U.S. Commercial Insurance Prices Inched Up in Q4 March 11, 2019 U.S. commercial insurance carriers again earned price increases in the 2018 fourth quarter, but the growth was slight. Premiums during...
Hub International Limited Acquires The Insurance Exchange in Maryland March 11, 2019 Hub International Limited has acquired The Insurance Exchange Inc. Based in Rockville, Md., The Insurance Exchange is an independent insurance...
Arthur J. Gallagher & Co. Acquires Connecticut’s Merit Insurance March 11, 2019 Arthur J. Gallagher & Co. has acquired Shelton, Conn.-based Merit Insurance Inc. Founded in 1950, Merit Insurance is a retail...
UK’s Global Aerospace Is Boeing’s Lead Insurer March 11, 2019 Britain’s Global Aerospace is the lead insurer for the world’s biggest plane maker Boeing Co, the insurer’s top boss said...
Lockton Expands Reinsurance Brokerage Globally; Hires 3 Guy Carpenter Executives March 11, 2019 Global insurance broker Lockton has formed a global reinsurance business, Lockton Global Re, and hired several Guy Carpenter executives as...
BHSI Names Heads of Marine (AXA’s Mairos) & Property (Zurich’s Mannion) in UK, Ireland March 11, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced it has appointed Pedro Mairos as head of Marine, and Sean Mannion as head...
Brazil’s Caixa Aims to Raise $3.9B via Listings of Units, Including Its Insurer: Report March 11, 2019 State-owned Brazilian bank Caixa Economica Federal is hoping to raise 15 billion reais ($3.88 billion) through the listing of four...
Lepore Promoted to VP at California’s Burnham Benefits Insurance Services March 11, 2019 Irvine, California-based Burnham Benefits Insurance Services has promoted Maggie Lepore to vice president. Lepore continues to expand Burnham’s central coast...
H.W. Kaufman, Burns & Wilcox Canada Buy TRU Transportation Risk Underwriters March 8, 2019 H.W. Kaufman Group and Burns & Wilcox Canada announced they have acquired Toronto-based TRU Transportation Risk Underwriters Ltd. (TRU), a...
Pool Re Funds £10M Initiative to Help UK Businesses Improve Resilience to Terrorism March 8, 2019 Pool Re, Britain’s terrorism reinsurer, is collaborating with UK government agencies to help businesses proactively protect against the risk of...