MILAN – Europe’s insurance industry doesn’t have the capacity to deal with the systemic risk of a pandemic and more protection needs to be put in place through private-public partnerships, the head of Italian insurer Generali said on Thursday. Speaking …
Costero Holdings, a privately held London-based brokerage, has acquired the independent broker Mar Risk Services Ltd. (MarRS), effective March 1, 2021. Headquartered in London, MarRS offers insurance advice and access to leading insurance providers both in Lloyd’s and international markets. …
Zurich Insurance Group has appointed Sierra Signorelli, currently group chief underwriting officer, to the role of chief executive officer for Commercial Insurance and as a member of the executive committee with immediate effect. Signorelli succeeds James Shea, who has decided …
Aviva Plc has exited its Italian businesses in a pair of deals totaling 873 million euros ($1.1 billion) as the UK insurer continues to pivot to its core markets. CNP Assurances and Allianz SE bought the London-based firm’s Italian life …
It’s the start of another Florida Legislative Session with a familiar theme — insurers pushing for reforms they say are needed to help the state’s distressed insurance market. Only this year the need is more urgent than ever, according to …
Associated Insurance Administrators (AIA), based in Montgomery, Ala., has appointed Patrick Albrecht as president. The appointment of Albrecht is part of the company’s reorganization to bring the authorities and responsibilities into the day-to-day operations. AIA said the shift to having …
Alliant Insurance Services has acquired Group Insurance Incorporated (GII), a full-service employee benefits provider and general agency based in Baton Rouge, Louisiana. The acquisition of GII adds a diverse portfolio of group insurance products and services to Alliant’s national employee …
Kansas lawmakers moved on March 2 to extend protections for businesses from lawsuits over COVID-19. The Senate Judiciary Committee approved a bill that would give businesses an extra year of protection, until March 31, 2022, from lawsuits from customers or …
Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …
Democrats and Republicans in Congress are taking aim at a controversial law that shields internet platforms including Facebook Inc. and Twitter Inc. from lawsuits over content posted by users. The measure — just 26 words known as Section 230 — …
