The Co-operators General Insurance Co. in Montreal has purchased Assurance Auclair located in Quebec City. The brokerage’s portfolio includes personal and commercial insurance policies. “We have seen steady growth in Quebec during the past seven years, and this is another …
Global reinsurance and specialty insurance broker Ed has named Ian Wicks as chairman of non-marine reinsurance. Wicks brings 40 years of experience in the insurance industry to Ed. He joins from Willis Re, where he served as an executive director …
A record year for catastrophic disasters, from the Fort McMurray fire to floods in Quebec, have put Canadian home insurers to the test in 2017. According to the J.D. Power 2017 Canadian Home Insurance Study, a spike in major claims …
Specialty commercial insurer CNA Hardy said it plans to open a new European subsidiary in Luxembourg. The company said it is acting to provide “continuity to our employees, customers and brokers” in the current uncertain post-Brexit political environment. The process …
Hamilton Re, the Bermuda-based operations of Hamilton Insurance Group, has established its first special purpose vehicle, Turing Re Ltd., which will provide collateralized capacity for Hamilton Re’s global reinsurance portfolio. Hamilton Re said Turing Re has been funded with $65 …
New York’s top cop told a judge that an investigation into Exxon Mobil Corp.’s public statements about climate change uncovered “significant evidence” the oil giant may have misled investors. In a court filing Friday, New York Attorney General Eric Schneiderman …
Cross Insurance, a Bangor, Maine-based subsidiary of Cross Financial Corp., has acquired Appleby & Wyman Insurance Agency, making it the 16th Massachusetts insurance agency to be purchased by Cross. Founded in 1903, Appleby & Wyman was established to serve the …
A former manager of a western Massachusetts power plant has been sentenced to probation after pleading guilty to tampering with emissions equipment and submitting bogus reports to regulators in violation of the federal Clean Air Act. Fred Baker, of Southampton …
President Donald Trump’s administration will unveil revised self-driving guidelines within the next few months, the head of the U.S. Transportation Department said on Monday, responding to automakers’ calls for regulations that will eliminate barriers and allow autonomous vehicles on the …
A woman who was driving a car that crashed into a popular Dewey Beach restaurant, igniting a fire that burned the eatery down, has been ordered to pay $241,000 and serve two years of probation. Media outlets report that 37-year-old …
