Satellite Agency Network Group Inc. (SAN), a Hampton, N.H.-based alliance of independent insurance agencies in the Northeast, recently hired Karen Landry as commercial lines placement specialist for its AccessPlus department. Reporting to AccessPlus Manager Sarah Bassett, Landry is responsible for …
HPM Insurance, an Amherst, N.H.-headquartered insurance agency, has acquired Byse Agency Inc. of Laconia, N.H. Byse Agency has met the insurance needs of individuals and businesses since its incorporation in 1932 and has three locations. The purchase of Byse Agency …
Hub International Northeast, a subsidiary of global insurance brokerage Hub International Limited, has hired Terrance Farrell as vice president of marketing and Vaughan Reale as vice president, responsible for employee benefits brokering and consulting. Based out of the New York …
Allianz has slightly downgraded its profit outlook for the full year after increased claims from natural disasters in North America, the German insurance giant’s finance chief said. Hurricanes Harvey, Irma and Maria, two earthquakes in Mexico, and fires in California …
Asta, the third-party managing agent at Lloyd’s, announced that Agora Syndicate 3268 has received approval from Lloyd’s to commence underwriting business attaching on or after Jan. 1, 2018. Agora Syndicate 3268 will be managed by Asta and is privately capitalized …
Peak Reinsurance Co. Ltd., the Hong Kong-based reinsurer, announced that the company has been authorized to write life and general reinsurance business in Singapore, effective Nov. 2, 2017. “Asia is our core region. Peak Re has already built a sizable …
Foreign insurers, especially AIA Group Ltd., can break out the champagne: China’s opening of its financial markets is great news. The day after U.S. President Donald Trump left Beijing with billions of dollars of deals with President Xi Jinping, the …
After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get its act together if it wants to survive climate change. Insuring against weather natural disasters could reach unaffordable levels for …
A tax plan by U.S. Senate Republicans released on Thursday diverges in several ways from legislation being pushed by Republicans in the House of Representatives, complicating Republican efforts to fulfill their goal of overhauling the tax code by the end …
The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and wildfires. The industry may have to shell out more …
