Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced that the company is launching SomPro, a global financial and professional lines platform encompassing insurance and reinsurance capabilities. SomPro said it aims to deliver market-leading underwriting, …
Teens who took a supplemental drivers’ education program — including tours of emergency rooms, intensive care units and a morgue — showed greater awareness of the consequences of risky driving and of how they can avoid dangers, a Baylor University …
The parents of a Penn State University student who died after a night of hazing and drinking have settled with the national organization of the fraternity he was pledging, their lawyer said. The amount for which Jim and Evelyn Piazza, …
Ford Motor Co. will recall about 2 million F-150 pickups in North America to fix faulty seat-belt components that have sparked fires following crashes, after U.S. auto safety regulators began an investigation into the issue last month. The safety campaign …
Valerie Turpin has joined Arch Insurance as executive vice president and Head of U.S. Property. She succeeds Michael Kmetz, who has taken a different role within the firm. In this position, Turpin will have oversight of both the Excess and …
Pryor Cashman has hired insurance coverage attorney Christopher Loeber to the firm’s New York office to lead the newly-created Insurance Recovery and Counseling practice. With more than 20 years of experience, Loeber joins as a partner, having previously been with …
Chubb reports that Mike Berry, who has been head of Surety for the UK and Ireland, will serve as head of Surety for Europe. Jamal Griffith is replacing Berry as head of Surety for UK and Ireland. Berry will be …
Concord Specialty Risk has hired Rustin I. Paul Esq. as executive vice president of Reps and Warranty Insurance Underwriting, where he will have a leading role in the future of the firm’s Reps and Warranty Insurance practice. Paul will be …
Japan’s northern island of Hokkaido began to restore power after a strong earthquake overnight knocked out electricity throughout the entire prefecture of more than 5 million people. The magnitude 6.7 quake that hit on the western part of the island …
A growing number of countries can hack into private computer networks and install malicious software to sabotage another country’s infrastructure, Germany’s domestic spy chief said on Tuesday. China, Russia and other countries continued to try to break into German companies’ …
