CNA Financial Corp. reported first quarter 2019 net income of $342 million, up 17.5 percent over the $291 million reported for the same period in 2018. The company saw a big improvement in its first quarter results over its Q4 …
World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., acquired the Joseph A. Britton Agency Inc. of Mountainside, N.J., on April 1, 2019. The Joseph A. Britton Agency is a healthcare and professional liability insurance agency …
Delaware’s Supreme Court has rejected an appeal in a lawsuit stemming from a 2012 airplane crash in the Congo that claimed the life of the chief adviser to that country’s president and left his finance minister seriously injured. The companies …
Hannah Altomare has been promoted to senior account manager within R-T Specialty LLC’s National Environmental and Construction Professional Liability Practice (ECP). In this role, she is responsible for supporting the company’s new business and marketing efforts in addition to providing …
The U.K. government’s official adviser on climate change is set to recommend the country adopt a target to drive net fossil fuel emissions to zero by 2050, according to people familiar with the plan. If adopted, the proposals would give …
Arch Insurance (UK) Ltd., the London-based subsidiary of Arch Insurance International, is set to enter the cyber insurance market with a new product focused on the needs of small and medium enterprise (SME) clients and their insurance brokers. The product …
Norsk Hydro said the March cyber attack that paralyzed its computer networks would cost the aluminum maker up to 450 million Norwegian crowns ($52 million) in the first quarter. The Oslo-based firm, one of the world’s largest producers of the …
Canopius, the London-based global specialty re/insurer announced it is opening an office in Sydney, Australia, as part of its commitment to expand in the Asia-Pacific region. Subject to regulatory approval, the local entity will be open to underwrite business in …
General Re Corp., the reinsurance subsidiary of Berkshire Hathaway, announced that Andrew D’Arcy will become head of Gen Re International Property & Casualty. D’Arcy will relinquish the role of CEO of Faraday, Gen Re’s Lloyd’s operation, which manages Syndicate 435. …
Hiscox, the Bermuda-headquartered specialist insurer, announced the appointment of Melissa Hill as head of Claims in the United States. Hill, who has more than a decade of experience in claims operations, will oversee the strategic direction and performance of the …
