China’s Ping An Insurance Says Coronavirus Outbreak Could Hit Business February 20, 2020 By Zhang Yan and Engen Tham Ping An Insurance Group Co. of China Ltd., China’s largest insurer by market value, said on Thursday that the coronavirus...
Update: AXA Appoints Chubb’s Gunter as CEO of AXA XL, Replacing Hendrick February 20, 2020 AXA announced the appointment of Scott Gunter as chief executive officer of AXA XL. He will replace Greg Hendrick, who...
Activist Hedge Fund Elliott Investment Builds Stake in Dutch Insurer NN Group February 20, 2020 By Bart H. Meijer Elliott Investment Management, U.S. billionaire Paul Singer’s activist hedge fund firm, has built up a 3.04% stake in Dutch insurer...
Swiss Re 2019 Profit Hit by Natural Disasters, U.S. Casualty Claims February 20, 2020 Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and...
AXA Lowers 2020 Profit Guidance for XL Unit February 20, 2020 By Maya Nikolaeva and Matthieu Protard French insurer AXA lowered its 2020 profit guidance for its companies-focused XL unit and named a new boss for the...
Tennessee Teen Kidnapped by Teacher Settles with School District for $650K February 20, 2020 A lawsuit has been settled between a Tennessee school district and a former student who was kidnapped by a teacher...
Tennessee Grand Jury Wants Criminal Investigation Into Coal Ash Worker Illnesses February 20, 2020 A grand jury in Tennessee said it would support a criminal investigation into claims that a Tennessee Valley Authority contractor...
Farmers Insurance Expands Into South Carolina with Online Auto Insurance Policy February 20, 2020 Farmers Insurance has launched its first auto insurance product in South Carolina, delivered exclusively through a new digital and customizable...
Suit Against Army Corps for Post-Harvey Flooding Dismissed by Federal Judge February 20, 2020 By Kiah Collier, The Texas Tribune A federal judge has ruled that the U.S. Army Corps of Engineers isn’t liable for flood damage to thousands of...
Employee Accused of Stealing from Nebraska Insurance Agency Fined $400 February 20, 2020 A woman accused of stealing from a Beatrice, Neb., insurance agency has been fined $400. Gage County Court records say...