Hamilton Launches New Bermuda Special Purpose Insurer Called ‘Ada Re’ November 23, 2020 Hamilton Insurance Group Ltd. announced the launch of Ada Capital Management Ltd., a Bermuda-regulated insurance agent authorized to underwrite on...
Kemper to Pay $370M for Specialty Insurer Focused on Hispanic Market November 23, 2020 Kemper Corp. has agreed to pay $370 million in cash for specialty auto insurer American Access Casualty Company and its...
BMS Names Madell as Director in New Financial Lines Division November 23, 2020 BMS Group, the independent specialist re/insurance broker, announced the appointment of Chris Madell as director in BMS’ new Financial Lines...
Ping An’s Goal to Pivot from Finance Group to Tech Giant Is Now Threatened November 23, 2020 By Bloomberg News The headwinds that toppled Ant Group Co.’s initial public offering now threaten a $22 billion dream of China’s Ping An...
Theater at Renowned Jacob’s Pillow Dance Center in Massachusetts Burns Down November 23, 2020 A fire at the renowned Jacob’s Pillow dance center in Massachusetts destroyed a theater building, but no one was hurt....
Connecticut Town Officials Charged in Probe of Hazardous Waste Dumping November 23, 2020 Five former or current officials of Fairfield, Connecticut, are among several people who have been arrested in connection with the...
Huge Vestas Wind Turbine Collapses in Northern Sweden in Rare Accident November 23, 2020 By Lars Paulsson A 230-meter tall wind turbine built by Vestas Wind Systems A/S collapsed at a site in northern Sweden over the...
Johnson & Johnson to Pay $120 Million in NY Baby Powder Case November 23, 2020 By Jonathan Stempel Johnson & Johnson has been ordered by a New York state judge to pay $120 million in damages to a...
Best Agency to Work For East: William A. Smith & Son Insurance November 23, 2020 By Elizabeth Blosfield Not all insurance agents are created equal. At least that’s what William A. Smith & Son Insurance states on its...
Praedicat Develops Insurance Tool for COVID-19 Liability November 23, 2020 Praedicat, the Los Angeles-based liability emerging risk modeling firm, has developed an insurance tool for the casualty insurance market, which...