The U.S. Justice Department filed a friend-of-the-court brief on Tuesday in a lawsuit brought against Wells Fargo & Co. by two former employees, who were fired after they reported misdemeanors they had noticed to their supervisors. The DOJ’s filing concluded …
Allianz SE is exploring a plan to take Euler Hermes Group private, buying the shares it doesn’t already own in the French trade-credit insurer, according to people familiar with the matter. Euler Hermes stock gained the most in more than …
South Africa’s property and casualty insurers face an even tougher year than expected after Cape Town experienced its worst storm in 30 years and dozens of fires engulfed the region around the town of Knysna this week. The insurers, including …
Ironshore International has appointed William Lewis as managing director of Ironshore Australia Pty Ltd. (IAPL) to be based in the Sydney office. Lewis, a private equity attorney, is a specialist in private equity transactions, tax structuring and insurance, advising private …
Markel Corp., in a bid to boost innovation and competitiveness, combined its Wholesale and Global arms into one entity to be known as Markel Assurance. Wholesale consists of excess and surplus lines and Global Insurance handles complex, risk managed accounts. …
Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Brady Insurance Planning (Brady). Terms of the acquisition were not disclosed. Based in East Norwich, N.Y., Brady is an employee benefits advisor. Matthew Brady, the principal, will …
The Hartford is working to educate college students about opportunities in the insurance industry while helping to make the transition from college to an insurance career an easier one. This initiative comes through its recent partnership with the Connecticut Department …
Crystal & Company, a New York-headquartered strategic risk and insurance advisor, has hired Mary Cooke as director for its Employee Benefits Services unit. In her new role, Cooke works out of the firm’s national headquarters in New York City, where …
Property/casualty insurance broker, Keystone Insurers Group (Keystone), has appointed Mark Maurer as its state vice president in Michigan. Maurer recently was vice president at Arlington/Roe. While there he established an office in Grand Rapids and created and coached a team …
A federal judge in Chicago has dismissed a wrongful death lawsuit filed by former NHL player Derek Boogard’s parents, who blamed the league for their son’s brain damage and addiction to prescription painkillers. Boogard, a feared enforcer during six seasons …
