bags from deploying in a crash. The agency is examining air-bag control units supplied by parts maker ZF-TRW …

Harvey Weinstein’s former companies and their officers and directors were dismissed from a federal lawsuit filed by 10 women, who claim the firms and executives aided the alleged sexual misconduct that led to the movie mogul’s ouster. The women — …

Portland, Ore. police say a man driving a stolen pickup truck 100 mph crashed into a sport-utility vehicle, killing an Uber passenger. Police believe the pickup truck driver was under the influence of intoxicants when he collided head-on with the …

Brown & Riding’s environmental practice group has added Tricia Katz to its team of environmental-focused insurance brokers. Katz works out of Denver, Colo. She specializes in assisting contracting risks with the placement of environmental products as well as stand-alone contractors …