People Moves: BHSI Enters Commercial Hull in Australasia, Hiring Hesson From QBE; Hannover Re Appoints Swiss Re’s Ooi to Oversee P/C Growth in APAC August 9, 2022 This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance and Hannover Re. A summary of these...
Argenta Ceases Underwriting New and Renewal Business in Singapore August 9, 2022 Argenta Underwriting Asia Pte Ltd (AUA) announced that it will cease writing new and renewal business in Singapore with immediate...
AIG Exceeds Profit Estimates on Strong Underwriting Gains August 9, 2022 Insurer American International Group Inc. beat market estimates for quarterly profit on Monday as a jump in underwriting income cushioned...
Independent Agents Place Majority of U.S. P&C Insurance: Big I August 9, 2022 The independent agency channel places 62% of all property-casualty insurance written in the U.S., according to the Big “I” 2022...
Report: Previously Flooded Carolina Homes Pose Risk to Buyers August 9, 2022 A new Natural Resources Defense Council report exposes potential hidden costs associated with purchasing a single-family home with a flood...
Tennessee’s Kemmons Wilson Joins Virtus Brokerage August 9, 2022 Virtus LLC, a Kansas City-based insurance brokerage and consulting firm, has joined forces with Kemmons Wilson Insurance Group, a Memphis...
Truist Buys Texas-based BenefitMall August 9, 2022 Charlotte-based Truist Insurance Holdings, one of the largest insurance brokerages in the United States, has agreed to acquire BenefitMall, the...
Arthur J. Gallagher & Co. Acquires Denver Agency in Colorado August 9, 2022 Arthur J. Gallagher & Co. acquired Denver, Colorado-based Denver Agency. Denver Agency is a personal lines-focused insurance agency that specializes...
People Moves: Anderson Joins Safety National Cyber Team; Coalition Hires First CFO August 8, 2022 Steven Anderson joins Safety National’s Cyber Insurance Team Steven Anderson has joined the Safety National cyber insurance team as Director...
Florida’s Ag Commissioner Wants Lower Retention for Cat Fund August 8, 2022 Florida’s agriculture commissioner, a Democratic candidate for governor, is on board with what many in the insurance industry have been...