Family of Slain Man Sues Illinois Bar Where He Was Stabbed August 6, 2020 The family of a man who was stabbed to death in February outside of a Chicago bar is suing the...
World Insurance Associates Acquires New Jersey’s JF Murray Co. August 6, 2020 World Insurance Associates LLC (WIA) has acquired JF Murray Co. Inc. of Point Pleasant, N.J., on July 1, 2020. Terms...
Heavy Rain in Pennsylvania Prompts Rescues, Wind Damages Hospital Day Care August 6, 2020 High winds partially tore the roof off a day care center on the grounds of a suburban Philadelphia hospital, injuring...
Exxon Argues Massachusetts AG’s Climate Lawsuit Amounts to Improper Retaliation August 6, 2020 By Erik Larson Exxon Mobil Corp. will argue that a consumer and investor fraud lawsuit filed by the Massachusetts attorney general amounts to...
Lloyd’s Broker Ed Taps Ulhaq from RFIB to Expand Int’l Facultative Reinsurance Offering August 6, 2020 Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointment of Assad Ulhaq as senior broker and producer with...
Legacy Specialist DARAG Buys Luxembourg Auto and Travel Insurer, Arisa Assurances August 6, 2020 DARAG Group Ltd., the Malta-based legacy acquirer, announced the acquisition of Arisa Assurances SA, an automobile and travel insurance company...
After Beirut Port Explosion, AM Best Comments on Potential Insurance Exposures August 6, 2020 The devastating explosion at the Beirut’s port on Tuesday, Aug. 4 caused many casualties and considerable damage, but local insurance...
Gallagher Buys Canada Retail Broker Insight Insurance August 6, 2020 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Edmonton, Alberta-based Insight Insurance & Risk...
Munich Re’s Q2 Net Profit Slumps 42% on COVID-Related Losses August 6, 2020 German reinsurance group Munich Re posted a 42% decline in second-quarter net profit, with around 700 million euros ($832 million)...
Insurer AXA, With H1 Net Income Down 40%, Warns of Future COVID-19 Shocks August 6, 2020 By Benjamin Robertson AXA SA’s profit sank in the first half as it booked a 1.5 billion-euro ($1.8 billion) charge for claims related...