New Hampshire’s insurance commissioner is stepping down less than two years after his appointment. In a letter to the governor Monday, Commissioner John Elias said deciding to resign on Dec. 31 was a difficult decision, but the best one for …
Arch Capital Group Ltd. announced the completion of its previously disclosed acquisition of Barbican Group Holdings Ltd. (Barbican), including Barbican Managing Agency Ltd., Lloyd’s Syndicate 1955, Castel Underwriting Agencies Ltd. and other associated entities. “We are excited to complete this …
Berkshire Hathaway Specialty Insurance (BHSI) announced that it is introducing Commercial Crime Insurance in Asia, a new policy designed to help companies address the exposures of a changing fraud landscape. BHSI’s Commercial Crime Insurance policy offers concise contract language for …
France’s financial regulator will subject banks and insurers to climate change stress tests next year, central bank governor Francois Villeroy de Galhau said on Friday. Investors are increasingly putting pressure on companies to make concrete steps to helping implement the …
The European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, the head of Europe’s fifth-biggest insurer Zurich said in a newspaper interview on Thursday [Nov 28]. “I don’t believe in market consolidation …
Texas Mutual Insurance Co. recently paid $3.5 million in early qualifier dividends to approximately 3,200 newer policyholder owners across the state. This payout is the final component of the company’s $330 million record dividend distribution to more than 55,000 policyholders …
Lansing, Mich.-based AF Group and Michigan State University (MSU) Department of Statistics and Probability have teamed up to offer a master’s-level certificate in Quantitative Risk Analytics exclusively to AF Group teammates. The partnership was formed through the collaborative efforts of …
H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Barbican Protect Ltd., as part of its continued expansion into the UK market, subject to regulatory approval. Purchased from Barbican Insurance Group for …
Veteran Brightway Insurance Franchise Owners David Pojero and David Jones have expanded their business enterprise with a second Brightway store in Central Florida. The business partners opened their first Brightway office in Longwood in 2012 and are the new owners …
Kentucky officials received calls complaining about the smell of gas before an explosion that killed two people at a home near the rural community of Campton on Saturday. Wolf County Emergency Management Director Marcus Stephens told WLEX-TV that someone at …
