Yearly Archives: <span>2018</span>

Connecticut’s Paragon Insurance Holdings Hires Fuller

Paragon Insurance Holdings LLC, a national, multi-line specialty managing general agency (MGA) based in Avon, Conn., has hired Tonya Fuller as vice president of its Winery and Brewery division. Additionally, Ashley Forslund has become a member of the Paragon team …

Alliant Employee Benefits Hires Kristofak in Virginia

Alliant Employee Benefits has hired Bob Kristofak. Kristofak is from the Richmond, Va.-area and will serve as Alliant Employee Benefits’ new senior vice president, working with a portfolio of clients to provide strategic employee benefits that reduce spending, increase performance …

Railroads, Airlines Seek to Bypass States’ Paid Sick Leave Laws

Fed up with state and local laws that require private employers to offer paid sick days, the airlines and railroads have filed suit, claiming that the interstate nature of their businesses should make them exempt. Airlines for America, a trade …

Exxon Still Isn’t Complying With Climate Subpoenas, New York Says

Exxon Mobil Corp. is refusing to turn over documents crucial to New York’s investigation into whether the oil giant’s public statements about climate change misled investors, the state’s top lawyer said. Exxon hasn’t complied with subpoenas for cash-flow projections reflecting …

Guggenheim Exploring Deal with Munich Re’s Asset Management Unit

Guggenheim Partners is exploring the sale of a stake in its $250 billion asset-management unit overseen by Scott Minerd, according to people familiar with the matter. Guggenheim Partners Investment Management has been in talks with global insurers, sovereign wealth funds …

EU Parliament Panel Backs Stricter Copyright Rules Opposed by Tech Leaders

Google, Facebook , Microsoft and other tech giants could face more curbs on their market power after a European Parliament committee voted in favor of tougher copyright rules on Wednesday. The copyright rules, proposed by the European Commission two years …

Lewis Succeeds West as Leader of Chubb’s Mid-Market Commercial Lines; Rockwell Named Chief Underwriter

Chubb has appointed Paul Lewis North America Commercial Insurance Industry practice leader for its North American mid-market segment. He will be responsible for leading Chubb’s Commercial Insurance Industry practices in the United States and Canada, and will have oversight of …

Chilton to Return to Capsicum Re Later This Year After Leaving Gallagher Role

Capsicum Re, the London-based specialist reinsurance broker, announced that Grahame “Chily” Chilton will rejoin the business later this year. Chilton will work alongside CEO Rupert Swallow to drive global business development and help shape the strategic direction of the company …

With Ambitions to Expand (and Disrupt Allianz), German Insurer DFV Weighs IPO

With ambitions to challenge insurance giants like Allianz SE, newcomer Deutsche Familienversicherung AG [DFV] needs 100 million euros ($116 million) in fresh funds to finance its expansion plan. An initial public offering is one path Stefan Knoll, founder and chief …

Hamilton Underwriting Taps Chubb’s Lee-Amies as Head of Treaty at Syndicate 3334

Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced that Neil Lee-Amies has joined the agency as head of Treaty. Lee-Amies reports to Active Underwriter Miles Osorio. Osorio and Adrian Daws …