U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions as the Trump administration seeks to curb the Kremlin’s economic leverage over Europe and Turkey. Pompeo told a …
Global insurers want to increase investments in commercial warehouses as their stakes in office space become riskier because of employees working remotely during the novel coronavirus pandemic, Goldman Sachs Asset Management (GSAM) executives said. The pandemic is hastening a shift …
Amynta Group, a provider of property/casualty and warranty protection products and services, has acquired the surety operations of Aspen Insurance. The business will now operate as Amynta Surety Solutions. As part of the transaction, Amynta said it will partner with …
Castel Underwriting Europe B.V. has agreed to acquire the renewal rights for a Navigators Europe book of predominantly of Dutch marine cargo, inland hull, land-based equipment and liability business from The Hartford. Navigators Europe is the trading name of the …
The London Market Group (LMG) launched a paper outlining an ambitious approach to free trade in financial services, using the forthcoming UK-Switzerland trade discussions as a template for an approach to other third countries. The LMG is asking the government …
Canada saw powerful a series of powerful thunderstorms in June, which brought hail greater than the size of tennis balls and caused extensive damage and flooding throughout the greater Calgary metro region, said Aon in its monthly Global Catastrophe Recap …
Houston-based Brock Services LLC, part of the Brock Group, will pay $35,000 to settle a disability discrimination lawsuit, federal officials say. In its lawsuit, the U.S Equal Employment Opportunity Commission (EEOC) alleged Brock Services forced an employee to take three …
Berkshire Hathaway GUARD Insurance Companies has added Missouri, Washington and Wisconsin to the list of states where the insurer offers its homeowners insurance product. With the expansion to the three new states, the company offers personal lines products in 15 …
As the 2020 hurricane season gets underway, emergency officials pay attention to the growing share (29%) of the U.S. population in the nation’s 255 coastline counties. They’re also looking at ways to minimize the impact of a hurricane on coastline …
Berkley Crime, a division of Berkley FinSecure, a Berkley Co., has named Brian Platt assistant vice president-Underwriter. Platt will be focused on developing stand-alone fidelity/crime business across a spectrum of businesses within the West region. He will be based in …
