Bermuda-based specialty insurer and reinsurer Sompo International Holdings Ltd. said that the integration of Sompo Japan Nipponkoa Insurance Company of Europe Limited (SJNKE) into Sompo International reached a significant milestone on May 1, 2018 as SJNKE became a wholly-owned subsidiary …
Warren Buffett on Saturday said he hoped a chief executive would be found within a couple of months for the healthcare company being set up by Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co. to lower patient costs. …
Billionaire investor Carl Icahn has sold his stake in American International Group Inc, ending a more than two-year association with one of the largest U.S. property and casualty insurers, according to a person familiar with the matter. The activist investor …
Marsh & McLennan Companies announced that Erick R. Gustafson has been appointed as the company’s first chief public affairs officer. Gustafson has led the company’s Government Relations Department since 2008. In this expanded role, Gustafson will lead global corporate strategy …
The Alternative Markets Division of Great American Insurance Group has launched a new national program in conjunction with Grundy Insurance focused on coverages for antique and classic car restoration and repair shops across the United States. The program, underwritten by …
INSUREtrust has added Brady Kinkade as a Professional Lines account manager on the production team of Executive Vice President Christiaan Durdaller. Kinkade’s experience in the insurance industry comes from his tenure at Sompo International, where he held both administrative and …
Policymakers need to find a way to get banks involved in property mitigation if Florida is to improve its hurricane resiliency, according to a former state insurance commissioner. Banks are currently unmotivated to protect mortgages through mitigation because the government …
A North Carolina chemical plant is on shutdown as the company and investigators explore why a worker died. A spokeswoman for Dutch chemical-maker AkzoNobel said Sunday the man fell into an empty tank at the company’s Salisbury plant. Spokeswoman Stephanie …
This post is part of a series sponsored by CoreLogic. Situated along the eastern edge of the Pacific Ocean’s “Ring of Fire,” California is in the middle of earthquake country, and planning for the next one is crucial. The Hayward …
The New York Department of Financial Services (DFS) has fined Chubb Ltd. and its subsidiary, Illinois Union Insurance Company, $1.3 million for underwriting the National Rifle Association (NRA)-branded Carry Guard insurance program in violation of New York insurance law. Through …
