Settlement Reached in 2016 San Antonio Sinkhole Death: $15M August 8, 2019 The family of a sheriff’s deputy who died when her personal vehicle fell into a sinkhole that opened along a...
CIC Services of Tennessee Forms Knox Reinsurance Co. in North Carolina August 8, 2019 CICS Services, LLC (CICS) has launched a reinsurance pool for property and casualty coverages. Knox Reinsurance Company Inc., referred to...
2 Maryland Men Charged with Stealing $8M in Disaster Aid Funds August 8, 2019 A federal grand jury has indicted two Maryland men on charges they stole the identities of natural disaster victims and...
ISO, Intterra, Western Fire Chiefs Partner to Better Understand Wildfire Risk August 8, 2019 ISO and Intterra are partnering with the Western Fire Chiefs Association to explore new ways of analyzing and understanding wildfire...
AIG’s P/C Business Delivers on CEO’s Underwriting Promise August 8, 2019 By Mark Hollmer American International Group (AIG) President and CEO Brian Duperreault has insisted that the insurer’s General Insurance unit will produce an...
EPIC Acquires Trumark Insurance & Financial Services in California August 8, 2019 EPIC Insurance Brokers and Consultants has acquired Trumark Insurance & Financial Services in a Pleasanton, Calif. The deal closed August...
Assured Guaranty to Take Over BlueMountain Capital for $160 Million August 8, 2019 By Nabila Ahmed and Hema Parmar Assured Guaranty Ltd. has agreed to take over BlueMountain Capital Management, the $19.3 billion money manager that has come under...
Kinsale Capital Expects $57 Million from Public Offering at $93 per Share August 8, 2019 Richmond, Virginia-based specialty insurer Kinsale Capital Group (NASDAQ: KNSL) announced the pricing of its underwritten public offering of 645,000 shares...
Apple Faces Privacy Lawsuit Over Listening to Siri Users’ Recordings August 8, 2019 By Mark Gurman and Robert Burnson Apple Inc. was sued over claims that the privacy of Siri users was violated when human reviewers listened to customer...
Zurich Insurance Expects to Beat Targets as It Enters Final Stretch of Turnaround August 8, 2019 By Patrick Winters Zurich Insurance Group AG said it expects to beat all its financial targets for the 2017-2019 period as the global...