Chubb announced it has appointed Peter Kelaher as country president for Australia and New Zealand. In his new role, Kelaher, who is currently senior vice president and head of Property and Casualty (P/C) for Australia and New Zealand, will have …
Insurance Australia Group, the country’s largest general [P/C] insurer, said on Tuesday it had no net exposure to supply chain finance firm Greensill Capital, helping its shares recover from a sharp 10% drop earlier. IAG said in a statement that …
In an effort to educate consumers about contractor fraud schemes that are contributing to increased insurance rates, Florida’s Insurance Consumer Advocate (ICA) Tasha Carter has launched a new educational initiative, Demolish Contractor Fraud: Steps to Avoid Falling Victim. The new …
Allianz’s technology investment arm is committing $75 million to WeLab, a Hong Kong-based fintech focused on virtual banking, consumer financing and other related digital services. The deal also includes a strategic partnership. The insurer’s Allianz X digital investment unit committed …
Texas surplus lines insurance premium recorded in Texas in February totaled $509.48 million, the Surplus Lines Stamping Office of Texas (SLTX) has reported. With the addition of February premium, the year-to-date total rose to $1.12 billion. This results in a …
The official committee representing child sex abuse victims in the Boy Scouts of America bankruptcy has agreed to give the BSA more time to respond to a lawsuit challenging BSA’s claims that several hundred millions dollars of its assets are …
Florida businesses would be protected from coronavirus lawsuits if they made a good effort to follow guidelines to prevent the spread of COVID-19 under a bill passed by the House on Friday. The House also passed a bill that would …
West Virginia environmental authorities said Friday that they are investigating the cause of highly acidic water flowing from a former mine complex to waterways in northern Preston County. Sediment and discharge 10 times as acidic as normal concentrations are entering …
Kia Lor, 54, of Merced, Calif., was arraigned on four counts of insurance fraud after an investigation by the California Department of Insurance found that she allegedly lied about the extent of prior injuries in an attempt to receive nearly …
Gov. Andy Beshear reiterated his promise to seek federal disaster relief on Friday while touring several flooded counties in Eastern Kentucky, the Lexington Herald-Leader reported. “What I saw was the worst flash-flooding that I’ve seen in my lifetime,” Beshear said …
