California Will Provide $500M in Virus Aid for Small Businesses December 2, 2020 California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions,...
Fairfax Announces Sale of RiverStone Europe to Private Equity Firm CVC December 2, 2020 Fairfax Financial Holdings Ltd. announced it has entered into a binding agreement with CVC Capital Partners (CVC) to sell all...
Crum & Forster Acquires Aspen’s Food and Beverage Product Recall Business December 2, 2020 Specialty insurer Crum & Forster (C&F) has acquired the renewal rights of Aspen’s U.S. food and beverage product recall insurance...
Hub International Acquires Quebec-Based Seymour Alper December 2, 2020 Hub International Ltd., the Chicago-based insurance brokerage, announced that it has acquired Seymour Alper Inc. Terms of the transaction were...
Gale-Force Winds, Rain and Snow Lash Much of Northeastern U.S. December 2, 2020 Gale-force winds lashed much of the northeastern U.S. on Monday, prompting tornado watches and flash-flood warnings. “Hold on to your...
Lockton Adds 3 Managing Directors from Aon to Its Transaction Liability Practice December 2, 2020 Global insurance broker Lockton reports that three transaction liability advisors from Aon — Joshua Halpern, Gaurav Sud and Eric Ziff...
AXIS Re Hires Willis Re’s Bangs as Head of Japan December 2, 2020 AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the hiring of David Bangs as head of...
New Independent London Broker, Ballantyne Brokers Ltd., Opens for Business December 2, 2020 Ballantyne Brokers Ltd., an independent London broker, announced it has started business. Founded by veteran London market brokers, Ross Ballantyne...
The Liberty Company Insurance Brokers Adds Borkowski, Caparo Insurance Team December 2, 2020 The Liberty Company Insurance Brokers has announced that Steve Borkowski and Caparo Insurance of Conshohocken, Penn., have joined the firm,...
Insuring Cyber Podcast Episode 3: Underneath ‘the Tip of the A.I. Iceberg’ in Insurance December 2, 2020 Nearly 75% of respondents in a recent survey from the Coalition Against Insurance Fraud and Shift Technology said they believe...