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Global Indemnity Group, LLC announced the appointment of a new director to its board effective May 18, 2026. The individual previously served on the board from 2019 to 2021.
rigzone.comGlobal Indemnity Group, LLC announced the appointment of a new director to its board of directors effective May 18, 2026. The company stated that the appointee is the founder and chief executive officer of a Silicon Valley venture capital firm focused on artificial intelligence and personalized medicine diagnostics.
The appointee also serves as the West Coast ambassador for the Nobel Laureate Foundation.
Background The appointee previously served as a director of Global Indemnity Group from 2019 until 2021. Company officials said the new board member brings expertise in digitalization, innovation, risk management, and technology. The chairman of Global Indemnity Group welcomed the appointee back to the board.
Statement "We are delighted to welcome Michele to GBLI's Board of Directors," the chairman said. " The appointee commented that it is an honor to join the board and noted that the company has built a robust platform and reputation within the insurance industry.
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Iran directed Yemen's Houthi movement to stand ready to close the Bab el-Mandeb strait if the United States attacks its power network. The order follows recent U.S. strikes and Iran's closure of the Strait of Hormuz. Shipping routes face added risk.
forbes.comThe average 30-year fixed mortgage rate increased to 6.55 percent this week from 6.49 percent last week, Freddie Mac reported Thursday. The 15-year rate also rose, while the 10-year Treasury yield reached 4.57 percent.
news.sky.comBritain's visible trade balance recorded a deficit of 18.66 billion pounds in May. The overall trade balance deficit also narrowed from the prior month.